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Grants for Business Launch and Growth
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As a service for our small business clients, the Pace SBDC keeps a running list of grants that provide financing to entrepreneurs looking to grow or expand their small businesses. If you're looking for COVID-19 relief related grants, check out our Privately-Funded COVID-19 Grant Programs and Government-Funded COVID-19 Grant Programs pages.

Privately-Funded Growth & Launch Grants

This BPL Competition provides Brooklyn-based startup entrepreneurs with the opportunity to win seed money. Grant awards include $20,000 for the first place winner, $10,000 for the second place, $5,000 for third place, and five $1,000 awards based on merit and audience choice.

 

To be eligible, businesses must operate in Brooklyn, have a Brooklyn Public Library Card, meet with a business advisor (the Pace SBDC can serve in this role), and attend a minimum of 3 PowerUP! webinar classes. Further, all businesses must have been in operation for less than one year and have earned less than $10,000. Interested applicants must register for an orientation.

Deadline: 04/30/2024

The American Dream Awards, presented by Hello Alice, is an opportunity for small businesses that epitomize the modern American Dream through their innovative solutions, outstanding community contributions, and commitment to sustainable business practices. With various categories, these prestigious awards are available to all for-profit businesses operating in the United States. Recipients will receive a package that comprises $1,000 in funding, access to a small business accelerator, media coverage, and various other perks! 

Deadline: 04/30/2024

The Grow-NY competition attracts innovative, high-growth food and agriculture startups from across the globe and engages them in the region’s rapidly growing startup ecosystem.

To be eligible, applicants must be an established business entity in the food, beverage, and/or agriculture space. 

Deadline: 05/15/2024

1010 WINS and Dime Community Bank – New York’s Premier Bank for Business – want to award you $10K to rebuild, relaunch or expand your business.

Deadline: 05/12/2024

With Mastercard prizing, four black women owned businesses have the opportunity to receive up to $20,000 in grants to go towards business growth along with digital tools to help them grow their business online, and mentorship so they can continue to bolster their business

 

Deadline: TBD

In this Pitch Program, woman-owned businesses with at least 51% Black/Brown women founders have the opportunity to compete for up to $10k to help accelerate their businesses.

Deadline: 10/9/24

Public Sector Grant Programs
New York State has launched a Pre-Seed and Seed Matching Fund Program which will offer early-stage start-up companies in high-growth industries $50,000 to $250,000 in growth assistance, which they will match with funds from private sector co-investors. 
The Global NY State Trade Expansion Program (STEP) offers reimbursable grants of up to $5,000 to qualifying small and medium-sized business engaging in exporting for expenses related to participation in trade missions, trade shows exhibitions, export training, website translation, and development of international marketing campaigns.
As of 1/25/24 all STEP funding has been allocated. Any applications submitted on or after 1/25/24 will be accepted and put on a waiting list. If funds become available, companies from the waiting list will be notified.
The Global NY Grant Program offers reimbursable grants of up to $25,000 to help companies customize for export markets, participate in trade shows, and undertake product adaptation to meet foreign regulatory requirements. The fund is currently paused
SBIR/STTR programs support scientific excellence and technological innovation through the investment of Federal research funds in critical American priorities to build a strong national economy.
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