Shopping locally can help small businesses and local economies thrive, especially during the holiday season. Highlighting these local merchants is one of the main goals of an ongoing program in Detroit supported by a major local sports team and other corporate sponsors.
And that’s just one of the recent small business grant opportunities that entrepreneurs should be aware of. Other opportunities announced this past week include a grant for black-owned wine companies, one that supports entrepreneurs with disabilities, and options for local businesses in Vermont, New York, and New Mexico. Read on for a list of options to consider as we exit 2022.
Detroit Pistons SHOP313 Program
The Detroit Pistons are to collaborate with RingCentral, Amazon and BELFOR Property Restoration for this year’s SHOP313 program. The initiative supports Michigan businesses by providing visibility at community events, Little Caesars Arena and on social media. In addition, six $10,000 grants are available to participating companies this year through donations from RingCentral. Applications are now available online and will remain open through the end of the Pistons season.
New Mexico Science and Technology Grant Program
New Mexico’s Office of Science and Technology offer grants to small science and technology companies with high growth potential. Eligible businesses can apply for between $10,000 and $25,000. Applications are now available online. And the application period closes on December 12.
AAAV Member Scholarships
The Association of African American Vintners is launch a new program to provide $5,000 in grants to black-owned wine companies. To qualify, business owners must be AAAV members at the grower, vintner or negotiator level. Eligible companies can start the application process in January. And in the first quarter of 2023, five grants will be awarded.
Vermont Community Restoration and Revitalization Program
Vermont is launching a $40 million Community Recovery and Revitalization Program support capital improvement projects that will benefit the state’s small businesses. The program is funded through the American Rescue Plan Act and will provide grants to businesses, nonprofits and municipal departments that have been negatively impacted by the COVID-19 pandemic. Priority will be given to projects relating to industries that have been particularly damaged, including childcare, entertainment and education. Applications are accepted on a first come, first served basis.
Oyster Bay Pandemic Recovery Grants
Oyster Bay, New York launch a new $4.5 million pandemic recovery grant program to support small businesses and nonprofits. Eligible businesses and organizations can apply for a $5,000 grant. To qualify, companies must have 50 or fewer full-time equivalent employees and annual revenue between $35,000 and $5 million.
Coca-Cola Foundation grant for synergy work
The Coca-Cola Foundation does the provision with a $50,000 grant to Synergies Work, an Atlanta-based nonprofit that supports entrepreneurs with disabilities. This is the third grant the organization has received to continue operations since 2019. While this grant is not directly available to entrepreneurs, the organization will use resources to provide skills-based education and training programs, especially for entrepreneurs with disabilities.
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