Top Business Grants for Startups in 2024

Financial Strategy Business Grants

Starting a business is a bold and exciting venture, but securing funding can often be a significant hurdle. Did you know that millions of dollars in business grants are available each year to help startups like yours? These grants can provide the financial boost you need to turn your business dreams into reality. Let’s dive into the top business grants for startups in 2024 and how you can successfully apply for them.

1. Small Business Innovation Research (SBIR) Program

The SBIR program is one of the most sought-after grants for startups, particularly those in technology and research. This federal program supports scientific excellence and technological innovation through the investment of federal research funds.

– Grant Amount: Up to $1.15 million

– Eligibility: Small businesses engaging in R&D with commercialization potential

– Application Process: Submit a proposal through the SBIR website during open solicitations

2. Small Business Technology Transfer (STTR) Program

Similar to the SBIR, the STTR program focuses on the collaboration between small businesses and research institutions. This grant aims to foster innovation and facilitate the transfer of technological advancements from the lab to the marketplace.

– Grant Amount: Up to $1 million

– Eligibility: Small businesses partnering with non-profit research institutions

– Application Process: Apply via the STTR website during open solicitations

3. Amber Grant for Women

The Amber Grant is specifically designed to help women entrepreneurs achieve their business goals. Each month, one grant of $10,000 is awarded to a woman-owned business, with a year-end grant of an additional $25,000.

– Grant Amount: $10,000 monthly, $25,000 annually

– Eligibility: Women-owned businesses

– Application Process: Simple online application highlighting your business journey and goals

4. FedEx Small Business Grant Contest

The FedEx Small Business Grant Contest offers substantial financial awards to innovative small businesses. This contest also provides winners with FedEx Office® print and business services credit.

– Grant Amount: Up to $50,000

– Eligibility: Small, for-profit businesses in operation for at least six months

– Application Process: Submit a profile, including a business story and photos, and encourage your community to vote for you

5. National Association for the Self-Employed (NASE) Growth Grants

NASE offers growth grants to help small businesses take the next step in their business development. These grants can be used for a variety of business needs, including marketing, advertising, and hiring employees.

– Grant Amount: Up to $4,000

– Eligibility: NASE members in good standing

– Application Process: Submit an online application detailing your business plan and how you would use the funds

6. Visa Everywhere Initiative

The Visa Everywhere Initiative is a global innovation program that tasks startups with solving commerce challenges and enhancing the payments ecosystem. Winners receive funding and access to Visa’s vast network of resources.

– Grant Amount: Up to $50,000

– Eligibility: Startups in fintech and payments sectors

– Application Process: Apply online with a detailed pitch of your innovative solution

7. The Halstead Grant

The Halstead Grant is specifically for jewelry artists looking to establish themselves in the industry. This grant includes cash, supplies, and support to help burgeoning jewelers succeed.

– Grant Amount: $7,500 in cash, $1,000 in supplies

– Eligibility: Jewelry artists starting or growing their business

– Application Process: Submit a portfolio, resume, and answers to specific business-related questions


By leveraging these top business grants, you can secure the funding needed to fuel your startup’s growth and innovation. Each grant has its unique benefits and application process, so be sure to research thoroughly and apply diligently. Good luck, and here’s to your startup’s success!

Call to Action

Navigating the world of business grants can be overwhelming, but the potential rewards make it worth the effort. For personalized assistance and expert advice on applying for these and other business grants, reach out to our COO, Anshul Goyal, at Let us help you secure the funding your startup deserves and take your business to new heights in 2024!


The information provided in this blog is for general informational purposes only and does not constitute professional advice. Always consult with a qualified professional before making any business decisions or applying for grants.


1. What are business grants for startups?

Business grants for startups are non-repayable funds provided by various entities, including government bodies, to support new businesses and their growth.

2. Who can apply for business grants?

Eligibility varies by grant, but typically startups, small businesses, and certain industry sectors can apply. Specific grants may have additional criteria.

3. How can I find suitable business grants for my startup?

Use resources like, industry-specific organizations, and business development agencies to identify relevant grants for your startup.

4. What are the typical requirements for a grant application?

Common requirements include a detailed business plan, financial statements, proof of eligibility, and sometimes a proposal or pitch.

5. How do I increase my chances of getting a grant?

Research thoroughly, ensure your application is well-prepared and error-free, meet all eligibility criteria, and provide compelling reasons for why your startup deserves the grant.

6. Are there grants specifically for women entrepreneurs?

Yes, grants like the Amber Grant for Women specifically support women entrepreneurs and their business endeavors.

7. Can I apply for multiple grants simultaneously?

Yes, you can apply for multiple grants as long as you meet the eligibility criteria for each and can manage the application processes.

8. What should I do if my grant application is rejected?

If rejected, seek feedback, improve your application, and reapply. Also, explore other grant opportunities that may be a better fit for your startup.

9. How long does it take to receive grant funds once approved?

The timeline varies by grant. It can range from a few weeks to several months depending on the grantor’s review and disbursement process.

10. Can I use grant funds for any business expense?

Grant usage is often specified by the grantor. Ensure you understand and comply with the terms and conditions regarding how the funds can be used.

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