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


Secondary Market Lending Authority Program

The Small Business Administration has constituted the Secondary Market Lending Authority program, one which aims to provide liquidity for the secondary market, thereby ultimately encouraging new lending opportunities from banks of Small Business Administration guaranteed loans.







The Secret to Acquiring Business Grants

Business grants could be one of the most important financial tools that nearly all businesses would need. They may not be the single most significant support businesses could have, but they can get definitely help you start the business right....





Social Entrepreneurship
Spotlight



Mentoring Program for Social Enterprises in Singapore


Mentoring Program for Social Enterprises in Singapore

The  Ministry of Social and Family Development in Singapore will launch a mentoring program for social enterprises this December.









More Federal Domestic Assistance Programs


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Edited by: Michael Saunders

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