Roanoke Business Equipment Incentive Program

The Rural and Agriculture Energy Assistance Program offers grants to farms, ranches, and rural small businesses to help cover the costs of energy audits. Audits are performed by approved assessors who review energy use, as well as buildings, processes, and equipment. The goal is to find ways to be more energy efficient. The grant program covers 75% of the audit expense, with applicants paying the remaining 25% of the costs. Energy assessment costs vary depending on size and scope but typically range between $4,000 and $8,500.

The Cannabis Business Assistance Loan/Grant Fund (CBAF) is a financing resource operated by the Maryland Department of Commerce (Commerce), to provide grants and loans for small businesses, including small, minority-owned and small women-owned businesses entering the adult-use cannabis industry. CBAF may also provide grants to Historically Black Colleges and Universities (HBCUs) for cannabis-related programs and to business development organizations, including incubators, to train and assist small businesses, including minority and women business owners and entrepreneurs, seeking to become licensed to participate in the adult-use cannabis industry.

The SBIG program provides a meaningful return on investment from the Commonwealth to encourage individuals or special purpose entities (created for the purpose of investing in small businesses) to make cash investments in Virginia’s small businesses for working capital, growth, and expansion. SBIG grants are awarded to eligible Investors that have invested in eligible small businesses. They are not grants awarded to the small business that received the investment.

Any Massachusetts-based business that has been awarded funds through SBIR Phase II may be eligible for grants and business guidance to help them create jobs and commercialize their technologies. Each year, the program awards 17 grants ranging from $100,000 to $500,000.

WBDC, in partnership with the Connecticut Office of Early Childhood (OEC), offers grants of up to $25,000 to qualified child care businesses in Connecticut through its Child Care Business Opportunity Fund. Designed to help licensed and aspiring child care businesses grow, the Opportunity Fund has grant programs targeting different stages of business, from start-ups to those ready to expand.