If you are an emerging entrepreneur or own a small business, then here is something that might help you. Texas Small Business Grants are one such relief that can help people grow their business, manage it, expand and generate revenue, profits, income and job opportunities for many people.
With the objective to help small businesses in growing and expanding, there are various Texas Small Business grants offered by various Federal Government agencies, State departments and also many NGOs. You can check the below guide if you are a budding entrepreneur or know someone who can get help through this guide on how to apply for Texas Small Business Grants.
What is Texas Grants for Small Business?
Texas Small Business Grants, as the name itself clarifies a lot of parts, grant that help small businesses to grow and generate profit and revenue. Such grants check businesses from getting bankrupt and increase their productivity. These businesses could be any ranging from art, culture, religion, science, education, health and so on.
Eligible businesses and entrepreneurs can apply through the various grants for small businesses that are offered by the Federal Government, State, or other Non-Profit Organizations. Check the below article to know more about this.
Eligibility for Texas Small Business Grants
In order to be eligible for Texas Grants for Small Business, one must meet a few requirements first. Just note that different types of grants will have different eligibility criteria to be followed. The criteria can also be different for types of businesses.
The most basic requirements are as follows:-
- The size of your small business should have 500 employees or less.
- The annual receipts for the non-manufacturing businesses must be below $7.5 Million.
However, this won’t be true for all the grants. Some might differ for different grants and businesses. So before you apply for Texas Small business grants, make sure that you check the eligibility criteria for Texas small business grants from the official website.
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How To Get Business Grants In Texas?/ Apply now for Texas Small Business Grants
In order to get Business grants in Texas, one needs to have a proper business plan first. You will also need the required documents for your business. First of all, you need to create the company and then get the EIN. Then you will be available to apply for State and government business grants in Texas. Here is a step by step description of what you will need to get business grants in Texas.
- Start by making a business plan with utmost accuracy and details. It must also include essential documents like business introductions, tax statements, insurance policies and so on.
- After that, you register your business with an Employer Identification Number EIN. For this purpose, you can go to the US Revenue Service and fill in the EIN application.
- Now apply for the D-U-N-S number, which you can get through Dun & Bradstreet. The service to apply is free and might take 6 to 8 weeks to get the number. It is a 9 digits number using which you can apply for federal grants for business.
- Once you get your EIN and D-U-N-S number, you can then register your business on Grants.gov. This will help you apply for federal grants and also partnership agreements.
- On Grants.gov you will find various grants and also many local government agencies in Texas and other states that will help you with Texas grants for small businesses. You can apply for the loans and grants that you are eligible for.
- You can apply for grants by filling the application form. Make sure that you fill in the form in proper English language without the usage of any slangs or abbreviations.
Where To Get Texas Business Grants?
Given below are the organizations that might help you to get Texas Business grants for small business. We have also mentioned quite a few NGOs here that you can seek help and guidance from.
- Department of Health and Human Services, Administration for Child and Families – OHS
The Department of Health and Human Services, Administration for Child and Families is capable of offering grants and funds for small businesses. The department runs 4 different programs under this category – Head Start, American Indian/Alaska Native Head Start Grantee, Early head start Grantee, and Migrant and Seasonal head start grantee programs. These programs are also run in the states of New Mexico, Ohio, Lowe, Indiana and Nevada to offer business grants.
In order to apply for grants for small business in Texas, you can go to the official website of this department. One can get over $750,000 of funds through their program. Not just small businesses, but the state, as well as county government companies, can apply for this program too. You will have to submit your business plan within the given time based on which you will be given the grants.
- State Government for Small Business Grants Texas
States have the right to choose whether or not to promote small businesses and create job opportunities. You can know about the State Government grants for small business in Texas by contacting the State Economic Development Agency to know more about the business grants and other similar programs available. Note that the name of such an agency differs for every state.
- US Small and Medium Business Administration U.U. (SBA)
Small Business Administration U.U. or SBA is an organization that gives information about loan availability as well as grants that include – Promotional activities, Small Business workshops, and so on. You can either visit the SBA official website or go to the local nearby SBA Regional office to get more information.
- Small Business Defense Programs in Texas
The Governor’s Small Business Service Providers Workshop helps small businesses, entrepreneurs, etc., in operating, managing, expanding their business. The workshop also conducts programs that strengthen the relationship between the public and private sectors.
This workshop helps in building a network of service providers for boosting small businesses and entrepreneurs. Such workshops include development programs and teach skills to the business owners. One can get network and B2B connections along with logistics and export opportunities.
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- Department of Agriculture, Natural Resources Conservation Service
Department of Agriculture, Natural Resources Conservation Service is a state department that runs 2 grants programs by the names – Texas NRCS Urban and Rural Conservation Project and Texas NRCS Project GREEN. Under these 2 programs, the department offers over $18,500 Texas Small Business Grants.
In order to apply for the two programs of this department, you can in March when the applications are out. However, through this program, 20 candidates are helped with Texas Small Business Grants. You can apply to the programs by visiting the official website.
- Historically Underutilized Business Certification Program (HUB)
Historically Underutilized Business Certification Program helps to contract construction services and purchasing of goods. In order to be eligible, the company has to be a for-profit corporation having its headquarter in Texas. Its owner must be residing in Texas with proportionate interest.
In order to get this certification, it must have at least 51% ownership of Native American, Pacific, African American and Hispanic American, and American Asian women. You can visit the official website of the Texas Comptroller’s Office to get more information.
- DBE (Disadvantaged Business Enterprise Program)
DBE or Disadvantaged Business Enterprise Program serves the small businesses and entrepreneurs to offer equal terms to them and also the women and ethnic minority groups who are looking to conduct business with the Texas Department of Transportation (TxDOT) and similar agencies that get federal funds from the US Transportation Department.
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Small and Medium sized Business Grants for Local Business
A number of organizations conduct various programs and workshops that help local and small business with their business plans, development strategies, expansion and so on. Below are some of the ways to get Small business grants in small and medium sized businesses.
- Small Business Development Centers (SBDCs)
Small Business Development Centers work to help small businesses and entrepreneurs with help from the funds through a partnership with SBA. Apart from helping new small businesses in an establishment, the SBDC also helps in keeping the already established businesses safe.
It helps the business with various services like Business plan development, Financial packaging and financial aid, Manufacturing support, Aid export and import, Procurement and contract support, Market research support, Program support 8(a) and medical guidance, Disaster recovery support and so on.
- Veterans Business Participation Center (VBOC)
Veterans Business Participation Center or VBOC is an organization that that offers business development services like business training and counselling and resourcing partner referrals to begin or grow a small business and then extend this conversion service to National Guard, Military spouses, prospective members, and veterans.
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- SCORE for Small Business Grants Texas
SCORE is one of the most well known Non-Profit organization that advises and mentors small business owners and emerging entrepreneurs. They do so through thousands of business counsellors who are the Volunteers of this NGO. It is based in the US. Not just in the urban areas, but there are hundreds of SCORE business counsellor/mentors that advise in the suburbs and rural communities.
- US UU Export Support Center in Texas
US UU Export Support Center in Texas or USEAC is a worldwide spread organization that offers products and services through their business professionals. They have a wide network in over 100 cities in Texas and the US and more than 80 countries on the globe. They are mostly known for helping small businesses in exporting their services and products.
- Women’s Business Center (WBC)
As the name suggests, the Women’s Business Center works to help women to start and expand their small businesses. The organization has over 100 education centres in the US. Through business workshops and personal counselling, they help women grow as entrepreneurs. You can visit their official website to get Texas Small Business grants for women. You might also want to see Grants For Stay At Home Moms Apply now!
- Procurement Technical Assistance Center (PTAC)
Procurement Technical Assistance Center or PTAC is a nationwide spread network of dedicated procurement experts who help the local small businesses with Competing in the government markets. You can get these grants for small business in Texas, depending on the business plan.
- Alternative Sources Of Getting Texas Business Grant
There are many other ways to get small business grants like selling e-books, directories, and so on. Going to a professional club can help too. You can also opt for Crowdsourcing or Crowdfunding for your creative work.
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I hope you all could find the above article of use and could apply for Texas Small Business Grants. In case you have any further questions about the Texas business grants, then feel free to comment down below. We will get back to you as soon as possible!
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