Finding funding for your small business can be a challenge, but grants offer a fantastic opportunity to secure financial support without the burden of repayment. From government agencies to private organisations, there are numerous grants available specifically designed to help small businesses grow, innovate, and succeed.
Here’s an updated list of 10 essential grants for small businesses in 2025:
1. FedEx Small Business Grant Contest
The FedEx Small Business Grant Contest awards funding to small businesses to help them expand and scale their operations. Winners receive financial grants as well as marketing and business resources to take their ventures to the next level. Applications typically open early in the year, so mark your calendar!
2. Grants.gov
This federal website is the go-to resource for small business owners searching for government grants. It offers access to over 2,500 grant programs from agencies like the Department of Commerce, Department of Defense, and the EPA. It’s especially useful for businesses in tech, research, and innovation sectors.
3. America’s Seed Fund (SBIR/STTR)
Managed by the Small Business Administration (SBA), America’s Seed Fund provides non-dilutive funding to small businesses working on groundbreaking technologies. Over $4 billion is awarded annually across various industries, including health tech, software, and aerospace.
4. National Association for the Self-Employed (NASE) Growth Grants
The NASE provides grants up to $4,000 to help small businesses with specific growth needs, such as purchasing new equipment, hiring staff, or implementing marketing campaigns. Membership in the NASE is required to apply.
5. Minority Business Development Agency (MBDA) Grants
For minority-owned small businesses, MBDA grants offer funding and resources to help businesses expand into new markets, secure capital, or establish strategic partnerships. Business Development Centers are located nationwide, providing hands-on support.
6. Amber Grant for Women
Created to support women entrepreneurs, the Amber Grant awards $10,000 each month to a woman-owned business. At the end of the year, one recipient is awarded an additional $25,000 grant to help scale their business.
7. Environmental Protection Agency (EPA) Grants
Small businesses focused on environmental and human health innovations can apply for EPA grants. These funds often support projects in clean energy, waste reduction, and water quality improvement.
8. State-Specific Grant Programs
Many states offer tailored grants to support small businesses. Here are a few examples:
- California Small Business Grants: Ideal for businesses in technology, agriculture, and environmental sectors.
- Texas Small Business Grants: Resources and funding for Texas-based companies.
- New York Recovery Grants: Focused on pandemic recovery, New York provides funding for restaurants, theatres, and other impacted industries.
9. Comcast RISE Investment Fund
This program offers grants to small businesses owned by people of color, focusing on marketing support, business consultation, and technology upgrades. Applications are competitive, so a compelling story is key.
10. U.S. Department of Agriculture (USDA) Grants
For small businesses in rural areas, the USDA offers grants for agriculture-based ventures and food service businesses. Programs are tailored to foster economic growth in underserved regions.
Why You Should Apply for Grants in 2025
Grants are an invaluable tool for small businesses to access funding without taking on debt or giving up equity. Many of these opportunities are annual, so planning ahead and applying early can maximise your chances of success.
Pro Tip: Always tailor your application to the grant’s specific goals and include measurable outcomes for your business. Highlight how the funding will create a tangible impact.
Final Thoughts
Securing funding can transform your small business, enabling you to innovate, grow, and overcome challenges. Whether through government programs or private organisations, there are numerous opportunities to explore in 2025. Start your grant search now, and you could be the next small business success story!