How to get Grants for early Entrepreneurs

Show Notes:

Curious about grants for your business? Learn the difference between grants and loans, discover resources to find grant opportunities, and gain insights into creating compelling grant applications.

This episode of Mikh’s Muse is inspired by a question from our ELITE Brand Accelerator program. As an early stage entrepreneur, it can be hard to even know where to begin when it comes to funding your business. Follow Mike as he dives into the options for early stage entrepreneurs.

0:00 Introduction

0:19 Understanding the Needs of Your Business

1:08 Creating a Filter for Funding Opportunities

2:00 Creating Deadlines and Urgency with Grants

2:53 Finding Grant Opportunities through Community Organizations

3:29 Researching Grants for Specific Business Needs

4:36 Establishing a Strong Brand and Brand Kit

5:23 Selling Yourself as a Results-Oriented Grant Recipient

7:06 Using Networking to Discover Grant Opportunities

7:56 The Impact of Grants on Business Momentum

8:10 Starting Point: Establishing a Legitimate Business Entity

8:35 Documenting Your Business Mission and Operations

9:01 Communicating Your Value to the Marketplace

9:29 Increasing Fundability through Participation

9:43 Where to begin

Grant References📝:

U.S. Small Business Administration (SBA):

https://www.sba.gov/

• The SBA provides various grant programs to support small businesses. Explore their website for information on grants, loans, and other financial assistance programs.

Grants.gov:

http://grants.gov

• Grants.gov is a comprehensive resource that allows businesses to search and apply for federal grants. It serves as a centralized platform for finding and applying for grants from multiple federal agencies.

Minority Business Development Agency (MBDA):

https://www.mbda.gov

• The MBDA, part of the U.S. Department of Commerce, supports minority-owned businesses. Check their website for information on grants and programs tailored to minority entrepreneurs.

National Association for the Self-Employed (NASE) Growth Grants:

https://www.nase.org/

• NASE offers small business grants to its members. The grants are designed to support business growth and development.

FedEx Small Business Grant Contest:

https://www.fedex.com/en-us/small-bus...

• FedEx conducts an annual Small Business Grant Contest that awards grants and business services to small businesses. Check their website for information on upcoming contests.

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