Small businesses are the backbone of the American economy, but they often require financial assistance to get off the ground. Luckily, Kansas has a wide range of grant programs designed to support small business owners in their entrepreneurial endeavors. In this article, we’ll take a closer look at some of the top Kansas small business grants to apply for in 2021.
1. Kansas Microloan Program
The Kansas Microloan Program is ideal for first-time business owners who need cash for startup costs, inventory, or other working capital. Microloans provide up to $50,000 in funding, and repayment terms can be up to six years, making these loans perfect for small businesses just getting started.
2. Kansas Community Investment Program
The Kansas Community Investment Program (KCIP) is a grant program that provides financial assistance to small businesses that create jobs, especially in rural areas. The KCIP is an excellent option for established businesses looking to expand operations, as the maximum award amount is $200,000.
3. Network Kansas E-Community Program
The Network Kansas E-Community Program is designed to support small businesses in rural Kansas through a combination of funding, mentoring, and business development resources. This program provides up to $45,000 in funding to qualified businesses and has a focus on high-growth businesses in underserved communities.
4. Kansas Industrial Training (KIT) Program
The Kansas Industrial Training (KIT) Program is designed to provide financial assistance to businesses that create jobs and train employees in new skills. The KIT program is an excellent option for businesses that are expanding and need a skilled workforce to support growth.
5. Kansas City Catalyst Fund
The Kansas City Catalyst Fund is a grant program designed to stimulate economic growth and support entrepreneurship in the Kansas City area. This program provides up to $250,000 in funding to businesses that create jobs in the area and have the potential for significant regional impact.
In conclusion, these are just a few of the many small business grant programs available in Kansas. Whether you’re just starting out or looking to expand, there is likely a grant program that is a good fit for your business. Be sure to research your options and apply for the programs that best suit your needs. With a little help from these grants, your small business can grow and thrive in Kansas.
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