Grants Aid Struggling Business Owners Over the Festive Period
Small businesses in several parts of the United States have the opportunity to apply for various grant programs that can help boost their operations and growth. Here's a roundup of some of the current grant opportunities available:
- Snow Hill Chamber of Commerce Grant The Snow Hill Chamber of Commerce in Maryland is offering a grant of $25,000 in total funds, raised through its yearly Oyster Roast and Seafood Festival. The Snow Hill Small Business Grant aims to support local businesses, promote economic growth, and help attract and retain customers within the community.
- Alaska International Trade Assistance Grant Funded by the US Small Business Administration's State Trade Expansion Program (STEP), this grant offers reimbursements for eligible expenses related to international trade activities. The grant provides reimbursements of up to 75% of eligible expenses, with grant amounts ranging from $1,000 to $10,000. The deadline for applications and completing eligible activities is September 29, 2024.
- United Way Prosperi-Key Grants The United Way in the Greater Dayton Area is providing one-year grants worth $1,500 to 20 small businesses to advertise on their Prosperi-Key platform. To be eligible, businesses must commit to a two-year participation on the Prosperi-Key platform and have no more than 500 employees and an annual revenue of less than $1 million.
- SBA's STEP Funding The SBA gives a two-year window to use all the STEP funds, with the funding from STEP being available until September 29, 2025. The exact details about the deadline and administering organization for the Alaska International Trade Assistance Grants are not explicitly named, but they are typically administered by state economic development agencies or the SBA itself.
- Federal Home Loan Bank of Chicago Grants The Federal Home Loan Bank of Chicago distributed $4.3 million in grants to 172 small businesses in Illinois and Wisconsin, with each recipient receiving $25,000 as part of the Community First Accelerate Grants for Small Business program.
- Merchants Commercial Bank Small Business Recovery Grant Merchants Commercial Bank awarded $10,000 each to B. Kraft Cooks, Alliance Point Charter LLC, Global Marine LLC, Island Green Building Association Inc., and My Brother's Workshop.
- Fifth Third Bank Employee Grant Program Fifth Third Bank awarded grants of $53,000 to Rey's Remodeling (Indianapolis), Delight Nails & Spa (Orlando), and RODI Italian (Loveland, Ohio).
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