Montgomery Thriving Small Business Grant

REDC offers grants of up to $5,000 for qualifying for-profit New Hampshire businesses with five or fewer employees to purchase equipment or machinery. Grant funding is limited and not guaranteed.

The Texas Semiconductor Innovation Fund (TSIF) is a new incentive program to encourage the continued leadership of Texas in semiconductor research, design and manufacturing. The TSIF will provide grants to state entities and institutions of higher education for semiconductor manufacturing and design projects; and award grants to business entities with an established presence within the state of Texas to encourage economic development related to semiconductor manufacturing and design. The TSIF will provide grants and matching funds to eligible entities for semiconductor research, manufacturing and design projects.

The Seattle Small Business Capital Access Program (CAP) pays down up to $30,000 (or 20% of the loan principal, whichever is less) on qualifying small business loans for Seattle-based businesses. Administered by the Seattle Office of Economic Development (OED), the program is designed to lower the cost of borrowing for small businesses, particularly those that have historically lacked equitable access to financial services. CAP is not a standalone grant application and businesses do not apply directly. Instead, eligibility is evaluated by a participating community lender at the time of loan approval, and qualifying borrowers receive the principal paydown automatically as part of their financing. Because of this, the most important step for interested business owners is knowing to work with one of CAP's participating community lenders when seeking a small business loan; loans from non-participating lenders are not eligible. Participating lenders include Business Impact NW, Rainier Valley Community Development Fund, Seattle Credit Union, MoFi, Grow America Community Impact Loan Fund, Pursuit, Evergreen Business Capital and Community Finance, and Denkyem Co-Op. Paydowns are issued in two installments — one after the borrower makes 12 on-time monthly payments, and a second after 24 on-time monthly payments — and are applied directly to the loan account rather than disbursed to the borrower, effectively reducing the principal owed. To be eligible, businesses must be for-profit, independently owned, located within Seattle city limits, in operation for at least 12 months, have an active City of Seattle Business License, employ no more than 50 full-time equivalent employees, generate annual gross revenue of $2 million or less, and be current on loan payments at the time of the paydown award.

The Athens Downtown Development Authority (ADDA) Business Marketing Grant Program is intended to incentivize economic development by encouraging investment in brand development and online marketing. This grant supports funding for branding strategies; logo design; web design and development; e-commerce; and online/social media marketing optimization. The program will offer a 50% matching grant up to $5,000 for reimbursement. Improvements must contribute to the overall value of downtown business and investments.

Do you own a child care center business in Manchester that could use grant funds and business counseling to develop your business? With funding from the New Hampshire Charitable Foundation, REDC has available, on a limited basis, grants for child care businesses that are: -based in Manchester, NH, -for-profit, -and that need working capital, equipment, and supplies. The grant range is $5,000 to $10,000. Grant funding is limited and not guaranteed.