As we bid farewell to an extraordinary 2023, we’re thrilled to celebrate the outstanding accomplishments of our startup ecosystem. Since Startup Runway’s inception in 2016, we’ve witnessed 187 exceptional Finalists emerge, collectively raising an impressive $100 million. In 2023 alone, we held six pitch showcases, awarding a record-breaking 14 grants that totaled over $140,000, supporting underrepresented founders in partnership with the Partnership for Inclusive Innovation. Our heartfelt gratitude goes to our dedicated team, sponsors, mentors, VCs, finalists, and collaborators for supporting our mission of plugging investors into top startups led by underrepresented founders.
2024 Small-Business Grants: Your Gateway to Success
In our commitment to closing the funding gap experienced by underrepresented founders, we aim to provide resources that foster their success. Founders, explore this list of small business grants that you can apply for this month to start the year off with a bang.
- Hello Alice’s “American Dream” Grants: $1,000 Opportunity
- Nominate your small business for a chance to win $1,000 and gain exposure through a small-business accelerator.
- Application Deadline: April 30, 2024.
- Papaya Reusables $10,000 Grant: Empowering Women-Owned Businesses
- Women-owned businesses can apply until March 31, 2024.
- Applicants share their mission and grant utilization plans, including a short video message.
- Verizon Small Business Digital Ready Grants: Roll With It All Year
- Sign up for free and access up to $1 million in grant funding throughout the year.
- Complete courses, coaching, or participate in community events to be eligible.
- National Science Foundation’s America’s Seed Fund: A Year-Round Opportunity
- Submit project pitches anytime during the year for a chance at the $200 million in annual grant funding.
- National Association for the Self-Employed: $4,000 Growth Grant
- This rolling grant opportunity has awarded nearly $1 million since 2006 (note that this grant is exclusive to its members).
- Atlanta Startup Growth Loan Program: Loans from $50,000 – $150,000
- Supported by Wells Fargo, this program aids Atlanta tech startups in acquiring assets for growth.
- Apply today to check your startup’s eligibility.
Resources and Websites for Small Business Grants
Here are some additional resources to help you navigate the landscape of small business grants:
- Hello Alice offers small business grants, often partnered with big organizations such as FedEx and DoorDash.
- Hello Skip showcases grant opportunities and provides one-on-one consulting.
- Grants.gov is a federal government website listing diverse grant opportunities.
Exploring Funding Beyond Grants: Small-Business Loans
Founders can also explore alternative avenues for financial support in 2024. Tailored to meet specific needs, the following small business loans and programs offer a holistic approach to funding:
- CHIPS Act Funding Programs and Tax Credits
- Aimed at larger companies, actively seeking small-business partners and suppliers.
- Small Business Administration’s 7a Lending Program
- Expanded eligibility, increased loan limits, and streamlined processes to encourage applications.
- USDA’s Business and Industry Loan Guarantee Program
- Up to 80% loan guarantees, making it ideal for small businesses in rural areas.
Exciting News from Startup Runway
Looking ahead, our next showcase is scheduled for March 21st, 2024, and we’re excited to announce that applications are open. We can’t wait to embark on another year of startup success and hit more milestones in 2024!