Government Grants for Small Business

While the federal government does not provide grants for starting or growing small businesses, it does provide a myriad of services to assist entrepreneurs in pursuit of their dreams. One of the mechanisms in place to promote small business growth and economic development is the Community Development Financial Institution Fund managed by the US Department of the Treasury. In the current fiscal year the federal government is allocating more than $12 Million to support CDFIs.

Small Business Resources in Your State



Community Development Financial Institutions fall into four categories:

  • Community Development Loan Funds
  • Community Development Credit Unions
  • Community Development Banks - Including Thrifts and Holding Companies
  • Community Development Venture Capital Funds

The genesis of the Community Development Financial Institution Fund was the Riegle Community Development and Regulatory Improvement Act of 1994. The reason for the fund's existence is to foster economic revitalization and community development.

Community Development Financial Institutions by State





Featured Government Grant Resources


Secondary Market Lending Authority Program

The Small Business Administration has constituted the Secondary Market Lending Authority program, one which aims to provide liquidity for the secondary market, thereby ultimately encouraging new lending opportunities from banks of Small Business Administration guaranteed loans.







Community Development Credit Unions

A Community Development Credit Union, more commonly known as a CDCU, is a credit financial institution which owned and controlled by its members in an effort to sustain the ability of being able to provide a wide array of financial services.





Social Entrepreneurship
Spotlight



Declara’s Social Enterprise Network Garners $16M Funding, Helps Teams Communicate Efficiently

Declara’s Social Enterprise Network Garners $16M Funding, Helps Teams Communicate Efficiently
Declara’s founder Ramona Pierson has recently raised a new $16 million for her company to further its global...








More Federal Domestic Assistance Programs


Strengthening the Nation's Public Health System through a National Voluntary Accreditation Program for State, Tribal, Local and Territorial Health Departments | VHA Home Care | Rural Housing Stability Assistance Program  | Child Care Access Means Parents in School | U.S. Refugee Admissions Program |  Site Style by YAML | Grants.gov | Grants | Grants News | Sitemap | Privacy Policy


Edited by: Michael Saunders

© 2004-2019 Copyright Michael Saunders