Small Business Grants in Nevada (NV)
Securing a small business grant in Nevada involves identifying the right opportunities, understanding the eligibility criteria, and preparing a compelling application. Here are some of the most relevant opportunities for businesses based in Nevada:
Governor’s Office of Science, Innovation and Technology – STEM Workforce Grants
These grants are offered by the State of Nevada to stimulate business expansion, retention, and entrepreneurial enterprise. They require stringent compliance and reporting measures to ensure the money is well spent. The amount of grant money available varies with each business and each grantor.
Rural Business Development Grants
These grants are available for businesses that serve rural areas in Nevada. There are two types of RBDG projects: Opportunity grants and Enterprise grants. The grants may be used for rural business incubators, long-term business strategic planning, and job creation at local businesses. Applications are accepted through USDA Rural Development’s local or state offices.
Las Vegas Small Business Grants
If you operate a small business in Las Vegas and are a United States citizen, you may be eligible to apply for various small business grants to expand your business. These grants are available for for-profit businesses, not-for-profit businesses, and sole proprietors who operate from their primary residence in Las Vegas.
Nevada Small Business Development Center (NSBDC) Microloan Program
The NSBDC Microloan Program provides small businesses in Nevada with access to capital. The program is designed to assist businesses that are unable to secure traditional financing.
Clark County Nevada Small Business Grant
This grant provides up to $30,000 to businesses operating in the unincorporated areas of Clark County. Funds can be used to pay rent, utilities, and payroll.
WaterStart Program
Based in Nevada, WaterStart drives job creation, conservation, and water security by bringing in innovative companies to solve water issues. This program is funded by the Nevada Governor’s Office of Economic Development.
Nevada Small Business Challenge Survey
The Nevada Small Business Development Center in the College of Business at the University of Nevada, Reno conducts a Small Business Challenges Survey. The survey collects responses from small business owners and entrepreneurs across the state of Nevada. The results of the survey may provide insights into potential grant opportunities and other forms of assistance.
Understand the specific requirements and expectations of the grantor. This includes the purpose of the grant, the amount of funding available, the application process, and the reporting requirements. It’s also important to demonstrate how the grant will benefit your business and contribute to the economic development of Nevada.