Business Grants 101: What They Are and How They Work
Business Grants 101: What They Are and How They Work? In Business Grants 101, you’ll discover that business grants are one of the most attractive funding options available to entrepreneurs – especially startups – because they do not need to be repaid. That alone makes them a powerful financial resource for businesses looking to launch, grow, or expand without taking on additional debt.
Understanding Eligibility Is Key: Meeting a grant’s eligibility requirements is essential to have a realistic chance of success. Each funding source sets its own criteria, which may include business size, industry, location, ownership type, or mission-driven impact.
GrantWatch, the leading grant listing website, helps simplify this process by identifying grants that match your specific business needs. GrantWatch also provides tools to help you determine your eligibility before you apply – saving time and improving efficiency. Currently, GrantWatch lists 1,700+ grants in its Small Business grants category.
Below is a selection of business development grants, in-kind support opportunities, and achievement awards that are currently available.
Sample Business Grants, In-Kind Support, Opportunities and Awards
Grants and In-Kind Support to Recognize Small Business Community Impact
The program awards $20,000, along with in-kind services, to small businesses in recognition of their positive impact on their communities. A third party must nominate businesses that demonstrate a history of integrity, perseverance, and community involvement. Awardees will also receive free access to online communication tools, marketing platforms, and accounting software.
Grants and In-Kind Donations to Veterans to Grow Farming or Ranching Businesses
Veteran-owned agricultural businesses will receive grants of up to $5,000, plus in-kind equipment. This program supports veterans entering the farming or ranching industries through donations or purchases of livestock, vehicles, equipment, and essential supplies.
Grants to Develop and Market Value-Added Agricultural Products
Agricultural producers, cooperatives, and groups will receive funding to expand market opportunities and increase income through value-added activities. The goal of the program is to generate new products, use innovation to create and expand marketing opportunities, and strengthen rural economies.
Business Development Grants and In-Kind Support for Early-Stage Jewelry Designers
Early-stage jewelry designers – especially those working primarily in silver – will receive grants and in-kind support for career-building and business development activities. The purpose of the program is to help emerging artists promote and grow their creative businesses.
Business Development Opportunities for Healthcare Startups
Healthcare startups will have the opportunity to participate in a business development program. The program connects innovative health technology companies with capital, mentorship, and strategic partnerships. The goal is to foster growth and innovation within the healthcare industry.
Achievement Awards and Business Growth Support for Women Entrepreneurs
The program honors women entrepreneurs with awards for achievements and support for business development and growth. Awards go to women-owned and women-led businesses demonstrating strong, sustainable social and/or environmental impact. Recipients get financial support, training, coaching, workshops, peer learning, and access to a supportive community of experts.
Bottom Line
This Business Grants 101 overview provides a snapshot of what’s involved in securing grant funding. From understanding eligibility to navigating applications, the grant process can be complex. But with the right tools, the process becomes far more manageable.
GrantWatch can help you identify, refine, and target grant opportunities that align with your business goals. In this way, you will be brought one step closer to securing the funding you need to succeed.
About GrantWatch
Libby Hikind, author of The Queen of Grants: From Teacher to Grant Writer to CEO, founded GrantWatch.com, the largest advanced grant search engine in the United States. The platform features over 10,000 active, verified, and human-curated grant opportunities in more than 60 funding categories. Additionally, it lists grants for nonprofits, grants for small businesses, grants for government agencies, and grants for Individuals.
GrantWatch also offers innovative funding tools like the AI Grant Writing Tool, AI Grant Searching Tool, and My Grant Calendar, making it easier to find grants, track deadlines, and draft proposals. Members can upgrade to MemberPlus+ for complete grant details, eligibility criteria, and application information. With 21 powerful features, live customer support, and weekly GrantTalk podcast episodes, GrantWatch is the go-to resource for finding grants and turning funding opportunities into awarded grants.
Libby is also the author of several children’s books and companion coloring books, available at libbyhikind.com.
