{"id":40966,"date":"2021-06-08T22:25:02","date_gmt":"2021-06-09T02:25:02","guid":{"rendered":"https:\/\/ilgfinancial.com\/staging\/2370\/?p=40966"},"modified":"2022-05-29T20:23:46","modified_gmt":"2022-05-30T00:23:46","slug":"grants-loans-and-programs-to-benefit-small-businesses","status":"publish","type":"post","link":"https:\/\/ilgfinancial.com\/staging\/2370\/grants-loans-and-programs-to-benefit-small-businesses\/","title":{"rendered":"Grants, Loans and Programs to Benefit Small Businesses"},"content":{"rendered":"<p class=\"CCParagraph\"><span class=\"3-top1\"><img decoding=\"async\" class=\"wp-image-42306 alignright\" src=\"https:\/\/ilgfinancial.com\/staging\/2370\/wp-content\/uploads\/2021\/06\/small-business-loan-form-concept-2021-08-26-23-58-27-utc-1024x683.jpg\" alt=\"\" width=\"505\" height=\"337\" srcset=\"https:\/\/ilgfinancial.com\/staging\/2370\/wp-content\/uploads\/2021\/06\/small-business-loan-form-concept-2021-08-26-23-58-27-utc-200x133.jpg 200w, https:\/\/ilgfinancial.com\/staging\/2370\/wp-content\/uploads\/2021\/06\/small-business-loan-form-concept-2021-08-26-23-58-27-utc-300x200.jpg 300w, https:\/\/ilgfinancial.com\/staging\/2370\/wp-content\/uploads\/2021\/06\/small-business-loan-form-concept-2021-08-26-23-58-27-utc-400x267.jpg 400w, https:\/\/ilgfinancial.com\/staging\/2370\/wp-content\/uploads\/2021\/06\/small-business-loan-form-concept-2021-08-26-23-58-27-utc-600x400.jpg 600w, https:\/\/ilgfinancial.com\/staging\/2370\/wp-content\/uploads\/2021\/06\/small-business-loan-form-concept-2021-08-26-23-58-27-utc-768x512.jpg 768w, https:\/\/ilgfinancial.com\/staging\/2370\/wp-content\/uploads\/2021\/06\/small-business-loan-form-concept-2021-08-26-23-58-27-utc-800x534.jpg 800w, https:\/\/ilgfinancial.com\/staging\/2370\/wp-content\/uploads\/2021\/06\/small-business-loan-form-concept-2021-08-26-23-58-27-utc-1024x683.jpg 1024w, https:\/\/ilgfinancial.com\/staging\/2370\/wp-content\/uploads\/2021\/06\/small-business-loan-form-concept-2021-08-26-23-58-27-utc.jpg 1178w\" sizes=\"(max-width: 505px) 100vw, 505px\" \/>Over 99% of America&#8217;s 28.7 million firms are small businesses, and 88% have fewer than 20 employees. After the year of COVID, many can&#8217;t wait for a Government stimulus to bail them out and are instead looking for ways to fund their business and get back on track. <\/span><\/p>\n<p class=\"CCParagraph\"><span class=\"3-top1\"><b>Government Grants:<\/b> The government site grants.gov is the place to start your search. It offers the most comprehensive database of funds available from the government. Not all funds flow directly from the government to business. Some funds are distributed to state governments and agencies, nonprofits, and educational institutions and awarded from that point.<\/span><\/p>\n<p class=\"CCParagraph\"><b><span style=\"font-size: 11.5pt;\">Government Contract Assistance:<\/span><\/b><span style=\"font-size: 11.5pt;\"> The federal government spends billions on goods and services, and that money is spent through a competitive bidding process. Many programs are set up to target and help smaller businesses like Veteran- and women-owned compete for these contracts.<\/span><\/p>\n<p class=\"CCParagraph\"><b><span style=\"font-size: 11.5pt;\">Natural Resource Sales Assistance Program:<\/span><\/b><span style=\"font-size: 11.5pt;\"> Our federal government purchases a lot from the natural resource goods and services market, and a percentage of those bids are available only to small businesses. Sometimes, these bids are broken down even more so that it&#8217;s easier for more small businesses to get a piece of the pie.<\/span><\/p>\n<p class=\"CCParagraph\"><b><span style=\"font-size: 11.5pt;\">Industry-Specific Small Business Grants:<\/span><\/b><span style=\"font-size: 11.5pt;\"> Some small business grants are tied to a specific industry or demographic and come with a more straightforward application process. If, by chance, you&#8217;re a black, multiracial, or even nonbinary entrepreneur, there&#8217;s a startup grant for you to consider. Samuel Adams Brewing even offered a military grant for small entrepreneurs.<\/span><\/p>\n<p class=\"CCParagraph\"><span style=\"font-size: 11.5pt;\">The U.S. Chamber of Commerce and the Small Business Association are both held in high regard when it comes to assisting and guiding small businesses to succeed. As your financial professional, we&#8217;re also here to help and provide answers so that your future years are much more lucrative than 2020. Call us at <a href=\"tel:540-720-5656\">(540) 720-5656<\/a><\/span><span style=\"font-size: 11.5pt;\">\u00a0if you&#8217;re a small business owner\u2014it&#8217;s time to take back control of your business success! <\/span><\/p>\n<hr \/>\n<p class=\"CCFooter\">Adapted from U.S. Chamber of Commerce<span class=\"CCFootChar\">1<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Over 99% of America&#8217;s 28.7 million firms are small businesses, and 88% have fewer than 20 employees. After the year of COVID, many can&#8217;t wait for a Government stimulus to bail them out and are instead looking for ways to fund their business and get back on track. Government Grants: The government site grants.gov is the place to start your search. It offers the most comprehensive database of funds available from the government. Not all funds flow directly from the government to business. Some funds are distributed to state governments and agencies, nonprofits, and educational institutions and awarded from that point. Government Contract Assistance: The federal government spends billions on goods and services, and that money is spent through a competitive bidding process. Many programs are set up to target  [&#8230;]<\/p>\n","protected":false},"author":48,"featured_media":42306,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"nf_dc_page":"","footnotes":""},"categories":[3273],"tags":[],"class_list":["post-40966","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-small-business"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Grants, Loans and Programs to Benefit Small Businesses - ILG Financial<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/ilgfinancial.com\/grants-loans-and-programs-to-benefit-small-businesses\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Grants, Loans and Programs to Benefit Small Businesses - ILG Financial\" \/>\n<meta property=\"og:description\" content=\"Over 99% of America&#8217;s 28.7 million firms are small businesses, and 88% have fewer than 20 employees. After the year of COVID, many can&#8217;t wait for a Government stimulus to bail them out and are instead looking for ways to fund their business and get back on track. Government Grants: The government site grants.gov is the place to start your search. It offers the most comprehensive database of funds available from the government. Not all funds flow directly from the government to business. Some funds are distributed to state governments and agencies, nonprofits, and educational institutions and awarded from that point. Government Contract Assistance: The federal government spends billions on goods and services, and that money is spent through a competitive bidding process. 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