English
Arabic
Chinese (Simplified)
Dutch
French
German
Italian
Portuguese
Russian
Spanish
Back to Business Grants 2022 Program Now Available for Small Business.
Back to Business Grant: The Back to Business (B2B) is now accepting application into its grants program that aims to help small businesses recover from the COVID-19 pandemic. See requirements and how to apply.
About Back to Business Grants
The $250 million Back to Business (B2B) grants program is designed to help small businesses recover from the COVID-19 outbreak.
The Back to Business (B2B) grant program builds on the success of the Business Interruption Grant (BIG) program from last year.
Small businesses, on the other hand, can get help with the B2B application process and other upcoming or continuing state or federal economic recovery grant programs.
The Department of Commerce & Economic Opportunity (DCEO) has invested $9 million in support of Community Navigator organizations working in every region of the state.
These organizations will offer technical help to enterprises, with a focus on minority, rural, veteran, and women-owned firms.
Funding is Now Available
➛ $250 million to small businesses across the state that experienced losses in 2020 due to COVID-19, including the following set-asides.
➛ $100 million – Businesses located in Disproportionately Impacted Areas (DIAs).
➛ $30 million – Arts and entertainment businesses that didn’t receive Shuttered Venue Operators grants.
➛ $25 million – Restaurants and taverns that didn’t receive the Restaurant Revitalization Fund.
➛ $25 million – Hotels.
➛ $25 million – Businesses that didn’t receive a BIG grant due to exhaustion of funds.
➛ Grants will range from $5,000 to $150,000 per business and can be used to cover a wide range of operations/staff/overhead costs.
➛ Up to $250,000 for hotels
Eligibility Requirements
➛ Businesses with revenues of $20 million or less in 2019 and a reduction in revenue in 2020 due to COVID-19
➛$35 million or less for hotels
➛ Priority will be given to the following categories:
➛ Hard-hit industries (see eligibility guidelines for a full list of priority industries and their definitions)
➛ Hard-hit areas – DIAs comprising of 176 zip codes
➛ Businesses who have yet to qualify for state funding or federal assistance (including the Paycheck Protection Program (PPP), Restaurant Revitalization Fund (RRF), business Interruption Grant (BIG), Shuttered Venue Operators Grant (SVOG), and more)
➛ Businesses that had less than $5 million in revenue in 2019
➛ Eligibility guidelines are also available in Spanish, Polish, Chinese, Hindi, and Arabic
➛ Upon receiving an award, all grantees will need to sign the program Certification Agreement
Click here to learn more about the eligibility requirement on Business Grants 2022.
Read Also:
- World Bank Grant
- Categorical Grants
- Minority Small Business Grants
- County Grants For Small Businesses
- Nea Student Success Grant for Interesting Students
- USA COVID-19 Small Business Loans/Grant SBA
- KKR Small Business Builders Grants Application Form
How to Apply for Back to Business Grants 2022
Follow the steps below to apply for the Back to Business grants 2022
➛ Applications can be tracked in real-time
➛ Check out the videos on how to fill out the application in English and Spanish
➛ Allies for Community Business (A4CB), DCEO’s grant administrator, is now accepting applications (create an account first and then select your language of choice)
➛ Learn about the information and documentation required
➛Documentation required also available in Spanish, Polish, Chinese, Hindi, and Arabic
➛ Documentation needed:
➛ Business owner ID (ITIN business owners eligible)
➛ Business’s 2019 AND 2020 Federal tax returns
➛ Two (2) business bank statements – one from the period April through December 2020, and the most recent statement
Other Small Business Grants
Here we have lists of small back to business grants 2022. Kindly go through them and apply as soon as possible:
1) Shuttered Venue Operators Grant
As part of the Economic Aid to Hard-Hit Small Businesses, Nonprofits, and Venues Act, the SBA created the COVID-19 grant.
Also, Operators of Shuttered Venues Individuals affected by the pandemic, such as movie theatre proprietors, talent agents, and others, are eligible for grants.
Therefore, applicants who meet the criteria can get a grant worth up to 45 per cent of their gross earnings. It capped the award amount at $10 million.
As of August 2021, applications for Shuttered Venue Operators Grants are closed.
Also, the SBA intends to open the program for supplemental grants worth 50% of the original award amount, capped at $10 million, but has not yet announced additional details.
➛ Visit the SBA website for updates on this timing.
2) State-Based COVID-19 Relief Grants
In 2020, many local COVID-19 grants and relief funds assisted businesses that were suffering as a result of the pandemic.
Some of these initiatives, like the Minnesota DEED Small Business Relief Grant Program and the Denver Economic Development and Opportunity Relief Package, have run out of money and are no longer accepting applications.
This year, though, some states and towns have continued to provide help. California legislation will passed the bill in 2022, for example, will provide up to $25,000 in small company incentives.
New York State’s COVID-19 Pandemic Small Business Recovery Grant Program is also awarding grants of up to $50,000.
To remain on top of free money chances, keep an eye on your state’s department of commerce website or grants portal, as well as groups like your local chamber of commerce.
3) Small Business Innovation Research Program
The SBIR program is designed for small businesses engaged in research and development that have commercial potential.
However, the SBIR aims to stimulate technological innovation and scientific entrepreneurship.
Hence, Eleven government agencies participate in the program, and each creates their own eligibility guidelines, research and development topics, and reviews applications.
Grants generally start between $25,000 and $250,000, but if your business shows promise, then you can receive additional small business grants of more than $1 million.
4) Small Business Technology Transfer Program
The STTR has similar goals as the SBIR program but requires their small business applicants to collaborate with a research institution.
Five federal agencies currently participate in this program, setting aside a bit of their budget to work with small businesses.
As with the SBIR grants, these federal business grants start at $25,000 and then go up to more than $1 million.
Let’s take a closer look at the five main federal agencies that participate in the SBIR and STTR programs and their more specific grants.
5) National Institute of Food and Agriculture
This branch of the Department of Agriculture supports research and development in the agricultural field specifically.
Topics for grant funding for small businesses include forestry, food science and nutrition, aquacultural, biofuel products, animal protection, and more.
6) Colorado Export Development Grant
Colorado regularly ranks as one of the best states for startups and entrepreneurship, and the state government is helping to make sure that innovation continues in this state.
Colorado offers government grants for many types of small and medium-sized businesses, especially businesses that are interested in international development or that are involved in advanced industries like robotics.
7) Iowa Business Development Grant Recycling
Iowa provides a wide range of business development grants. The state’s focus is on businesses that create manufacturing jobs and enhance Iowa’s other industries.
There are also grants for retail businesses that are rehabilitating downtown buildings. You can see the latest opportunities on Iowa’s grants portal.
8) Kansas Job Creation Fund
The Kansas Job Creation Fund gives grants to businesses looking for help to establish themselves in Kansas.
The fund typically disburses the grant money to recipients over five years as their company reaches certain investment and employment benchmarks.
9) Louisiana Community Development Block Grant
The Office of Community Development aims to improve the living environments and economic opportunities for Louisiana’s low-income residents.
Although small businesses can’t apply directly, you can contact the state or local government branches that are most relevant to your business’s function and see if you can receive funding to do community work.
There are also disaster recovery grants that are issued to businesses affected by hurricanes.
10) Maryland Child Care Quality Incentive Grant Program
The Maryland Division of Early Childhood Development plans to reopen its CCQIG program for local child care facilities in the 2022 fiscal year.
They awarded this small business grant quarterly.
11) Cleveland Department of Economic Development
Many communities, including Cleveland, which we’ll use as an example in this section, have small company grants and efforts to encourage entrepreneurship.
12) Job Creation Tax Abatements
Your small business might be in an Enterprise Zone (as Ohio terms it), or a similar type of area, and accordingly be offered tax incentives for projects or operations that create jobs.
These aren’t technically small business grants, but they put additional money in your business’s pocket that you can use to grow.
13) Tech Delta Grant Program
Small businesses in the tech space that create five or more jobs in the city of Cleveland can apply for this grant that awards funding on a square-foot basis—$5 per square foot, up to $50,000 to expand operations or lower rent costs.
14) Ben Franklin Technology Partners
Ben Franklin Technology Partners has been investing in startups in central and northern Pennsylvania for more than 30 years.
Tech startups can potentially receive up to four-yearly infusions of cash totalling around $500,000. Small manufacturers may be eligible for a one-time investment of up to $250,000.
15) Chicago Small Business Improvement Fund
The SBIF supports small businesses repairing or remodelling their location, whether by updating windows and floors, replacing signage, or purchasing nearby property to expand into.
Note that you’d receive this matching grant after completing and paying for your remodelling, so be cautious—plenty of other businesses are likely competing for small business grants like these.
16) Miami Mom and Pop Small Business Grant
If you’re in Miami and have been in business for at least a year, apply to this program meant to “bridge the gap between local government and small owned and operated businesses.”
If you have any questions concerning Back to Business Grant, please feel free to use the comment box below and ask us your question. We will be very pleased to answer you.
You can share this information, with your family and friends, as it will be helpful to someone. Please share it on Twitter, Facebook, G+, Whatsapp or Email it to friends. Use the buttons below to do this.
