Let’s break down some of the most popular types of grants and see how much funding can be secured for one application.
It’s truly overwhelming how much grant funding there is available. We often see Food & Beverage businesses getting caught up trying to tell how much free money they can get. With thousands of programs, different types of grants, and millions of dollars in available funding, it can be almost impossible to calculate this on your own. Let’s break down some of the most popular types of grants and see how much funding can be secured for one application.
Getting the most out of grants can be difficult–there’s a lot of strategy and technique involved. In general, one has to have a certain level of expertise in applicant criteria and eligibility requirements for many of the programs out there. Furthermore, grants can be combined or “stacked,” meaning that you might be able to secure funding for multiple projects at the same time, from the same or different programs. To learn more about stacking grants, check out our article on The Ins and Outs of Stacking Grants.
Securing funding isn’t just about evaluating an application against a program’s criteria. Programs will prioritize certain “X-factors” and have their own internal mandates/quotas that control their decision-making. The best way to learn as much as you can is to reach out to the program you want to apply for and ask questions.
Curious about how much grant funding your small business qualifies for? Head on over to our Grant Calculator to find out!
Ready to get started with Food & Beverage grants and securing some free money? Before you get going, there’s some key information you will need to know.