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Grants for Business Launch and Growth
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As a service for our small business clients, the Pace SBDC keeps a running list of grants that provide financing to entrepreneurs looking to grow or expand their small businesses. If you're looking for COVID-19 relief related grants, check out our Privately-Funded COVID-19 Grant Programs and Government-Funded COVID-19 Grant Programs pages.

Privately-Funded Growth & Launch Grants

The New York State Department of Agriculture and Markets, in partnership with the Northeast Regional Food Business Center and the National Association of State Departments of Agriculture Foundation, launched a $10 million program to support small- and mid-sized farm and food businesses for projects that support businesses in scaling their operations, expanding markets, and strengthening the regional food supply chain. Awards in this round will range from $15,000 to $100,000 for Equipment Acquisition, Business Development and Product and Market Expansion.

Deadline: 04/07/25

Spectrum Reach's Pay It Forward program offers selected small businesses free advertising campaign worth up to $15,000, including live and streaming TV, a custom-produced 30-second commercial, expert marketing consultation services and mentoring

 

Deadline: 12/31/2025

The Amber Grant by WomensNet is providing $10,000 and $25,000 grants for female entrepreneurs to achieve their business dreams.

To be eligible, applicants must be a women-owned business or a female entrepreneur. Further, Applicants must share their business or business idea and explain how they would use the grant money.

 

Deadline: Monthly

Public Sector Grant Programs
New York State has launched a Pre-Seed and Seed Matching Fund Program which will offer early-stage start-up companies in high-growth industries $50,000 to $250,000 in growth assistance, which they will match with funds from private sector co-investors. 
SBIR/STTR programs support scientific excellence and technological innovation through the investment of Federal research funds in critical American priorities to build a strong national economy.
The Global NY State Trade Expansion Program (STEP) offers reimbursable grants of up to $5,000 to qualifying small and medium-sized business engaging in exporting for expenses related to participation in trade missions, trade shows exhibitions, export training, website translation, and development of international marketing campaigns.
As of 1/25/24 all STEP funding has been allocated. Any applications submitted on or after 1/25/24 will be accepted and put on a waiting list. If funds become available, companies from the waiting list will be notified.

The Global NY Grant Program offers reimbursable grants of up to $25,000 to help companies customize for export markets, participate in trade shows, and undertake product adaptation to meet foreign regulatory requirements. 

HVAC small businesses can hire students and recent grads and get reimbursed for up to 90% of intern wages! The program offers access to a pool of qualified candidates and supports flexible internship schedules.

NYC's Department of Small Business Services offers a Customized Training Grant Program to reimburse 60% of training costs incurred by eligible small businesses. Businesses must train at least 10 employees who are either currently or after training will be working full time, be based in NYC, and must pay for training upfront as the program reimburses participants quarterly.

The New York State Department of Labor has grants available for businesses who wish to train both existing and new employees. Each of their programs have unique eligibility requirements and generally necessitate that businesses have and train more than one employee.

Empire State Development’s Employee Training Incentive Program provides tax credits to science and technology businesses that train employees (50% of eligible training costs, up to $10,000 per employee receiving eligible training) and/or host internships (50% of the stipend paid to an intern, up to $3,000 per intern).

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Pace University SBDC

1 Pace Plaza, Room W501

New York, NY, 10038   

CONTACT

Office:  (212) 618-6655

Email:  sbdc@pace.edu

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A, C, J, Z, 2, 3, 45 to Fulton St

E to World Trade Center
6 to Brooklyn Bridge

Partnership Program with the SBA, administered by the State University of New York. Funded in part through a Cooperative Agreement with the U.S. Small Business Administration.  All opinions, conclusions or recommendations expressed are those of the author(s) and do not necessarily reflect the views of the SBA. All SBA funded programs are extended to the public on a nondiscriminatory basis.

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