Financial Assistance Offered for Businesses Impacted by Construction and Adverse Weather Conditions
In the spirit of fostering growth and resilience among small businesses, various grant programs are available across the nation. This article provides an overview of both national and local grant programs that could potentially provide much-needed financial support for businesses.
**National Programs**
1. Verizon Small Business Grant: Offering a grant of $10,000, this program is accessible to entrepreneurs who have registered through Verizon's Digital Ready program and completed at least two courses, live coaching sessions, or community events. The application deadline is June 30, 2025.
2. U.S. Chamber of Commerce CO-100: This program awards $25,000 to the top business and $2,000 to ten additional businesses. To be eligible, businesses must have been in operation for at least a year. The application deadline is July 7, 2025.
3. Breva Thrive Grant: Eligible businesses can apply for a $5,000 grant during the application period from July 1 to July 31, 2025. To qualify, businesses must have been in operation for at least a year, generate revenue, and impact the community.
4. Backing Small Businesses Grant Program: This program offers grants ranging from $1,000 to $10,000, with Enhancement Grants of up to $30,000. Local significant small businesses with community reach are encouraged to apply by July 31, 2025.
5. The Freed Fellowship Grant: This program provides monthly $500 grants and an end-of-year grant of $2,500 to U.S.-based small business owners. Applicants are evaluated based on the 5C Framework.
6. Hustler's MicroGrant: Passionate entrepreneurs can apply for a $1,000 grant on a monthly basis.
7. Secretsos Small Business Grant: Business owners aged 21 or older, operating in eligible U.S. states, can apply for a $2,500 grant. The application deadline is September 30, 2025.
**Local and State Programs**
1. Community Development Block Grants (CDBG): These grants are available in various cities, such as Bremerton, Washington, which receives federal funding for community development projects.
2. State-Specific Programs: Many states offer their own small business grant programs, often focusing on specific industries or community development. For more information, visit state government websites or local business development offices.
**City-Specific Grant Programs**
- Las Cruces, New Mexico, is providing grants of $2,500 to help businesses repair storefront damage, with a deadline to utilize funds set for 2026. - In Wisconsin, businesses affected by the weather events of March 14 can apply for grants of up to $5,000 to cover various expenses needed to resume business operations. The deadline to apply is April 15. - Hancock County, Mississippi, announced a $75,000 grant program to support local business owners. Eligible businesses can apply for grants between $5,000 and $10,000 dollars to help with the overall cost. The deadline to apply is also April 15. - The Phoenix Small Business Financial Assistance Program, offered by the city of Phoenix and Valley Metro, provides grants to local businesses affected by light rail construction projects. - The Ohio Chamber of Commerce Research Foundation is working on a program to provide grants to small businesses in Logan County, Ohio, affected by recent tornadoes and severe weather. - Wisconsin Red Letter Grants have expanded their program to include entrepreneurs from Barron, Burnett, Polk, Price, Rusk, Sawyer, Taylor, and Washburn counties.
Business owners are encouraged to research local grant programs and visit websites like GrantWatch for more detailed information on specific city or state programs. It's always a good idea to check with local government websites or organizations for the most accurate and up-to-date information.
- For personal finance management and small business growth, entrepreneurial individuals can consider programs such as The Freed Fellowship Grant that offer monthly grants of $500 and an end-of-year grant of $2,500 to small business owners in the U.S.
- Small-business owners impacting the community can apply for the Breva Thrive Grant, which offers a $5,000 grant during the application period from July 1 to July 31, 2025.
- In the realm of personal finance, small-business owners may find financial support from local grant programs, such as the one offered by Hancock County, Mississippi, which provides grants between $5,000 and $10,000 to help support local business owners.
