From reducing income disparities to improving busy commercial districts, small business grants can benefit communities in numerous ways. That’s why several cities, counties, and local organizations have recently launched their own funding programs. Read about several current opportunities and initiatives related to small business grants below.
East Buffalo Small Business Working Capital Grant Program
Empire State Development recently launched the third funding round of its East Buffalo Small Business Working Capital Grant Program. The program awards grants of between $5,000 and $50,000 to businesses in designated parts of East Buffalo, largely helping minority-owned establishments. Initially launched in response to the mass shooting at a Tops Friendly Market on Jefferson Avenue in 2022, the program includes a total of $3 million in funds and has already helped nearly 70 businesses, providing more than $800,000 over the previous two funding rounds. The program is currently accepting applications and will continue to do so through May 10.