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Grants – Grants or "non-repayable contributions" are the funding that does not need to be paid back.; Loans – Loans may be low- or no-interest contributions. Financing methods and repayment requirements vary from conventional loan arrangements to situations in which the business fronts the costs, submits the costs to the agency, receives reimbursement for all or a portion of the costs, and ...
The Canada Emergency Business Account (CEBA; French: Compte d'urgence pour les entreprises canadiennes) provides emergency interest-free loans to small businesses and nonprofit organizations during the COVID-19 pandemic. [47] The aim of this program is to ensure that these businesses have access to sufficient capital to remain solvent during ...
A block grant is a grant-in-aid of a specified amount from a larger government to a smaller regional government body. Block grants have less oversight from the larger government and provide flexibility to each subsidiary government body in terms of designing and implementing programs.
The Community Services Block Grant (CSBG) provides federal funding for Community Action Agencies (CAAs) and other programs that seek to address poverty at the community level. Like other block grants, CSBG funds are allocated to the states and other jurisdictions (including tribes, the District of Columbia, the Commonwealth of Puerto Rico, and ...
Overall, the federal government has a goal to award 23% of contracts to small businesses. In fiscal 2023, 28.4% of contracts were awarded to small businesses, amounting to $178.6 billion.
Small business aggregator Skip offers monthly grants for U.S.-based small business owners and entrepreneurs; grants are typically set at $1,000, though the exact amount varies by Skip’s monthly ...
This is often called the "Small Cities" program, because it includes many small cities and rural counties. [21] Other programs include the CDBG Insular Area Program (for American Samoa, Guam, the Northern Mariana Islands, and the U.S. Virgin Islands), the CDBG Program Colonias Set-Aside, and the Neighborhood Stabilization Program.
Four times each year, the National Association for the Self-Employed (NASE) offers business grants of up to $4,000 to small business owners through its Growth Grants program. Funds can be used for ...