Small business grant programs are increasingly diverse, with various local governments and organizations offering funding to support businesses in multiple ways. Some programs provide direct funds, while others focus on financing specific training or assistance initiatives. Several grant opportunities are currently open for application. Below is a summary of the latest available grants.
Frederick Small Business Grants
Frederick, Maryland is launching a grant program aimed at supporting minority and women-owned small businesses. A total of $400,000 is available to both startup and established businesses. To qualify, applicants must be registered, for-profit entities with a maximum of 25 full-time employees. Grants can be requested for defined projects such as renovations or marketing campaigns, with eligible businesses able to request up to $40,000.
York County 2024 BLOOM Grant Program
The application period for York County, Pennsylvania’s 2024 BLOOM Grant Program is now open. The initiative, run by the BLOOM Business Empowerment Center alongside local economic partners, will award grants ranging from $500 to $1,500. Funds must be allocated for specific purposes, such as physical improvements or employee training programs. The application deadline is August 27.
Central UP Hub Direct Grant Program
The Central Upper Peninsula Small Business Support Hub in Michigan is unveiling a new grant program for small businesses in the Upper Peninsula. This initiative, supported by state grant funds and officially launched last year, will distribute more than $400,000 in direct grants to businesses utilizing the Hub’s services. Eligible businesses must have fewer than 500 employees and be located within the service area. Applications will be accepted through 2026.
Native American-Owned Business Grants
The U.S. Small Business Administration has introduced a new grant opportunity designed specifically for Native American-owned businesses. Grants of up to $240,000 are available for organizations on or near Tribal lands that support business development or expansion. The application deadline for this funding is July 31.
TD Ready Challenge Grant Program
TD Bank Group is now accepting applications for its annual TD Ready Challenge grant program, which provides funding to charitable organizations that assist underserved small business owners. This year, ten grants will be awarded to innovative service providers across the U.S. and Canada, particularly those helping businesses that continue to struggle in a post-pandemic environment. The application window is open until September 5.
Small Business Accelerators and Boost Camp Programs
A new expansion of small business accelerators and Boost Camp programs is underway, offering skill-building and grant opportunities to small business owners nationwide. These programs will supply training and resources to facilitate business growth, helping entrepreneurs accelerate their success.
