Small Business Grants in Arkansas (AR)

Securing a small business grant in Arkansas involves identifying the right opportunities, understanding the eligibility criteria, and preparing a compelling application. Here are some of the specific opportunities available in Arkansas:

Arkansas Economic Development Commission (AEDC)
The AEDC offers several funding opportunities for small businesses. The Technology Transfer Assistance Grant (TTAG) can fund up to $3,750 of costs associated with transferring new or existing technology from a qualified applicant. The Arkansas Venture Capital Development Fund and the Arkansas Venture Development Fund provide matching investments in Arkansas technology-based companies at various stages of growth and development.

Arkansas Capital Corporation
This private, nonprofit lending corporation provides flexible financing through loans for small and large businesses.

Communities Unlimited
This nonprofit helps to build small businesses in rural communities by making loans of $1,000 to $100,000.

Arkansas Small Business Guaranty Program
This program helps small businesses obtain financing for labor and materials necessary to complete specific governmental and/or private contracts.

Verizon Small Business Digital
From October 12 to December 20, 2023, small businesses had the chance to apply for grants totaling $500,000.

Arkansas Ready for Business Grant Program
This program provides grants from $1,000 to $100,000, depending on the number of employees, to assist with COVID-19-related expenses.

Amber Grants for Women
This organization offers monthly grants of up to $10,000 to support female entrepreneurs starting businesses.

To apply for these grants, you’ll need to prepare a detailed application that demonstrates your business’s potential for growth, its financial needs, and how the grant funds will be used. You may also need to provide financial statements, a business plan, and other supporting documents.

Carefully review the eligibility criteria and application guidelines for each grant before applying.