As the economy has declined over the last few years, a number of small businesses and large corporations are turning to alternative methods of continuing their operations. Several grants are currently available from the federal government to small businesses and large corporations in the form of business federal business grants. Federal business grants are readily available to entrepreneurs for research and for assistance in growing their workforce.

The federal government currently has open solicitations for a small business federal grant for research, the Small Business Innovation Research (SBIR) grant. The SBIR is a unique opportunity that allows small businesses to develop a proposal that demonstrates an innovative approach to conducting research in a defined area that has been pre-determined by the federal government. Opportunities are presently available from the US Department of Health and Human Services (HHS) and the National Science Foundation (NSF). Grant amounts very widely depending on the organization for which the research will be conducted and the given the scope of the research to be conducted. For more information on small business federal grant open solicitations visit: SBIR/STTR.

An additional small business federal grant offered by various departments within the US government is the Small Business Technology Transfer (SBTT) grant. SBTT federal business grants are very similar to the SBIR mentioned above. However, to obtain a SBTT federal business grant from the federal government the entity must agree to partner with a research institution to conduct their research. For more information visit: SBIR/STTR.

The federal government is currently offering a “Commercial Solar Energy Grant”, in the form of a business government grant for those desiring to use solar energy in their operations. This business federal grant allows for 30% of the total costs for all projects begun in 2011 to be granted to the business.

Additionally, the US Department of Labor has allocated funding from the American Reinvestment and Recovery Act (ARRA) in the form of business government grants to individual state Department of Labor offices to assist companies in reimbursing themselves for their costs associated with training individuals. These individuals have to have been recently hired and must have been deemed to have been unemployed for a period of 16 weeks or longer. As an example of how this federal business grant is being used in one state.

For guidance and tips on applying for business government grants, visit the page entitled: Federal Government.

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