Small Business Grants Kentucky

Small Business Grants Kentucky – Overview

Small Business Grants Kentucky – Kentucky has more than 364,200 small businesses.

Among all businesses registered in the state, most fall under small businesses.

Small businesses also face difficulty paying salaries to their staff.

Some businesses have come to the verge of closing down as they cannot pay the staff salaries.

If you, too, own a small business in Kentucky, find it difficult to pay wages, and cannot purchase the required infrastructure, read this post.

You can apply for small business grants, which are both government and privately funded, to help small businesses overcome the ill effects of the pandemic.

Small Business Grant – What is it?

These small business grants have not come easy, as your business needs to fulfill the criteria listed by the grant giver. Many people apply for these small business grants, and a few are lucky enough to get them.

The best part of small business grants is that you don’t have to repay the amount received. Your credit score remains intact, and you don’t have to worry about returning the funds.

Small Business Grants – Have a Look at Available Options

1. Amber Grant for Women

Amber Grant for Women is a special business grant available only to women entrepreneurs. Businesswomen from Kentucky and even around America are eligible to apply for Amber.

Each month, a team of WomensNet Judges chooses one or more applicants from the list to award them a $10,000 business grant.

The Amber Grant for Women awards a $10,000 grant monthly and an additional $25,000 grant annually to one of the monthly winners.

To get the Amber Grant for your business, you need to tell your story to them and answer a few questions about your business.

For more information, you can visit https://ambergrantsforwomen.com/business-grants-women-kentucky/

2. Brookfield Properties’ Partner to Empower Program

Brookfield Properties’ Partner to Empower Program supports Black and minority-owned businesses.

It promises to invest $25 million through 2025 to help Black and Minority business owners open brick-and-mortar stores in malls by providing them with:

Planning and Guidance for opening a store

Funding for the construction of stores

A four-week retail workshop led by industry experts

Networking opportunities and resources

To get more information on Brookfield Properties’ Partner to Empower Program, you can visit https://www.brookfieldproperties.com/en/our-businesses/

3. Nav’s Small Business Grant

Another small company grant option is Nav’s Small Business Grant, designed to help enterprises support their research and development efforts.

Nav’s Small Business Grant process includes registration and participation in social media-based activities for eligibility and voting.

After filling out the form, you must write a post on your business’s Facebook, Instagram, or LinkedIn account with your unique voting link.

You can also write about your business in a Facebook or LinkedIn post and how you will use the money.

This is not all you must do to get Nav’s Small Business Grant. For more details, you can browse https://www.nav.com/business-grant-contest/.

4. Growth Grants by the National Association for the Self-Employed (NASE)

The National Association for the Self-Employed (NASE) Growth Grants program offers up to $4,000 to its members for specific business needs.

It has given small business grants since 2006 and awarded over $1,000,000 to members.

To apply for the grant, you must become a member of NASE to be eligible for the business grant.

Different membership options exist; you can choose one depending on your requirements.

The grant could be used for advertising, hiring new staff, growth facilities, marketing, purchasing goods, and other related business requirements.

The business grant applications are reviewed quarterly, meaning one can get this small business grant once in 90 days.

To know more about this small business grant and its eligibility, visit https://www.nase.org/become-a-member/member-benefits/business-resources/growth-grants.

Final Words:

The given post lists grants and programs to support your small business.

You can find additional information about each grant type by clicking the link at the end of each description.

Grants for Medical