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GRANTS
GRANTS:

Grants are difficult to obtain and can have a variety of conditions attached. Many are not available to startup businesses. People also have a misconception that funds are available specifically for women and minority owned businesses. Also, the retail industry rarely has any grant opportunities.

Grants exist to help businesses that will have impact on the community as a whole. Impact on the community may come in the form of job creation, value added (agriculture benefits), or more revenue brought to the area in general — perhaps through a sector such as tourism. Now saying, “Well I will be creating a job for myself” doesn’t count or saying, “I will be bringing revenue in for my family” doesn’t count. Generally, money used for grants are public tax dollars; the state wants to see how your business, with the assistance of a grant, will impact as many residents as possible.

Yes, it is true you can find grant opportunities in some limited circumstances, such as when jobs are created, but you can’t rely on grants as a primary means to start or expand a business. Rather, in limited situations, grants can be pursued to help a business try something new or pursue a specific opportunity.
Read More

Grant Opportunities:
  • Federal Grants
  • Small Business Administration (SBA) Grants
  • NYS USDA Grants

Resources:
  • NYSBDC: Grants & Small Business Financing
  • SBA: Grants

Articles:
  • Business Grants: 9 Places to Find and Get Free Money (05/18/22)
  • Small-Business Grants: Where to Find Free Money (11/03/21)

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Empowering Entrepreneurship, Inspiring Success in Upstate, NY.

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Email: sbdc@sunyocc.edu
Phone: 315-498-6070

Onondaga Small Business Development Center. Partnership Program with the SBA, administered by the State University of New York. Funded in part through a Cooperative Agreement with the U.S. Small Business Administration. All opinions, conclusions or recommendations expressed are those of the author(s) and do not necessarily reflect the views of the SBA. All SBA funded programs are extended to the public on a nondiscriminatory basis. 
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  • SIGN-UP
  • Locations
    • Onondaga County >
      • Onondaga Community College
      • OCC North
      • Tech Garden
      • SSIC
    • Cayuga County
    • Cortland County
    • Madison County
    • Seneca County
  • Resources
    • Research Network
    • EntreSkills
    • BidLinx
    • MWBE
    • SEAP
    • Veterans
    • Financial Resources >
      • New York State Seed Funding Grant Program
      • IRS
      • Crowdfunding
      • Grants
      • The Shared Work Program
  • Training
    • SBDC Programs >
      • Fast Track Workshop
      • SEDCO Lending Program Webinar
      • Grow with Google
      • Free Webinars >
        • Demystifying Taxes
    • SBA Programs >
      • Learning Platform
      • T.H.R.I.V.E. Emerging Leaders Reimagined
      • Ascent
    • Additional Programs >
      • MWBE Training Webinar Series
      • Canva Design School
      • Amazon Small Business Academy
  • Blog
  • About
    • SBDC Services
    • SBDC Team
    • FAQ
  • Contact