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I say “for the most part” because government grants for smallbusinesses do exist, but the opportunity to secure one is limited to a narrow field of candidates. Here’s what you need to know about government grants for smallbusinesses, who is eligible to receive them, and how to go about getting them.
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Nevertheless, a number of portfolio companies have asked us our thoughts on access to government finance sources, so we wanted to write a summary of options we think helpful. o NYSTAR’s Funding Opportunity Newsletter. o New York Grant Watch.
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– Consider a separate loan program for very smallbusinesses (fewer than 10 or 20 employees) that’s based on a revenue formula and so long as they use the funds for current expenses (i.e., Expand the Existing SBIR Programs. – Rapidly execute new SBIR awards. Expand the SBA Microloan Program .
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