Small Business Association and other Government bodies now and then come up with new funds, rules, and proceedings to strengthen the small business. Luckily, there are new micro business and women-owned business grants of 2022 – Latest. So, let’s have a look at all the details!
Providence American Rescue Plan Act Grants
SBA’s opening of five new women’s centers across the country is a great move aiming to make women entrepreneurs more storing with advice and aid. Similarly, Providence American Rescue Plan Act Grants are one of the latest acts of 2022 in which Province, Rhode Island is offering $7 million to small businesses.
The program was initially launched in October 2021, but now it is fully functional with this new update. It is funded through the American Rescue Plan Act. Interestingly, he has extended the deadline to apply for it to July 1, 2022. In addition, small businesses do not require a minimum tangible asset to qualify for the loan. So, if you’re eligible for this grant, check it out now.
Dulles Minority Small Business Owner Grant Program
This special program is for minority and women-owned businesses. Unveiled by the Dulles Regional Chamber of Commerce in Virginia, it is open to Fairfax and Loudoun counties, where startups have less than ten employees. In addition, anyone facing hard times due to COVID can apply for the grant. Also, to support the program, you can donate, which is tax-free. It’s open till July 8 and is a great opportunity for reviving or carrying on the business with some help.
Wells Fargo Foundation and LISC Disaster Recovery Program
It’s a great help for any business that has undergone adverse situations like disasters. So, Wells Fargo Foundation and The Local Initiatives Support Corporation (LISC) are auditing for disaster recovery for small businesses. Wells Fargo is giving $2 million in funding to the LISC. On the other hand, LISC, with cooperation from NGOs, is training people living in disaster-prone areas to come back stronger. They are helping businesses with grants and helping leading startups to start to grow their ideas.
Coos Economic Development Corporation Pilot Program
This program is solely for small business shows looking for storefront locations. So, the Coos Economic Development Corporation in New Hampshire is helping the small business to go for a retail location. So, it will attract some customers in the particular area and help the small business owners. The prime focus areas are Colebrook, Gorham, Lancaster, Whitefield, etc. In addition, the eligible business can get around $5,000, which can be used to pay bills, insurance, rent, adding inventory, etc., So check out all the details about the eligibility first.
So, these are some micro-business and women-owned business grants of 2022 by different sources helping small businesses. Whether recovery aid, minority, women, or disaster, this aid is helpful in strengthening the backbone of the economy, which is small business. So, if you are or someone you know is eligible for these funds, inform them so they can start their journey to success.
Linda Rawson, who is the founder of DynaGrace Enterprises (dynagrace.com), an 8(a) graduate and EDWOSB, contributed to the content of this blog. She is the founder of GovCon-Biz. For further information, please connect with Linda on LinkedIn, or contact her at (800) 676-0058 ext 101.
Please reach out to us at GovCon-Biz should you have any questions.