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What are Small Business Grants?

April 26, 2017business grant business grants Grants small business small business grant

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What are Small Business Grants?

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Small business grants are funds made available to qualified entrepreneurs to either start up a new business or expand an existing small business. The main function of a small business grant is to provide resources that aid in stimulating economic growth. By granting these resources to small businesses, the hope is that the business will have time to become profitable and begin to contribute to the overall economic well being of the city or town where the business is located.