Federal government business grants

federal government small business grants

Contrary to popular misconception, Federal government business grants are not free money to fund personal businesses or personal start-up. However, they do offer federal benefit programs to aid families and individuals in becoming self-sufficient.


But, the inquisitive-you asks, “What exactly are Federal Government Grants?”

  • They are government funds that empower projects and ideas to stimulate and boost the economy.
  • They are grants that support critical initiatives, innovative ideas and research, and other programs listed on CFDA (Catalog of Federal Domestic Assistance).

In other words, organizations and institutions with innovative projects that will benefit a section of the population or the nation, in general, are primary recipients of the Federal Government Business grants.

Therefore, the only way you can become a beneficiary of grants from the Federal Government is when you a part of these organizations or sectors.


So, a few of these grants are listed below

1. Federal Government Business Grants For Agriculture

This grant funds the agricultural sector in Nigeria. So a farmer registered under this association is automatically a beneficiary of this grant. Furthermore, it also supports small businesses intending to develop scientific entrepreneurship and technology around the federation.


However, to be eligible for this grant, you and your organization must strictly stick to the goals and objectives of this grant.

How to Apply

  • Visit grant.gov to get information on accessible locations for the forms.
  • Fill in the necessary and accurate information required by the Federal authority.
  • Submit and wait for feedback.

2. National Institutes of Health Grant

NIH is a federal government-owned institution that provides funding to small business owners and companies involved in the research and development of innovative medical technologies.

Eligibility

  • Companies or organizations applying for this federal government business grant should be research-based.
  • Furthermore, they should be innovative commercially.

How to Apply

Visit Grants.gov for a detailed guide on application procedures.

Read Also: 5 Easy Single Moms Small Business Grants

3. YouWin Connect Nigeria

YouWin is an annual Federal Government initiative to fund innovative business enterprises and ideas with the goal of job creation in mind.  Furthermore, it aims at developing and executing those ideas.

Eligibility

  • You must be a Nigerian between the ages of 18-45 years.
  • You must have a post-secondary education
  • A fully detailed business idea with the ability to function in Nigeria and employ Nigerians must be submitted.

How to Apply

  • Register on the YouWin Official Website to get login details.
  • Submit a fully detailed business plan.
  • In addition, stay glued to your email for updates.

4. Cybertipline Grant

This Federal Government Business grant focuses on empowering small businesses that provide programs to stop human trafficking and child exploitation. Furthermore, the Department of Homeland Security is responsible for the financial obligations.

How to Apply

Visit the online portal to fill out a survey from the Federal Government.

5. National Institute of Food and Agriculture (NIFA) Grants.

NIFA is a federal-owned agency under the umbrella of USDA (United States Department of Agriculture). This grants, however, focuses on nonprofit organizations, larger businesses, and leadership that tries to advance agriculture.

Furthermore, the agency disburses federal funds to tackle agriculture-related issues affecting the nation. Also, NIFA spins throughout the year, offering different grants to foster healthy competition in the agricultural sector.

How to Apply

Visit Grants.gov for a detailed guide on application procedures.

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