Small-business grants you can apply for in February 2024.

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Small-business grants you can apply for in February 2024.

The $10,000 Boss Impact Fund is just one of the grant opportunities for small businesses in February 2024

Small-businesses owners are more optimistic about 2024 as recession worries fade and revenues grow, but many are still searching for business grants to support their growth efforts.

A Morning Consult poll of small and medium-sized businesses found 37% reported higher quarterly sales in the last quarter of 2023, up from 27% in the third quarter of 2023. Meanwhile 64% said they expect conditions to improve over the next five years, up from 56% in the third quarter of 2023.

But the stakes are still high. About 40% of small-business owners surveyed by Slack for its 2024 Small Business Outlook Survey said 2024 was a “make or break” year for their business.

That is why we have gathered up some small-business grants that owners can apply for in February. We also have a more complete list of small business grants, loans and assistance programs for all of 2024.

Boss Impact Fund offers $10K grants and mentorship

The Boss Impact Fund grant program, a collaboration between The BOSS Network and cloud business services firm Sage, aims to break down barriers for Black women entrepreneurs. Businesses must be less than five years old, be for profit, have a demonstrated need for funding and be willing to participate in a virtual mentoring program.

Each winner will receive $10,000, a year scholarship in BOSS Business University and monthly support and mentoring for all of 2024.

Applications are due by Feb. 23, and winners are announced in March 2024.

$10,000 grants from the Restaurant Disaster Relief Fund

Small-business owners with less than $3 million in revenue that have been hit by a natural disaster are eligible for a $10,000 grant made possible by a partnership between DoorDash and small-business platform Hello Alice. The business must have a brick-and-mortar location, three or fewer locations, $3 million or less in revenue per location, and fewer than 50 employees per location.

Businesses must be experiencing hardship because of a state or federally declared natural disaster. Applications close March 29, 2024. Recipients will be announced in May.

$2,500 small business growth grant from Start.Pivot.Grow

This grant comes from Start.Pivot.Grow, a small business accelerator, tools and funding platform, for any business that aims to grow in 2024. The $2,500 also comes with a digital business growth plan.

To be eligible businesses must have existed for at least two years. The winner will be announce during National Small Business Week.

Applications close March 31, 2024.

2024 Halstead Grant offering more than $8,500

Business owners that work with silver jewelry or want to jumpstart their silver jewelry business may want to apply for the 2024 Halstead Grant that offers $7,500 in cash and a $1,000 gift card to a grand prize winner and $1,000 in cash and $250 gift cards to finalists. The goal is to help promote new talent and creativity in the jewelry industry. Applications must be postmarked by May 1.

SBA offers grant to help organizations build in-demand tech “ecosystems.”

Businesses, nonprofit organizations and other ventures can compete to win up to $200,000 in grants from the Small Business Administration as part of its 2024 Growth Accelerator Fund Competition.

The SBA offers the grants in two stages. The first is $50,000 for organizations that conduct “ecosystem-building activities,” which include recruiting new partners; strengthening alliances among private, public, academic and nonprofit partners; and ultimately developing strategies to support research and development-focused entrepreneurs and small businesses.

Those who win the initial grant will be eligible for up to $150,000 in additional cash prizes to offer direct assistance to entrepreneurs, small businesses and startups that are looking to commercialize their innovations — from R&D to bringing their offerings to the commercial market. The application portal closes February 16.

Business owners looking for more grants, resources, technical assistance or loans to grow their business can check out our more extensive resource page too. That includes grants with “rolling” admissions in which there is no application date, as well as additional SBA and government resources.

Click the links below to apply:

https://www.papayareusables.com/pages/grant

https://www.startpivotgrow.com/grants

https://www.bossimpactfund.com

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