Best Small Business Grants in 2026: Types, Eligibility & How to Apply

Types of Small Business Grants: Federal, State, Local, and Private

Small business grants are available from multiple sources, including federal, state, and local governments, as well as private organizations. Federal small business grants, often the most competitive, are listed on trusted platforms like Grants.gov and the U.S. Small Business Administration (SBA) website. These grants typically support projects with significant economic or social impact. For a deeper understanding of the different types of grants and how to apply, see our guide on what is a grant: definition, types, eligibility, and how to apply.

State and local governments offer small business grants focused on regional growth, job creation, or specific industries such as manufacturing or tourism. For example, the California Small Business COVID-19 Relief Grant Program supported thousands of local businesses in recent years.

Private grants, provided by corporations or foundations, often target specific groups or causes. Programs like the FedEx Small Business Grant Contest and the Amber Grant for women entrepreneurs are notable examples. Each grant type has unique application processes, eligibility requirements, and funding amounts. Researching which grants align with your business goals and industry is essential for success. For more on finding grants that fit your project, check out our step-by-step guide.

Small Business Grant Eligibility Criteria: Who Qualifies?

Eligibility requirements for small business grants vary by program, but most require your business to be registered and operating in the U.S. The SBA sets size standards, so check if your business qualifies as ‘small’ for the grant you’re considering. For a detailed breakdown of eligibility, see our guide on grant eligibility criteria: who qualifies and how to apply.

Some grants focus on specific industries, locations, or business owners—such as those led by women, minorities, or veterans. For instance, the Minority Business Development Agency (MBDA) offers grants for minority-owned businesses.

Applicants often need to demonstrate financial need, a strong business plan, and potential for job creation or community benefit. Reviewing each program’s criteria carefully before applying can save time and increase your chances of success. For more tips on qualifying, visit our article on how to qualify for grants.

How to Find and Apply for Small Business Grants in 2024

Begin your search for small business grants on trusted sites like Grants.gov, the SBA’s Funding Programs page, and your state or local economic development agency. Many private grants are listed on business resource websites and through industry associations. For a comprehensive overview, see our guide on how to find and apply for grants.

The grant application process usually involves submitting a detailed proposal, business plan, and supporting documents such as tax returns or financial statements. Some grants may require interviews or presentations. For a step-by-step approach, check out our step-by-step grant process guide.

Pay close attention to deadlines and required materials. Missing a single document or submitting late can disqualify your application. For a step-by-step approach, see our comprehensive guides on finding and applying for grants.

Top Small Business Grant Programs for 2024

Several high-profile small business grant programs are available in 2024. The SBA’s State Trade Expansion Program (STEP) helps small businesses expand into international markets. The FedEx Small Business Grant Contest awards funding and business services to innovative companies. The National Association for the Self-Employed (NASE) Growth Grants support members with funds for marketing, hiring, or equipment.

Many states offer innovation or startup grants, such as New York’s Minority and Women-Owned Business Development Grants. For an up-to-date list, consult resources like Forbes’ small business grants roundup or the Nav small business grants directory. Comparing eligibility, award amounts, and deadlines can help you prioritize which programs to pursue. For more on the latest small business grants, see our guide to small business grants in 2026.

Industry-Specific Small Business Grants: Tech, Women-Owned, Minority-Owned, and More

Many small business grants are tailored to specific industries or business owners. Tech startups can apply for SBIR (Small Business Innovation Research) and STTR (Small Business Technology Transfer) grants, which fund research and development.

Women-owned businesses have access to programs like the Amber Grant and SBA Women’s Business Centers. Minority entrepreneurs can explore grants from the MBDA and local initiatives. Other examples include grants for veteran-owned businesses or those in agriculture, green energy, or creative industries.

Each program has unique eligibility and application requirements. Reviewing these details and preparing tailored applications can improve your chances of winning funding. For more industry-specific grant opportunities, explore our ultimate guide to business and nonprofit grants.

Common Mistakes to Avoid in Small Business Grant Applications

Applicants often make avoidable mistakes, such as missing deadlines, submitting incomplete forms, or not following instructions. Failing to tailor your proposal to the specific grant or using generic language can also hurt your chances.

Double-check that all required documents are included and proofread your application for clarity. For more advice, see our guide on common grant application mistakes and how to avoid them.

Small Business Grants FAQ: Your Top Questions Answered

Are there grants available for small businesses in 2024? Yes. Federal, state, local, and private grants are available throughout the year. Check trusted sources regularly for new opportunities.

What types of grants can small businesses apply for? Options include federal, state, local, and private grants, as well as programs for specific industries or demographics.

How do I qualify for a small business grant? Review each grant’s eligibility criteria, prepare a strong business plan, and ensure your application is complete and submitted on time.

Where can I find small business grants? Start with Grants.gov, SBA.gov, state economic development agencies, and reputable business resource sites. For more resources, see our list of the best grant search websites.

What is the application process for small business grants? Typically, you’ll submit an application, business plan, and supporting documents. Some grants require interviews or presentations.

Are there grants for women-owned small businesses? Yes. Programs like the Amber Grant and SBA Women’s Business Centers specifically support women entrepreneurs.

About Grants

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