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As small-business owners navigate the challenges of inflation and economic uncertainty, securing additional funding can be a game-changer. Here are some exciting grant opportunities available in July 2024 that can help your business thrive.
1. U.S. Chamber of Commerce’s CO-100 America’s Top Small Business Program
- Recognition: Top 100 small and medium-sized businesses in the U.S.
- Awards: Top 10 receive $2,000 each; the top small business gets $25,000.
- Eligibility: Less than 250 employees and less than $20 million in revenue from 2022 to 2023.
- Benefits: One-year membership, networking, and national media exposure.
2. HoneyBook Breakthrough Grant Program
- Awards: 20 winners receive grants valued at $25,000 each.
- Package: $18,000 cash, a three-year premium HoneyBook membership, business support, and workshops.
- Application Deadline: July 16, 2024.
- Announcement: Winners will be announced the week of August 5, 2024.
3. DoorDash and Hello Alice Natural Disaster Grant
- Awards: $10,000 grants for small businesses affected by natural disasters.
- Eligibility: Brick-and-mortar location, three or fewer locations, $3 million or less in revenue per location, fewer than 50 employees per location.
- Application Deadline: September 3, 2024.
- Announcement: Recipients will be announced in September.
4. LegalZoom Small Business Grants
- Awards: $10,000 grants or up to $500 in LegalZoom products and services.
- Eligibility: Small businesses in operation for at least three months.
- Announcement: Winners will be announced on social media.
5. SBA Women’s Business Centers Grants
- Purpose: Expand training facilities for women-owned small businesses.
- Eligibility: Nonprofit organizations with 501(c)(3) status providing entrepreneurial development services to women, especially in disadvantaged areas.
Additional Resources
Entrepreneurs and business owners can also explore other grant opportunities and types of training and technical assistance available throughout 2024.
Don’t Forget: SBA Working Capital Loans
In addition to these grants, the Small Business Administration (SBA) offers the 7(a) Working Capital Pilot Program. This program provides flexible, asset-based working capital loans to help small businesses manage cash flow and support both domestic and international sales. It’s a valuable resource for businesses looking to fund individual projects or orders and enhance supply chain resiliency.
For more information on these opportunities, visit www.bizjournals.com/buffalo/news/2024/07/01/small-business-grants-july-2024-sba-doordash.html.
Carley Martha
CPA/CFE/CFO Pathfinder