WY Business Training 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 purpose of the GAINS program is to promote the expansion and development of United States Department of Labor (USDOL) approved Registered Apprenticeship programs that drive economic development through skills and educational attainment and create pathways to better-paying careers and advanced credentials. While this NGO describes fourteen (14) sectoral/occupational areas of focus, all occupations that are recognized by US DOL as “apprenticeable” are encouraged to apply. Eligible applicants can request funding up to $12,000 per registered apprentice.

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.

The Business Development Grant provides Greater Charlottesville small businesses with $5,000 grants to help empower and sustain local entrepreneurs. Administered by the United Way of Greater Charlottesville in partnership with the Minority Business Alliance of the Charlottesville Regional Chamber of Commerce, the program awards multiple grants each year to local small businesses, with the goal of addressing one of the most common barriers to small business success: a lack of affordable capital. Since 2019, the partnership has awarded over $150,000 in grants to local small businesses, including six businesses awarded $5,000 each in the most recent cycle. Funds may be used for equipment acquisition, inventory, and operating expenses, including business promotion. Applications typically become available each summer, and attendance at a virtual information session is often required to apply.

The Cleveland Municipal Small Business Initiative provides Cleveland small businesses with recoverable grants of up to $50,000 (or 15 percent of total project costs, whichever is lower) to reduce the equity required to complete an SBA-backed financing project. Administered by the City of Cleveland's Economic Development Department in partnership with the U.S. Small Business Administration and Cuyahoga County, the grant is funded half by the City and half by the County. The program's purpose is to leverage traditional SBA financing to help small businesses create jobs and opportunities in the City of Cleveland, effectively lowering the equity requirement on an SBA project from 25 percent to 10 percent. To qualify, applicants must be able to secure an SBA-backed loan through a participating lender and meet the City of Cleveland's program requirements. Projects must create at least one permanent full-time job for every $35,000 in City funds received, and applicants must contribute at least 10 percent of the total project cost as equity. The City tracks each recipient's job creation progress annually for up to three years following project completion, and recipients must execute a City Workforce Development Agreement (a free service provided by Ohio Means Jobs that matches unemployed skilled workers with available positions at the recipient business). Eligible uses of grant funds include property acquisition, new construction or renovation, and the acquisition of equipment, furniture, and fixtures. Working capital expenses (such as rent, utilities, inventory, and payroll) are not eligible uses and are also excluded from the calculation of total project costs used to determine the grant amount. As part of the grant terms, the City takes a UCC lien on the business's assets, personal guarantees from the business owner are typically required, and additional collateral may be required at the City's discretion. If the business fails to meet the job creation performance milestones over the three-year tracking period, the City may require repayment of some or all of the grant.