Additional financing can be beneficial for small businesses at any time of the year. However, the holiday season often comes with extra expenses, and tax season is just around the corner. So small business grants can be very useful at the start of the new year.
Local Small Business Grant Opportunities to Start 2022
Here are some opportunities to consider in 2022.
Albany New Small Business Grant Funding
The city of New Albany, Indiana, recently approved a new round of small business grant funding. The city has already helped more than 43 local businesses with thousands of dollars in COVID-19 relief money. But this second round of funding offers grants of up to $10,000, which companies affected by the pandemic can use to cover working capital. Small businesses with up to 100 employees that are physically located within New Albany are eligible. Businesses must submit an application and explain how they are affected by the COVID-19 pandemic before January 31.
Gurnee Small Business Capital Investment Scholarship Program
The Village of Gurnee, Illinois launched its Small Business Grant Program last month. The program includes $250,000 in total funding, with up to $10,000 for each eligible company. To date, the scholarship program has attracted 17 eligible applicants. So nearly half of the $250,000 was allocated. Grants can be used to improve business facilities. Each company must provide at least half of the capital for each project. So the scholarship can be used as matching funds.
Colony Local Development Grants
The Colonie Local Development Corporation of New York recently unveiled a new grant program with $100,000 in funding. The funds are earmarked for small businesses with ten or fewer employees and two or fewer locations that have experienced financial hardship due to the pandemic. Grants can be up to $5,000. Beneficiaries can use the funds to cover additional expenses or losses associated with the pandemic.
Glynn County Small Business Recovery Scholarship
Small businesses in Glenn County, Georgia can apply for a new grant program to help recover from the effects of the pandemic. Funding for the grant program comes from the US Bailout Act. Eligible businesses must be able to prove their losses due to the pandemic – and proof of payment is required for those applying for reimbursement. The funds can be used for operating expenses such as salaries and rent, but not for new capital projects. Interested businesses within the province can apply online until January 31. l
KCK Small Business Resilience Scholarship Program
Wyandotte County and Kansas City, Kansas recently announced the KCK Small Business Resilience Grant Program. The program offers grants ranging from $1,000 to $10,000 for companies with fewer than 25 employees. The amount depends on each company’s need and the corresponding qualified investment. Companies can use the money for almost any project that involves expansion or job creation. There are several funding rounds available, with deadlines on April 1 and August 1.
Brooklyn Small Business Scholarship Program
The Brooklyn Chamber of Commerce teamed up with Cross River Bank to create a $200,000 fund for small business programs. It’s specifically designed to help small businesses and startups in Brooklyn, with women and minority business owners prioritized. Each eligible company can apply for a grant of $5,000, which can be used for a variety of business expenses.