It’s only fair that you have access to the funds you need for your creative new startup. Fortunately, there is an excellent way you can get much more funding for your business startup. You can apply for some amazing funding grants. The following are some grants that can help you skyrocket your startup to the next level.
The Amber Grant
The Amber Grant might be the perfect grant for your startup. The grant was created in honor of a young woman who passed away before she had a chance to live out her business dreams. The foundation wants to give other women the opportunity to live their dreams. You may qualify to receive it if you are a female in the United States with a startup idea. The Amber Grant Foundation awards $10,000 to a winner every month. Furthermore, there is a new opportunity to get a $25,000 grant at the end of the year. The application process is very simple. Applicants are told to speak from their hearts as opposed to trying to sound corporate. There is a $15 fee to apply for the grant.
Minority Business Development Agency (MBDA)
You may benefit from the MBDA grant if you are a minority in the US with an idea for a new business. This grant can help you start or grow an amazing company so that you can be a successful force in your community. To apply for the grant, you must register your business with SAM and apply for a DUNN number. You must also read materials about the grant and attend a teleconference about it, as well.
The EDA is a division of the Department of Commerce. You can find an array of grants by visiting their site and finding out what you need to do to apply for one. You don’t have to be a minority or a female to qualify for such grants. You just have to be someone who has a vision and needs a way to make it manifest. You can be a business owner or a single entrepreneur. You can still be eligible for one of these grants.
Girlboss Foundation Grant
The Girlboss Foundation Grant is another grant that’s geared toward females. The foundation has been awarding grants to women with business and startup ideas since 2014. They have already awarded more than $130,000 in grants since they’ve started issuing them. Winners of the grant will receive $15,000 for their project startups as well as a feature page on the GirlBoss website and newsletter. They issue the grants twice each year, and the application process is fairly simple. Visit the site to find out what you need to do to apply and go for it if you’re a girl boss.
Street Shares Foundation Grant
The Veteran Small Business Award might be perfect for you if you’re a veteran. The Street Shares Foundation has been offering the grant since 2016 as a way to help veterans who have great ideas but lack support. The foundation picks three winners for the grants. The third-place winner receives $4,000. The second-place winner receives $6,000, and the first-place winner receives $15,000. The application process for this grant is a little more involved than the other ones. Applicants need to complete a full application. They also need to submit a video that pitches their idea and tells their story. Evaluators will then review the videos and stories and select the winners.
We also wanted to give a few honorable mentions of other organizations you can go to if you’d like to seek funding. IdeaCafe issues business grants for people with small business ideas. There are also various governmental grants for all types of business owners. You have a surplus of options at your feet. You only need to tell the right story to one entity, and you could be well on your way to receiving grant money for your startup. Keep the faith and keep trying once you start. Alternatively, you can learn ways to make extra money to fund your grant. Either way, you’ll get what you need.
Make Your Startup Fly Today
Consider applying for some of the above-mentioned grants to fund your startup. Grants are wonderful because you don’t have to pay them back. Therefore, if you qualify, you can truly make your business rise.