Running a small business in the U.S. is no easy feat. Between keeping the lights on, paying your team, and juggling a dozen tools just to send an invoice, it can feel like every dollar counts—and that’s because it does. But what if someone told you that there’s money out there, just waiting for you to use it… and you don’t even have to pay it back?
Welcome to the world of government grants.
Not loans.
Not credit lines.
Actual funding. Free. Available. And in many cases—shockingly underutilized.
Let’s dig into seven hidden gem grants that could give your small business the boost it deserves.
1. Small Business Innovation Research (SBIR) Program
If your business is rooted in tech, science, or innovation, the SBIR program could be a goldmine. This federal initiative helps small companies develop new technologies with the potential for commercialization—especially those that support national priorities like health, defense, or energy.
The best part? It’s non-dilutive funding, meaning you keep full ownership of your company.
👉 Who it’s for: Tech startups, R&D-focused businesses, and innovators in fields like biotech, energy, and cybersecurity.
👉 Funding size: Phase I grants go up to $275,000; Phase II can reach $1.5 million.
2. State Trade Expansion Program (STEP)
Thinking about taking your business international? The STEP grant, offered by the U.S. Small Business Administration (SBA), helps small businesses expand into global markets. This could mean funding for trade shows, translation services, international marketing, or website globalization.
👉 Who it’s for: Small U.S. businesses ready to export or grow international reach.
👉 Funding size: Varies by state, but often includes thousands in reimbursement.
3. USDA Rural Business Development Grants
If you’re operating in a rural area, don’t miss this one. The USDA’s Rural Business Development Grant (RBDG) program supports small businesses that help stimulate economic growth in rural communities.
Funding can go toward purchasing equipment, training workers, or developing infrastructure—basically, anything that helps your business thrive and benefit the local economy.
👉 Who it’s for: Rural-based small businesses with fewer than 50 employees and less than $1 million in gross revenue.
👉 Funding size: No minimum, and max grants can exceed $500,000 in some areas.
4. Minority Business Development Agency (MBDA) Grants
If you’re a minority business owner, the MBDA offers periodic grant competitions designed to support your growth. These grants may fund business centers, research initiatives, or support for specific industries.
While they aren’t always open year-round, they’re worth keeping on your radar. The MBDA also offers access to local business centers that can help you apply for funding.
👉 Who it’s for: Minority-owned businesses of all sizes.
👉 Funding size: Varies based on project scope and type.
5. Economic Development Administration (EDA) Grants
The EDA supports job creation and innovation across America, especially in communities that have faced economic hardship. These grants fund business incubators, workforce development initiatives, and more.
While many EDA grants go to nonprofits or coalitions, small businesses can partner with those recipients or benefit from funded programs directly.
👉 Who it’s for: Businesses participating in regional innovation, manufacturing, or workforce development.
👉 Funding size: Often in the six-to-seven-figure range for programs and initiatives.
6. Amber Grant for Women
If you’re a woman entrepreneur, the Amber Grant could be a perfect fit. It’s run by WomensNet, not a government agency, but it’s worth mentioning here because it’s easy to apply, available monthly, and makes a real impact.
One applicant wins $10,000 every month, with a chance at an additional $25,000 at year’s end. And the application? Just a simple story about your business—no complicated paperwork.
👉 Who it’s for: Women-owned businesses in the U.S.
👉 Funding size: $10,000–$35,000 total.
7. Community Development Block Grants (CDBG)
Managed by the Department of Housing and Urban Development (HUD), the CDBG program supports projects that strengthen low-to-moderate-income communities. That includes small businesses creating jobs, launching community-facing services, or revitalizing buildings and neighborhoods.
Many cities and counties use CDBG funds to offer their own small business grant programs—so check with your local government.
👉 Who it’s for: Businesses that support economic development in underserved communities.
👉 Funding size: Depends on your municipality—but can range from $5,000 to $50,000 or more.
Tips to Boost Your Grant Success
These grants are real—but they’re competitive. To stand out, make sure to:
- Tell a clear story: Why does your business matter to your community or industry?
- Show impact: How will you use the funds to grow or create jobs?
- Have your documents ready: Be prepared with your business license, financials, tax ID, and a sharp business plan.
- Apply early and often: Many grants open once or twice a year—mark your calendar and revisit deadlines.
And don’t forget to look for state and city-level grants. Many regions have their own business funding programs not listed on national sites.
If you’re bootstrapping or growing a small business, every dollar counts. That’s why these grants—some national, some hyper-local—can make a huge difference.
They’re not just cash injections they’re confidence builders, credibility boosters, and stepping stones to your next level.
