There are a growing number of government grants and other funding programs to support small businesses. Some come in the form of stimulus funding through the American Rescue Plan Act, others are state grants to help businesses export products to overseas markets, and there are the well-known federal programs that fund small business innovation and research.
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Federal Growth Accelerator and Catalyst Funds Support Small Businesses
As it aims to support inclusive entrepreneurship in the innovation ecosystem, the U.S. Small Business Administration Office of Investment and Innovation (OII) coordinates an annual competition for the nation’s most innovative and promising small business accelerators, incubators, and business catalysts.