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Take a moment and briefly visualize that you are back in your last season of high school frantically preparing for college. 

Where this ‘new’ and ‘exciting’ phase of your life curbs your enthusiasm and instead blinds you with it’s high price tag.

As I recall back to this point of my life, I distinctly remember a select few individuals who often encouraged me to take advantage of scholarship and grant opportunities. 

Fast forward some odd years later, and this rule still applies to business. 

Just like college, there are a lot of expenses associated with running a business; fortunately, there are many places you can find free money – you just need to know where to look. 

We are here to tell you of some grant opportunities you can take advantage of early this year.

Small Business Grants Opportunities 

Here are some opportunities to consider in 2022.

New Albany Small Business Grant Funding

The City of New Albany, Indiana recently approved a second round of Small Business Grant Funding. The city has already helped more than 43 local businesses with thousands of dollars in COVID-19 relief funds. 

This second round of funding offers grants of up to $10,000, which pandemic-affected businesses can use to cover working capital. 

Who is Eligible?

Businesses with up to 100 employees that are physically located within New Albany. Businesses must submit an application and explain how they’ve been affected by the COVID-19 pandemic before January 31.

Glynn County Small Business Recovery Grant

Small businesses in Glynn County, Georgia can apply for a new grant program for help recurring from the impacts of the pandemic. Funding for the grant program comes from the American Rescue Plan Act.

Eligible businesses must be able to demonstrate losses incurred due to the pandemic – proof of payment is also required for those applying for reimbursement. Funds can be used for operating expenses like payroll and rent, but not for new capital projects. Interested businesses within the county can apply online through Jan. 31. l

 

Gurnee Small Business Capital Investment Grant Program

The village of Gurnee, Illinois launched its small business grant program last month and includes $250,000 in total funding, with up to $10,000 to each qualified business. Grants can be used to improve business facilities. And each business must provide at least half of the capital for each project. So the grant can be used as matching funds.

Colonie Local Development Corporation Grants

The Colonie Local Development Corporation in New York recently announced a new grant program with $100,000 in funding. Grants can be worth up to $5,000 and recipients can use funds to cover extra expenses or pandemic-related losses.

Who is Eligible?

Small businesses with ten or fewer employees and two or fewer locations that have faced financial hardships due to the pandemic. 

 

KCK Small Business Resiliency Grant Program

Wyandotte County and Kansas City, Kansas recently announced the KCK Small Business Resiliency Grant Program. The program offers grants of between $1,000 and $10,000, where the amount depends on each business’s need and the qualified matching investment. 

Who is Eligible?

Businesses with fewer than 25 employees. Businesses can use funds for nearly any projects involving expansion or job creation. There are multiple rounds of funding available, with deadlines on April 1 and August 1.

 

Brooklyn Small Business Grant Program

The Brooklyn Chamber of Commerce and Cross River bank have partnered to create a $200,000 fund for small business programs. It’s specifically meant to help small businesses and startups in Brooklyn, with priority given to women and minority business owners. Each qualified business can apply for a $5,000 grant, which can be used for a variety of business expenses.

 

How Can I get the Grant and What Steps Must I Follow?

Whether your business has been hit hard by the Covid-19 pandemic or you are looking to take the next step in growing it this year, you can probably benefit from some extra funding.

Funding that is intended for your business.

While there are many opportunities for you to take advantage of, the application process may feel both overwhelming and intimidating- often convincing many business owners to disregard them entirely.

Our business experts at MCDA CCG strongly encourage you to not pass on a grant if you feel that you are eligible.

If you are wondering whether or not you are eligible for a particular grant or are interested in finding others relevant to you, reach out to one of our team members and we can guide you through the entire process. Don’t wait for these start of the year grants to disappear, call our office, send us an email, or message us on our social media channels today!

Check out some other resources to kick this year off right…

Business Insurance: Things To Consider for Your Startup in 2022

Be Prepared To Tackle Your Career Goals in 2022

Top 5 ERP Trends To Watch For In The Year 2022

Do’s And Don’ts: Business Budgeting Tips For 2022

 

 

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