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    Home»Finance»What grants are available for small business in Texas?
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    What grants are available for small business in Texas?

    Cynthia J. WhitneyBy Cynthia J. WhitneyNovember 11, 2023No Comments3 Mins Read
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    Small business grants in Texas are available from a variety of sources, including government agencies, private organizations, and non-profits. These grants aim to support economic development, job creation, and small business growth in the state. Keep in mind that the availability of grants can change, so it’s important to verify the current status and eligibility criteria for each grant. Here are some potential sources of grants for small businesses in Texas:

    1. Texas Economic Development Agencies: The Texas Economic Development Corporation and the Texas Economic Development Council offer information on various economic development grants and incentives for businesses in the state.

    2. Texas Workforce Commission: The Texas Workforce Commission may offer grants and incentives for businesses to create jobs and provide workforce training programs.

    3. Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) Grants: These federal programs offer grants to small businesses engaged in research and development, particularly in high-tech and innovative industries.

    4. U.S. Small Business Administration (SBA): The SBA provides various grant programs and funding opportunities for small businesses, particularly in the form of loans, rather than traditional grants. However, the SBA can help connect you with lenders and resources to secure financing.

    5. Local Economic Development Corporations: Many cities and counties in Texas have their own economic development corporations or authorities that offer grants and incentives to encourage business growth in their regions. Contact your local economic development office for information on available programs.

    6. Texas Workforce Solutions: Workforce Solutions offices in Texas offer resources and programs to help small businesses with workforce development, including grants and training assistance.

    7. Non-Profit Organizations and Foundations: Some non-profit organizations and private foundations in Texas may offer grants and funding opportunities for small businesses, especially those involved in specific industries or community development projects.

    8. Texas Veterans Commission: If you’re a veteran or a business owned by a veteran, the Texas Veterans Commission offers programs and resources that can assist with financing and grants.

    9. Texas A&M Engineering Extension Service (TEEX): TEEX provides training, technical assistance, and grants to businesses focused on emergency response and workforce training.

    10. Industry-Specific Grants: Depending on your business’s focus, there may be specialized grants and programs available for your industry, such as agriculture, technology, or healthcare.

    11. Business Plan Competitions: Various organizations and universities in Texas host business plan competitions that offer cash prizes and grant opportunities for winning business plans.

    When searching for small business grants in Texas, it’s essential to thoroughly research each program’s eligibility requirements, application procedures, and deadlines. Consider working with a local Small Business Development Center (SBDC) or other business support organizations to help you navigate the grant application process. Additionally, keep an eye on local news and business resources for updates on grant opportunities that may become available.  Check out www.thegrantportal.com for grant sources.

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    Cynthia J. Whitney

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