Stimulus Grants For Small Business Owners

The federal government too offers grants to support small businesses.

Stimulus grants for small business owners. Demand for the popular paycheck protection program ppp has been massive since the application window opened on april 3. The sbir grant program is for entrepreneurs focused on innovations in technology that have the potential for commercialization. The second stimulus bill the economic aid to hard hit small businesses nonprofits and venues act has been passed by congress and signed into law by president trump.

Hire a public adjuster a small business owner s advice after a disaster forgiveness. The government has set aside 15 billion for initial ppp loans and 25 billion for second ppp loans for small businesses borrowers with 10 or fewer employees as well as businesses in areas deemed to be of low to moderate income. The new 900 billion stimulus deal includes 325 billion for small businesses and a continuation of the paycheck protection program.

You can check its funding opportunities here. Parts for small business owners. Focus areas from the past include clean and safe water homeland security land revitalization green construction advancement of health.

These pools of money will fund loans up to 250 000. You can get forgiveness for this ppp loan by spending at least 60 on payroll expenses wages salaries. Small business innovation research program.

The deal allocates money for specific kinds of business owners. In march congress passed the 2 trillion dollar coronavirus aid relief and economic security cares act a stimulus package that includes several programs aimed at small businesses impacted by the covid 19 outbreak.