Two years into the pandemic, many communities and small companies are nonetheless struggling. There have been loads of small enterprise grant applications to assist impartial firms throughout this time. However many are actually providing extra rounds of funding to assist much more companies. Normal Motors is funding a brand new program, and lots of communities are utilizing federal funds to do the identical. Examine these small enterprise grant alternatives beneath.
GM Grant for Flint, Michigan Companies
Normal Motors has supplied a further $210,000 in funding for the Shifting Flint Ahead grant program. Organized by the Flint & Genesee Financial Alliance, the joint grant program is now in its third spherical, which can present 15 grants of as much as $10,000 to small companies in Flint throughout this grant cycle. To qualify, companies should function throughout the metropolis of Flint, have 20 or fewer workers, and never have a franchise enterprise or be a recipient of different Shifting Flint Ahead grants. Precedence will probably be given to diverse-owned companies. The Deadline to use is March 18.
Rising MI Enterprise
The brand new Rising MI Enterprise grant program will ship $409 million in funding to companies throughout the state. To qualify for grants of as much as $5 million, companies should be in operation earlier than October 1, 2019 and match into one in all a number of predetermined classes. These embody leisure venues, gyms, resorts, barbers, and eating places, amongst others. Companies that started working between October 1, 2019 and Could 31, 2020 may obtain smaller grants to cowl as much as 25 p.c of sure prices accrued throughout the pandemic. Purposes will probably be accepted via March 31.
Maui County Small Enterprise Grant Program
The Maui County Small Enterprise Grant Program is now open to all companies all through the county. This system initially launched in early January, offering funding particularly for eating places, bars, and gymnasiums. Beginning March 1, this system widened its utility pool to assist extra small companies. Maui County organizes this system with monetary assist from a number of native credit score unions and American Rescue Plan Act funds. Eligible companies can apply for grants of $5,000. And this system will proceed till funds are distributed.
Miami County Small Enterprise COVID-19 Restoration Grant Program
Miami County, Ohio is providing no less than $750,000 in federal restoration funds to a brand new small enterprise grant program. The Small Enterprise COVID-19 Restoration Grant Program makes use of a number of the county’s first $10 million American Restoration Plan Act allocation. Brick-and-mortar companies that have been negatively affected by the pandemic can apply for as much as $25,000 to reimburse pandemic-related bills. At-home companies are additionally eligible to use for grants of as much as $10,000 to reimburse bills incurred after March 3, 2021. The applying deadline is Could 31.
Shawnee Financial Restoration Help Program
Town of Shawnee, Kansas and the Neighborhood Capital Fund of Kansas Metropolis are launching a brand new spherical of small enterprise grants. That is the second spherical of funding for the Shawnee Financial Restoration Help program. Native companies can apply for a $5,000, one-time grant, which can be utilized to cowl as much as three months of lease or mortgage funds for a business area. Eligible companies will need to have a location in Shawnee as of July 1, 2021 and have between 1 and 50 workers. On-line purposes are due March 25.
EDGE Grant
The Encouraging Growth, Progress and Growth (EDGE) Grant is a program of Delaware’s Division of Small Enterprise. This system helps early-stage companies all through the state with as much as 10 workers and fewer than 5 years in enterprise. This system will award as much as $100,000 to 5 STEM firms and as much as $50,000 to 5 non-STEM companies. Eligible companies can apply on-line via March 31.
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