Small Business Grants in Missouri (MO)

Securing a small business grant in Missouri involves identifying the right opportunities, understanding the eligibility criteria, and preparing a compelling application. Here are some of the most relevant opportunities and steps to secure them:

Missouri Department of Economic Development Small Business Grant Program
This program offers grants to small businesses to create resiliency and help accelerate their ongoing recovery, with specific support for minority and women-owned businesses. The total allocation for this program is $10,000,000. To be eligible, applicants must demonstrate proof of declining revenues or gross receipts. The applicant must be at least 51% owned and controlled by one or more minority individuals. Businesses are not required to be certified by any government entity to be eligible, but if a business is so certified, it may submit proof of certification instead of a self-attestation.

St. Louis City Small Business Grant Fund
This program is for small businesses located in the City of St. Louis. To be eligible, your business must meet all the following criteria: have 25 or fewer full-time equivalent (FTE) employees, the primary place of business must be located in the City of St. Louis, and the business must have been adversely impacted as a result of COVID-19. The business must also have and maintain an active City of St. Louis Business License at the time of application and receipt of grant funds.

Sharp End Entrepreneurial Development Fund Grant
This grant provides no-cost funding to Columbia-area businesses. Community donations fund this type of grant. Besides financial support, minority- and women-owned businesses receive free coaching, networking opportunities, and business guidance.

Greater St. Louis Diverse Business Accelerator Grant
This grant is specifically for women who are business owners. If you’re a woman planning to start a business in Missouri and in need of funding, you can consider applying for this grant.

Skip Small Business Grant Program
This program accepts applications year-round and offers a grant amount of $1K. It is open to all small business owners and entrepreneurs.

You will need to prepare a detailed application that includes your business plan, financial statements, and a clear explanation of how the grant funds will be used. You should also be prepared to demonstrate how your business will contribute to the economic development of Missouri. It’s important to follow all application guidelines and deadlines closely to increase your chances of success.