New YorkEvery new entrepreneur dreams to succeed in business but many fail to make this dream real. The lack of capital is a very serious barrier as well as marketing plans and poor management. But if marketing channels are good enough, then it would be really unfair if your business fails only because of low funds. For this, many small business grants are available for entrepreneurs. This guide describes a few hints that can be used to get financial assistance.
It is necessary to determine what amount of funding is necessary and why do you need this money. Then you can choose from government grants for business, private foundations, investors, etc. There are federal and state programs available. So if you live in New York, you should apply for New York small business grants. Your first step towards getting this money is writing a good business plan.

Hint #1: Brief Business plans

Keep in mind, that the business plan is the key factor to applying for small business grants. The plans give a clear idea of ​​your goals and vision and also the trajectory and speed of implementing your goals in life. The potential of your company is listed in your business plan, so spend time and write it briefly.

Hint #2: The Effective Business Plan Presentation

The next important thing is planning the presentation. Any small business grantor wants to know how the money is intended for use in the most efficient and economical way, how much profit is expected in future. Thus, the presentation and explanation of your plans can improve the chances of grant approval.

Hint #3: How to Meet Eligibility Requirements

The location of the business is a big reason for approval of small business grants. The government prefers decentralization of business to prevent migration to the cities. Thus, grants for small business are extended to those who, preferably, own a business in rural areas. In addition, since your business helps to raise the living standards of rural populations, you will be granted by the government.

Also grants for small business are offered to small entrepreneurs to help them develop and expand their business, if they have potential. So, consider that small business grants bodies have their own goals and give money to those who meet them in the best way possible. That’s why you need to be prepared. The New York City Department of Small Business Services (SBS) is a dynamic organization created to help new business owners. If you want to learn more about small business grants in New York, you should visit nyc.gov.

Available small business start up grants in New York


Election and Political Process Reform (EPPR) program

USAIDDate for applicants: Feb 08, 2013 – Mar 08, 2015
Award Ceiling: $1,600,000
Expected Number of Awards: 1
Category of Funding Activity: Cooperative Agreement
Agency Name: Senegal USAID-Dakar
Contact Person: Maria-Teresa Marillat 221338696147


Organic Transitions Program

Department of Agriculture logoDate for applicants: Feb 07, 2013 – Apr 05, 2015
Estimated Total Program Funding: $3,700,000
Award Ceiling: $750,000
Category of Funding Activity: Agriculture, Food and Nutrition
Agency Name: National Institute of Food and Agriculture
Contact Person: 202-401-5048


NCI Experimental Therapeutics-Clinical Trials Network with Phase 1 Emphasis (ET-CTN) (UM1)

health logoDate for applicants: Feb 08, 2013 – Aug 23, 2015
Estimated Total Program Funding: $8,500,000
Award Ceiling: $850,000
Expected Number of Awards: 10
Category of Funding Activity: Education, Health
Agency Name: National Institutes of Health
Contact Person: OD.NIH.GOV


Screening, Analysis & Development of Novel, Remote, and In-Situ Measurements of the Ionosphere

Department of Defence logoDate for applicants: Jan 31, 2013 – Mar 04, 2015
Award Ceiling: $320,000
Expected Number of Awards: 1
Category of Funding Activity: Science and Technology and other R&D
Agency Name: Air Force Academy
Contact Person: Rebecca Graham 719-333-3200


Hint #4: How to Avoid Failure

If government agencies and private foundations do not see the potential of the business or if it doesn’t correspond to their goals or business plan seems to be unreal, the subsidy is not granted for these entrepreneurs.

State governments, private foundations, trusts, etc. sanction grants from time to time to those who really need it. The only requirement is to demonstrate the potential of your business.


Addresses to consider when looking for additional financing for your small business in New York

New York State Small Business
145 College Rd, Suffern, NY
(845) 356-6065 ‎ · nyssbdc.org

NYC Department of Small Business Services
110 William St #7, New York, NY
(212) 513-6300 ‎ · nyc.gov

Small Business Development Center
6 Executive Park Dr, Albany, NY
(518) 380-5077 ‎ · nyssbdc.org

Small Business Development Center
222 Water St, Binghamton, NY
(607) 777-4024 ‎ · sbdc.binghamton.edu
Small Business Development Center
1300 Elmwood Ave, Buffalo, NY
(716) 878-4030 ‎

NYS Small Business Development Center
55 St Paul St, Rochester, NY
(585) 395-8410 ‎ · brockport.nyssbdc.org