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SBA


U.S. Small Business Administration

What documents do you need?

Have these documents in order to have a high success rate.

 

  1. Business Plan (Not required but would help)
    A detailed business plan outlining your company’s mission, objectives, target market, business model, financial projections, and how you plan to use the grant money. This is often required to demonstrate how you will manage and use the grant effectively.
  2. Tax Identification Number (TIN)
    A TIN, Employer Identification Number (EIN), or Social Security Number (SSN) is often required to verify your business’s legal identity and tax status.
  3. Business Registration Documents
    Proof that your business is properly registered with the relevant local, state, or federal authorities. This might include:
    • Articles of Incorporation (for corporations)
    • LLC Operating Agreement (for LLCs)
    • Business licenses
    • Fictitious Business Name Registration


        4.    Financial Statements (Not required but would help)
              To demonstrate financial health and stability, you may need to provide:

  • Income statement (profit and loss statement)
  • Balance sheet
  • Cash flow statement
  • Tax returns for the past few years

       5.   Proof of Business Activity
            Some grants may ask for evidence that your business is operational, such as:

  • Bank statements
  • Customer contracts or invoices
  • Sales reports

     6.  Project or Program Description
               A clear description of the specific project or initiative for which you are requesting the grant. This                includes goals, expected outcomes, and a budget breakdown.

  1. Market Research (Not required but would help)
    Some grants, particularly those for research or development, might require market research data to support your business’s approach, such as industry reports, competitor analysis, or customer surveys.
  2. Personal Financial Information
    For certain grants, especially for smaller or new businesses, you may need to provide personal financial information (e.g., personal tax returns, credit score) of the business owner or primary stakeholders.
  3. Proof of Eligibility
    Some grants are specific to certain types of businesses (e.g., women-owned, minority-owned, veteran-owned, or those in certain industries). You may need to provide:
    • Proof of minority or women-owned status (e.g., certification from the Women’s Business Enterprise National Council)
    • Veteran status (e.g., DD-214 for veterans)

  1. Grant-Specific Forms
    Some grant providers have specific forms or templates that you need to fill out and submit along with your application. Make sure to download and complete these forms from the official website of the grant program.
  2. Letters of Support or Recommendation (Not required but would help)
    Some grants may require letters of support from business partners, customers, or local community leaders to demonstrate your business’s credibility and impact.
  3. Budget or Financial Plan for Grant Funds
    A detailed breakdown of how you plan to spend the grant funds, showing exactly where the money will go (e.g., marketing, equipment, personnel). This is typically needed to ensure the grant is used as intended.
  4. Legal Documents
    Some grant applications may require legal documents to show compliance with business regulations, such as:

  • Nonprofit status (for nonprofit organizations)
  • Insurance documents
  • Intellectual property filings (patents, trademarks, etc.)

  1. Certification of Good Standing
    Proof that your business is in compliance with any required state and federal regulations (e.g., no unpaid taxes or fines).
  2. Timeline (Not required but would help)
    A projected timeline for completing the funded project, showing milestones and expected completion dates.

What are SBA Loans for Startups?

 

SBA loans for startups offer financing options supported by the U.S. Small Business Administration. These loans provide access to capital through partner lenders, who receive SBA guarantees to reduce risk. 


Types of SBA loans

7(a) loans

7(a) loans

7(a) loans

 SBA's primary program for providing long-term financing for a variety of purposes. 7(a) loans are delivered by SBA 7(a) lenders. 

Learn More

504 loans

7(a) loans

7(a) loans

 Long-term, fixed-rate financing available through mission-oriented, community-based SBA Certified Development Companies. 

Learn More

Microloans

7(a) loans

Microloans

 Loans of $50,000 or less to help businesses and certain non-profit childcare centers. Microloans are provided by intermediary lenders. 

Learn More

Grants for Women owned Businesses

Amber Grant

EmpowHer Grants

StartHer Grant

 Awards $10,000 to three female business owners each month, with an additional $25,000 awarded to one winner at the end of the year 

Apply

StartHer Grant

EmpowHer Grants

StartHer Grant

 The CWE’s StartHER Grant Program supports women-owned startups in launching new initiatives and driving early-stage growth through innovative projects. 

APPLY

Galaxy Grany

EmpowHer Grants

EmpowHer Grants

 This grant program, which is presented by Hidden Star, a nonprofit organization, is open to women and minority small business owners. Winners can receive a grant of $2,750. 

APPLY

EmpowHer Grants

EmpowHer Grants

EmpowHer Grants

 Applicants may request up to $25,000 in business support. Grant funding is remitted as reimbursement for business-related expenses. Applications must include business plans and detailed budgets. 

Apply

Business Grants for All Startups

Goldman Sachs

Rural Business Development Grants

Rural Business Development Grants

  Goldman Sachs 10,000 Small Businesses is an investment in the growth of small businesses. Help entrepreneurs create jobs and economic opportunity by providing access to education, capital and support services. 

Apply

Rural Business Development Grants

Rural Business Development Grants

Rural Business Development Grants

  business opportunity grants and business enterprise grants, for use in funding various business and
community projects that serve rural areas.  

APPLY

MBDA Grant

Rural Business Development Grants

NASE Growth Grants Program

 MBDA helps organizations run MBDA Business Centers across the country, providing services like business advice, help finding contracts, and financial support to minority business enterprises. 

APPLY

NASE Growth Grants Program

Rural Business Development Grants

NASE Growth Grants Program

 The NASE Growth Grants® $4000 program offers access to capital for micro-business owners who have a specific business need, but lack the finances to carry out that goal. 

Apply

List of Business Grants

MyGovPal grants (pdf)

Download

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