Why a Grant Is a Good Idea!

As a nonprofit or small business, funding programs and projects can be a challenge. You may have heard of grants before, but maybe you’re not sure why the use of grant funding is a good idea for your organization to consider. In addition, you may wonder where you can find grants. Many organizations that search for grants use a grant search database. The database search tool can scour through thousands of grants, utilizing the ‘filters’ you provide to leave you with a specific and practical list of available grants that are most likely to meet your needs.

Without access to a database, it can be very time-consuming to sort through the large number of grants being offered. GrantWatch is a grant search database where you can search for grants for nonprofits and small businesses. Users can search through the database by categories and keywords. Users can also find additional information, such as the 990s which show the prior amounts awarded. Most organizations turn to grant funding because of limited budgets. Grants can offer a supplemental source of funding but are not a fix-all solution.

Grants for Nonprofits

It is common for nonprofits to search for grants. Grants are a way to diversify funding strategies. Grants offer a way to fund projects without having to repay the funds. So, applying for grants is a popular way to help nonprofits get the money they need to pay for both new and existing projects. Nonprofits use various ways of raising money such as donations and fundraisers, grants are a great way to receive additional funding. Nonprofits that search for grants on GrantWatch have many different categories to choose from including Community-Services. Other popular categories are Quality of Life and Operating Support.

Grants for Small Businesses

In addition to nonprofits, small businesses can also search for grants. Many times, small businesses need an extra infusion of money to help them through expansion or hard times. Some examples of reasons why small businesses seek funding is that they have experienced a disaster such as during the covid crisis or a natural disaster like a hurricane. Maybe a business is looking to expand but there aren’t enough experienced workers, or they may need capital for a new business. Disaster Grants are one of the categories you can search for at GrantWatch has many grants for small businesses, including Workforce Grants and Capital Funding.

Grants for Individuals

Individuals such as researchers, artists and educators often seek grants to fund projects as well. Schools don’t always have the budget to provide teachers with supplies for projects to help their students. Researchers need funds to help with studies that can lead to major breakthroughs. Artists are especially in need of financial assistance. It can be difficult to find funding for the contributions these individuals bring to society. One category where you can find individual grants are for Arts and Culture Grants. Other often sought categories include Education Grants and Health and Medical Grants.

Looking for grants? With close to 8,000 grants currently available, GrantWatch.com is the leading grant listing directory for nonprofits and businesses. A MemberPlus+ subscription is required to view full details, including eligibility criteria and application information.  For more information, you can also visit the GrantWatch FAQ page.

 

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