How to Apply for a Small Business Grant

Resources for Small Businesses

Beyond grants, small businesses can access loans, lean on support from associations and small business networks and take advantage of online resources like those provided by the U.S. Internal Revenue Service.

While many of the additional resources made available to small business owners during the coronavirus pandemic in 2020 have since expired or ceased accepting applications, Hall says there is a renewed interest in supporting small businesses as they continue to rebuild and navigate today’s economic challenges. “It’s like being sick for two years. There are still lingering effects from that. 

There were many small businesses that didn’t survive, and for those that did, we still have some symptoms to get over,” Hall says. “Now, we’re seeing a lot of expansion in organizations looking to continue support. 

Our grant program has basically doubled since pre-pandemic times, and that doesn’t include any PPP or government programs.” Often chief among those challenges facing small business owners is the nation’s recent bout of high inflation. “The impact on small business is if nothing else it’s a drain on optimism, and that’s dramatic because small businesses are thinking about the future, can I grow my product, can I grow my customer base,” Hall says. “As they see inflation fears, the costs of raw materials and even their personal expenses go up, it’s scary. 

In many cases, they may be more reluctant to take that next step, buy that next computer or open that next restaurant.” However, reaching out to sources of support, mentorship and funding can help small business owners navigate those challenge – and, Hall says, feel less isolated. 

This process takes time but can be part of a business owner’s regular routine. “It is so easy when you’re a self-employed business owner to feel you’re out there on your own. You’re CEO, head of marketing, you’re there at night cleaning up,” Hall says. “But there are experts and people who are giving back as part of their careers to help other small businesses grow.”

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