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Look to the States for Small Business Grants

State Development Agencies Offer Small Business Grants

By , About.com Guide

Small business grants are closer than you think. In fact, the small business grant you need to start or expand your business may be available right in your own home state.

While there are still no direct small business grants available from the federal government, many state development agencies offer direct small business grants and other types of financial assistance designed to encourage and assist entrepreneurs in starting or expand a small business.

The following is a list of links to economic development agency Web sites of each state. Whenever possible, a link to the specific financing resources is listed as well. Also remember that the federal government, through the SBA, does offer a fine array of very attractive loans to start or expand a small business.

Alabama

Alaska

Arizona

Arkansas

California

Colorado

Connecticut

Delaware

Florida

Georgia

Hawaii

Idaho

Illinois

Indiana

Iowa

Kansas

Kentucky

Louisiana

Maine

Maryland

Massachusetts

Michigan

Minnesota

Mississippi

Missouri

Montana

Nebraska

Nevada

New Hampshire

New Jersey

New Mexico

New York

North Carolina

North Dakota

Ohio

Oklahoma

Oregon

Pennsylvania

Rhode Island

South Carolina

South Dakota

Tennessee

Texas

Utah

Vermont

Virginia

Washington

West Virginia

Wisconsin

Wyoming

State Small Business Grants and Funding Hot Prospects
Small business financing incentives are an important part of the economic growth plan of every state in the nation. Some states even offer small business grants. Other small business incentives could include subsidized rates on SBA loans, tax breaks and participation in business "incubator" programs.

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