Frequently Asked Questions

28. How can I receive grant money for my small business?

To our knowledge, there is no grant money available for starting a small business. In some cases, there may be grant programs available to existing small businesses or entrepreneurs for a particular industry serving a specific purpose, such as a lunch program for a day care or research and development for technology businesses. However, these programs are typically narrow in scope. Most small business owners have to look to personal resources and loans to finance their small business. Nonprofit organizations, 501(c)(3), are the most likely candidates to receive grant monies.

Small Business Grant Information

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Start Your Own Business | Obtaining Small Business Financing

The Arkansas Small Business Development Center is funded in part through a cooperative agreement with the U.S. Small Business Administration through a partnership with the University of Arkansas at Little Rock College of Business and other institutions of higher education. All opinions, conclusions or recommendations expressed are those of the author(s) and do not necessarily reflect the views of the SBA. It is the goal of UALR to eliminate discriminatory harassment and to promote equal opportunity regardless of race, gender, color, national origin, sexual orientation, age, religion, veteran’s status, or disability.