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Startup business grants provide free funding to help small businesses grow without debt. Competition for small-business grants is fierce, however, and many awards require a minimum time in business — often at least six months.

In some cases, newer businesses or true startups may be able to access grant funding, but these options can be more difficult to find. Nevertheless, it can pay to know where to look for future financing.

Here are the best business startup grants, plus alternative funding sources to consider.

We’ll start with a brief questionnaire to better understand the unique needs of your business.

Once we uncover your personalized matches, our team will consult you on the process moving forward.

Government startup business grants and resources

Some government programs offer direct funding to startups looking for business grants, but those that don’t may point you in the right direction or help with applications.


Government agencies routinely post new grant opportunities on this centralized database. If you see an opportunity relevant to your business idea, you can check if startups are eligible. Many of these grants deal with scientific or pharmaceutical research, though, so they may not all be relevant to Main Street businesses.

State and local government grants

The federal government awards a variety of grant funding to other governments, like states or cities, or to nonprofit economic development organizations. Those entities then offer grants to local businesses. Plugging into your local startup ecosystem can help you stay on top of these opportunities. For example, New York state’s website offers a consolidated list of business grants and incubators organized by region

Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) programs

These federal grant programs are designed for businesses with innovative technology or scientific research ideas. Federal agencies list the types of research they’re hoping to fund, and if you think your idea qualifies, you can submit a proposal. Unsolicited proposals aren’t allowed.

Small Business Development Centers

These resource centers funded by the Small Business Administration offer business coaching, education, technical support and networking opportunities. They may also be able to help you apply for small-business grants, develop a business plan and level up your business in other ways.

Minority Business Development Agency Centers

The MBDA, which is part of the U.S. Department of Commerce, operates small-business support centers similar to SBDCs. The MBDA doesn’t give grants to startup businesses directly, but these centers can connect you with grant organizations, help you prepare applications and secure other types of business financing.

Startup business grants from private companies and nonprofits

Many corporations and large nonprofits, like the National Association for the Self-Employed, offer startup business grants or organize grant competitions. Some national opportunities include:

Fast Break for Small Business

This grant program is funded by LegalZoom, the NBA, WNBA and NBA G-League and administered by Accion Opportunity Fund. You can win a $10,000 business grant plus $500 worth of LegalZoom services.

To qualify, you have to be U.S.-based business with at least three months in business. If you have less than three months in operation or haven’t started your business yet, you can apply to receive a LegalZoom product of your choosing (up to $500).

Applications for the 2024 cycle are open until Sept. 13, 2024.

IFundWomen Universal Grant Application Database

IFundWomen partners with other corporations to administer business grants. The company generally focuses on small-business grants for women, but also offers startup grants, crowdfunding and coaching, among other resources.

You can fill out a universal application to receive automatic notifications when you’re eligible to apply for a grant.

Amber Grant for Women

WomensNet gives three $10,000 Amber Grants each month and three $25,000 grants annually. Although startups are eligible for all grants, one of the monthly $10,000 grants is specifically geared toward new businesses.

Filling out one application makes you eligible for all Amber Grants. To qualify, businesses must be at least 50% women-owned and based in the U.S. or Canada.

National Association for the Self-Employed Growth Grant

Join NASE, and you can apply for quarterly Growth Grant opportunities. There are no time-in-business requirements for these grants of up to $4,000, but you’ll need to provide details about how you plan to use the grant and how it will help your business grow.

Bizee’s Fresh Start Business Grant

If you plan to start a business — or have just launched a new endeavor, you may be able to get a $2,500 startup business grant from Bizee, formerly Incfile. Bizee’s Fresh Start Business Grant can be used to cover startup costs and also includes free formation services from the company.

To qualify, you’ll need to be at least 21 years old, a U.S. resident and planning to start or grow your business in a significant way. Applications require a sample business plan, as well as a two-minute video.

Bizee has not yet announced its next grant cycle, but updates will be posted to its website.

Venmo Small Business Grant

The annual Venmo Small Business Grant offers $10,000 grants to 20 business owners. This program also provides mentorship from industry leaders and the opportunity to be featured on Venmo’s social media pages.

To qualify, you need to have a U.S. Venmo business account in good standing. You also need to have fewer than 10 employees, less than $50,000 in annual sales and have sold $500 or more in goods and services at least three months before the start of the grant program.

Venmo announced winners for the 2023 grant cycle in October. You can receive the latest updates about the 2024 cycle through your Venmo business profile.

The Amplifier Grant

The Outrage is an activism organization that offers a $5,000 small-business grant to companies making a difference in their community. The Amplifier Grant is available on a seasonal basis; funding is awarded in January, April, July and October.

To qualify for this grant, you must be a business or organization actively working to make the U.S. a better place. The Outrage accepts applications from startups, grassroots organizations, and nonprofits, among other small businesses.

FedEx Small Business Grant Contest

This annual competition awards grants to small-business owners in a variety of industries. To be eligible, you’ll need to have been in business for at least six months, and have had an active FedEx business account during that same timeframe. One winner will receive a $50,000 grant, and nine additional small businesses will get $20,000 grants. The application window for this year’s grant program is open from March 1 – April 1, 2024.

Tory Burch Foundation Fellows Program

Each year, the program chooses 50 small-business owners to participate in a yearlong initiative that includes workshops, networking groups, a $5,000 business education grant and a culmination presentation. Tory Burch Fellows participants also receive access to 0% interest loans through Kiva.

To qualify for this startup grant program, you must be a women entrepreneur who owns 51% or more of your business. You also must be an early-stage company (ranging from one to five years in business) that generates revenue (the program prefers a minimum of $75,000).

Applications are closed for the 2024 Fellow cycle, but you’ll be able to find updates for the following cycle on the Tory Burch Foundation website.


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Small-business incubator programs

Business incubators or accelerators are designed to help companies in various phases of the startup stage — providing education, workspaces and mentorship. Some also provide funding in the form of grants, pitch competitions with cash prizes or access to investors upon completion of their program.

Although there are a range of programs for general startups, certain incubators target specific demographics, like underserved business owners. Head Boss in Charge Headquarters (HBICHQ), for example, is a Seattle-based nonprofit that serves women and minority-owned startup businesses. It offers merit-based grants for graduates of several of its educational programs.

Other programs are designed to offer support for certain industries. Accelerate Long Island, for instance, is a nonprofit designed to help high-growth biotech and health technology companies.

The program may provide startup grants to participants in conjunction with funding partners on a case-by-case basis, and it helps new businesses navigate New York state tax incentives and find workspace by partnering with local universities.

To find these types of institutions near you, you can do an online search for “[Your City] business incubator.” Even if you don’t see a grant program, it can be helpful to sign up for their email newsletter or follow them on social media. Like SBDCs and MBDAs, startup incubators often provide business coaching, courses and lectures that can help you develop and grow your business idea.

Alternatives to startup business grants

Finding and applying for new business grants can be difficult and time-consuming — plus, not all startups will qualify. If you’re looking for other ways to fund your business, you might consider these alternatives:

SBA microloans

SBA microloans offer up to $50,000 to help your business launch or expand. In fiscal year 2023, the average microloan was $15,644

The SBA provides microloans through intermediary lenders, usually nonprofit financial institutions and economic development organizations. After receiving financing from the SBA, these lenders administer, underwrite and issue their own microloans.

As a result, SBA microloan requirements vary largely by lender. Many intermediaries are willing to work with startups, however. In fact, startup businesses received 24.6% of all SBA microloans issued in fiscal year 2023

Friends and family

Asking friends and family to provide an investment for your business is a common form of startup funding. This type of arrangement can place a strain on relationships, however, so you’ll want to be careful.

You’ll want to define each person’s investment — is it a loan or are they getting equity in your business? If you’re receiving a small-business loan, you’ll want to lay out the rates and terms and detail how you’re going to pay it back.

You should put all agreements in writing, if possible.

Business credit cards

You can qualify for a business credit card with your personal credit score and some general information about your business, like your business name and industry.

Because startup business credit cards often earn rewards for spending, they can be great for daily expenses, but aren’t typically suited for larger purchases. If you make a large purchase on your credit card and can’t pay it back right away, you’ll start accruing interest on your balance, which can become expensive and difficult to manage.

It’s also important to keep in mind that you’ll likely need to sign a personal guarantee with your application — which means you’ll be held responsible for paying back the debt if your business can’t.


If you have a dedicated customer base, they can help finance your business through crowdfunding. In exchange for capital, businesses usually offer something for their supporters, like debt notes, equity shares or access to an exclusive event.

You can compare a variety of crowdfunding platforms that offer different terms, such as Kickstarter, Indiegogo and StartEngine, to find the model that works best for you.

Frequently asked questions