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How Do Business Grants Work?

How Do Business Grants Work?

Over 5 million applications were filed to form new businesses in the U.S. in 2021, a 53% increase from 2019. Many of these small businesses utilize grants that can be gifted from a variety of sources, including the government, non-profit organizations, and academic institutions.  What Is a Business Grant?  Small business grants primarily promote entrepreneurship to individuals, businesses, or corporations. Companies also use grants to grow their businesses using government funding programs from local to federal ...