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Small business grants are one of the most attractive financing options for business owners since they don’t need to be repaid and don’t require companies to take on debt. But grant programs ...
A fifth are minority or women-owned businesses. Historically a quarter of the companies receiving grants are receiving them for the first time. [1] In April 2021, the DoD reported on a lack of due diligence for SBIR recipients, which permitted funds to go toward companies linked to the People's Liberation Army. [2]
Bankrate insight. SBA loans can be an affordable type of debt financing for startups. So far, in fiscal year 2024, SBA-approved lenders have approved $3.4 billion in SBA 7(a) loans for startups ...
Government grants: Some government agencies provide seed funding for startups working on specific projects or in specific industries. Corporate ventures : Some big companies set up venture arms to provide seed funding to startups in their industry or complementary field.
Mar. 11—Three Santa Fe technology companies have each received more than $1 million in federal Small Business Innovation Research grants to enhance development of climate-related technology.
Founded in 2011, Arch Grants started as an initiative to bolster the St. Louis economy by supporting startups with potential for high growth. As of January, 2024, Arch Grants has funded 252 companies that have generated $742.5 million in revenue, attracted $696.3 million in additional capital, and created over 3,500 net new jobs for St. Louis. [3]
Techstars is a global startup accelerator and venture capital firm founded in 2006 and headquartered in New York City. The accelerator provides capital, mentorship, and other support for early-stage entrepreneurs. As of January 2024, it had been used to launch roughly 4,100 companies with a combined market capitalization of over $116 Billion ...
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