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Growth Accelerator Fund Competition is sponsored by U.S. Small Business Administration (SBA). The SBA Growth Accelerator Fund Competition provides prize awards to accelerators and other entrepreneurship ecosystem models that support the growth of startups and small businesses in parts of the country where there are gaps in the entrepreneurial ecosystem.
Awards are used to fund operational costs of accelerator programs focused on underserved communities and emerging technology sectors.
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Grants | U.S. Small Business Administration Find out about SBA's limited small business grants for scientific research, community promotion of entrepreneurship, and exporting. What you need to know about small business grants SBA does not provide grants for starting and expanding a business. SBA provides grants to nonprofits, Resource Partners, and educational organizations.
These grants aim to support entrepreneurship through counseling and training programs. SBA only communicates from email addresses ending in @sba. gov .
If you are contacted by someone claiming to be from SBA, check their address. If they are not using an official SBA email address, you should suspect and report fraud . SBA provides grants to help empower small manufacturers as part of the Made in America Manufacturing Initiative .
Research and development grant programs Does your small business engage in scientific research and development? If so, you may qualify for federal grants under the following programs: Small Business Innovation Research (SBIR) Small Business Technology Transfer (STTR) These programs encourage scientific research that helps meet federal research and development objectives.
If they are successful, they have high potential for commercialization. Grants for community organizations SBA offers grants to community organizations that promote entrepreneurship.
These include those that support: veteran-owned small businesses service-disabled veteran-owned businesses Small Business Development Centers (SBDCs) Exporting grants for state entities SBA's State Trade Expansion Program (STEP) helps businesses that want to export. STEP provides financial awards to state and territory governments.
Based on current listing details, eligibility includes: Accelerators, incubators, co-working spaces, makerspaces, and other entrepreneurship ecosystem organizations. Priority given to programs serving underserved communities, women-owned businesses, veteran-owned businesses, and businesses in opportunity zones. Applicants should confirm final requirements in the official notice before submission.
Current published award information indicates Prize awards of $50,000 each; number of awards varies by appropriation. Always verify allowable costs, matching requirements, and funding caps directly in the sponsor documentation.
The current target date is rolling deadlines or periodic funding windows. Build your timeline backwards from this date to cover registrations, approvals, attachments, and final submission checks.
Federal grant success rates typically range from 10-30%, varying by agency and program. Build a strong proposal with clear objectives, measurable outcomes, and a well-justified budget to improve your chances.
Requirements vary by sponsor, but typically include a project narrative, budget justification, organizational capability statement, and key personnel CVs. Check the official notice for the complete list of required attachments.
Yes — AI tools like Granted can help research funders, draft proposal sections, and check compliance. However, always review and customize AI-generated content to reflect your organization's unique strengths and the specific requirements of the solicitation.
Review timelines vary by funder. Federal agencies typically take 3-6 months from submission to award notification. Foundation grants may be faster, often 1-3 months. Check the program's timeline in the official solicitation for specific dates.
Many federal programs offer multi-year funding or allow competitive renewals. Check the official solicitation for continuation and renewal policies. Non-competing continuation applications are common for multi-year awards.