Government Grants for Small Business

While the federal government does not provide grants for starting or growing small businesses, it does provide a myriad of services to assist entrepreneurs in pursuit of their dreams. One of the mechanisms in place to promote small business growth and economic development is the Community Development Financial Institution Fund managed by the US Department of the Treasury. In the current fiscal year the federal government is allocating more than $12 Million to support CDFIs.

Small Business Resources in Your State



Community Development Financial Institutions fall into four categories:

  • Community Development Loan Funds
  • Community Development Credit Unions
  • Community Development Banks - Including Thrifts and Holding Companies
  • Community Development Venture Capital Funds

The genesis of the Community Development Financial Institution Fund was the Riegle Community Development and Regulatory Improvement Act of 1994. The reason for the fund's existence is to foster economic revitalization and community development.

Community Development Financial Institutions by State





Featured Government Grant Resources


Minority Business Enterprise Centers for Minority-Owned Businesses

The The Minority Business Development Agency has recently constituted the Minority Business Enterprise Centers (MBEC) Program wherein it aims to support minority-owned businesses by providing them with electronic and one-on-one business development services for a reasonably nominal fee.







Community Development Financial Institutions

Community Development Financial Institutions are basically financial institutions who possess the ability to provide credit and financial services to underserved industries and communities.





Social Entrepreneurship
Spotlight



3 Social Enterprises Earn Honors at Social Enterprise Award

3 Social Enterprises Earn Honors at Social Enterprise Award
Three social enterprises were recognized at the 2013 President’s Challenge Social Enterprise Award for their major...








More Federal Domestic Assistance Programs


Assistive Technology Alternative Financing Program | Capacity Building Grants and Cooperative Agreements for Compliance Assurance and Enforcement Activities in Indian Country and Other Tribal Areas | Indian Adult Education | Water and Waste Disposal Loans and Grants (Section 306C) | Leaking Underground Storage Tank Trust Fund Corrective Action Program  |  Site Style by YAML | Grants.gov | Grants | Grants News | Sitemap | Privacy Policy


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