Top 5 Highest Paying Small Business Grants

A list of the highest paying grant opportunities available to small business owners in search of big funding.

 

Every seasoned entrepreneur knows a successful business does not start or thrive on just mound of seed (or trust fund) money. It is a combination of know-how, partnerships, planning, mentorship, and tenacity that takes a business off the pages, into play, and then into the green. But that does not mean small business owners are not all hunting for a solid sum of funds to help them set sail as they grow or back them up while they adventure into risky directions.

 

There are plenty of grants and competitions out there. Some offer once-in-lifetime enrichment packages, others couple networking experience with bundled price tags that claim to be “valued up to” X amount of dollars, but not so much in the way of cash. However, what you will find below are avenues to earn hearty amounts of real money (because 3 free months of free, executive mentoring will not keep the lights on) for your small business. Plus, if you are going to take time to do all the foot-work of applying, entering, and competing for money, you might as well go big.

 

So here it is; a short-list of the top 5 grant opportunities that offer big money to small businesses.

 

 

#1 Echoing Green Fellowship (Image)

MO: Unleashing Your Talent to Solve the World’s Greatest Problems

 

Who is this for?

Promising Social Entrepreneurs in sectors from saint-work to artwork, and many others in-between

 

The Competition

Fierce – Candidates are taken world-wide and only 1% of applicants make the cutoff into Fellowship

 

The Pay Out

$80,000 for individuals, $90,000 for 2-person partnerships

That is out of the $2 million they set aside for their competition.

 

The Fluff

  • A health insurance stipend
  •  A yearly professional development stipend
  • Conferences led by organizational development experts
  • Access to technical support and pro bono partnerships to help grow your organization
  • A community of like-minded social entrepreneurs and public service leaders, including the Echoing Green network of nearly 500 alumni working all over the world

 

Apply! (http://www.echoinggreen.org/fellowship/echoing-green-fellowship)

 

 

#2 Cleantech Open Accelerator & Competition (Image)

MO:  We find, fund, and foster the most promising cleantech startups on the planet.

 

Who is this for?

Mean, green, sustainable and environmentally-safe business “machines”

 

The Competition

Homegrown, US companies – Applicants have to be on a team with at least 2 people (only one must be a US citizen).

 

The Payout

$100,000

 

The Fluff

  • Chance at prizes valued from $10,000 Regionally to $250,000 nationally
  •  Participation at the National West Coast and/or East Coast Academy
  • Enrollment in the full series of Cleantech Open Training Seminars and Webinars
  • Mentor, Investor and Sustainability Programs more
  • Exhibition space at the Cleantech Open National Conference and Global Forum more
  • All-access tickets to all regional and most national events
  • Resources like the new book from Steve Blank & Bob Dorf “The Startup Owner’s Manual”
  • Exclusive Software Offer from the Cleantech Open and Autodesk Clean Tech Partner Program (up to $10,000 value) more

 

 

Apply! (http://www.cleantechopen.com/app.cgi/content/competition/business/eligibility)

 

 

#3 Small Business Innovation Research Program

MO: It is pretty word-y (http://www.sba.gov/content/mission-statement-0)

 

Who is this for?

The Nerds  – within your business there must be at least one principal researcher employed.

 

The Competition

Capped – Only small, for-profit businesses under 500 employees are eligible. Not to mention American

 

The Payout

$100,000 during the first 6 months of support.

$750,000 during the next 2 years.

 

The Fluff

  • Phase I is the startup phase. Awards of up to $100,000 for approximately 6 months support exploration of the technical merit or feasibility of an idea or technology.
  • Phase II awards of up to $750,000, for as many as 2 years, expand Phase I results. During this time, the R&D work is performed and the developer evaluates commercialization potential. Only Phase I award winners are considered for Phase II.
  • Phase III is the period during which Phase II innovation moves from the laboratory into the marketplace. No SBIR funds support this phase. The small business must find funding in the private sector or other non-SBIR federal agency funding.

 

 

Apply! (http://www.sba.gov/content/small-business-innovation-research-program-sbir-0)

 

#4 Small Business Technology Transfer Program (Sister Program of SBIRP)

MO: The same as #3 (http://www.sba.gov/content/mission-statement-0)

 

Who is this for?

The Nerds  – within your business there must be at least one principal researcher employed.

 

The Competition

Capped – Only small, for-profit businesses under 500 employees are eligible. Not to mention American

 

The Payout

$100,000 during the first 6 months of support.

$750,000 during the next 2 years.

 

The Fluff

Phase I is the startup phase. Awards of up to $100,000 for approximately one year fund the exploration of the scientific, technical, and commercial feasibility of an idea or technology.

Phase II awards of up to $750,000, for as long as two years, expand Phase I results. During this period, the R&D work is performed and the developer begins to consider commercial potential. Only Phase I award winners are considered for Phase II.

Phase III is the period during which Phase II innovation moves from the laboratory into the marketplace. No STTR funds support this phase. The small business must find funding in the private sector or other non-STTR federal agency funding.

 

Apply! (http://www.sba.gov/content/small-business-technology-transfer-program-sttr-0)

 

#5 Mission: small Business

MO:  To increase awareness of the important role small businesses play in local communities and to help small businesses grow

 

Who is this for?

Any home-grown, US small business owners that are at least 18 years of age

 

The Competition

American Idol style — 4 to 12 winners max., decided upon by popular vote of customers, friends, and neighbor

 

The Payout

$250,000 for at least 4 winners

 

The Fluff

No frills. Just money.

 

Apply! (https://www.missionsmallbusiness.com/pages/program-rules)

Featured Section #1

This area is a featured section on the homepage where you can write about your website. Here you can highlight what's new or other things which are important to your site visitors.
Continue reading »

Best Small Business Credit Card

Small Business Insurance

Small Business Insurance