By Debbie Gregory.
Looking for a business grant? Are you a Veteran Owned Small Business? There are quite a few grants out there that are offered by a variety of institutions. Grants are time sensitive and are open for a specific period and then they are no longer available. It does not make sense to list grants in this article because by the time you read this article, they may no longer be available. However, you certainly can find them!
This is a three part series on Business Grants for Veterans and Part 1 will detail a few good places to find grants and other financial assistance for your Veteran Owned Small Business. Please keep in mind that just because you don’t see a specific grant or site listed within this article, there are many other grants that you can locate by performing a comprehensive search with specific criteria that applies to you. It may take some energy, research and time to locate the right grants and financing options but consider it a treasure hunt that will always be worth it to your Veteran Owned Business.
The best place to begin your search for grants is the Federal Government’s database for small business grants at.Grants.gov. You should check the site often as grant opportunities begin and end frequently. Once you have found a grant (or two) that will work for your needs, you need to determine your next steps. Grants.gov provides a very clear and specific process for applying for grants. Below are some specific areas that will assist you on their website:
- Learn about grants: Their learning page includes a brief instructional video to help guide you.
- Check eligibility: This page will help you determine whether or not your business is eligible to apply for a federal grant.
- Search grants: You can search for grants by keyword, opportunity number, as well as other criteria.
- Register: If you find a grant you would like to apply for you will need to register for an account.
- Apply for a grant: The apply page includes helpful videos on how to use the system to properly apply for your chosen grant.
- Track your application: This page gives you the ability to keep an eye on how your application is progressing.
If you are looking specifically for Research and Development (R&D) grants from the Federal Government, there are two other programs that you may wish to consider:
- Small Business Innovation Research Program (SBIR): This program is focused mainly on technical innovation that specifically has the potential for commercialization.
- Small Business Technology Transfer Program (STTR): This program is very similar to SBIR but to qualify you need to collaborate with a research institution.
Even though Grants.gov is an outstanding resource to locate grants, the Federal Government is not the only place to look for grants for your Veteran Owned Small Business. Our next article in this series will cover specific state offered business grants that you should explore as well. Stay tuned!
