Here’s how to get free money for your business

Here’s how to get free money for your business

Grants have helped many businesses affected by the pandemic. Between the federal government, state programs and private organizations, small-business owners have received billions in funding they won’t need to repay.

Dollar bills have been dropped into a tip jar at a carwash in the Brooklyn borough of New York. [AP File Photo/Mark Lennihan]

This aid may dry up as the country shifts from relief to recovery.

“I think we are coming toward the end of this type of funding,” says Annie Donovan , chief operating officer of the Local Initiatives Support Corporation, a New York-based not-for-profit that’s provided more than $200 million in grants via COVID-19 relief programs.

But if you’re still looking for free money for your business, other small-business grants may help meet your needs. Here’s how to get them.


Business owners affected by the pandemic can try for federal grants, for now. The Shuttered Venue Operators Grant program, which launched in April , is open to businesses like movie theaters, museums and performance halls until its roughly $16 billion is exhausted. Applications have closed for additional grant programs like the Restaurant Revitalization Fund.

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