The source of a grant typically lies in one of two categories: governmental or non-governmental. In this blog, we’ll explore the differences between the two as well as 3 hot grants from both categories for our American and Canadian databases.
A governmental grant is pretty self-explanatory — it comes from the government. It could be municipal, provincial (or state governments), or federal, but these types of grants are quite common.
A lot of COVID-19 recovery grants fall under this category due to the responsibility of the government to keep the economy running during the pandemic.
A non-governmental grant comes from a private organization. We actually did a blog post for our American users last month where we listed 7 non-governmental grants in the U.S. if you’re interested!
On the Pocketed platform, we include both governmental and non-governmental grants so you can choose which one is right for your business.
First, let’s go through some non-governmental grants in the U.S.
Source: National Association for the Self-Employed
This grant helps businesses with marketing, advertising, hiring, facility expansion, and other needs by providing small grants on a quarterly basis.
The grant amounts are up to $4,000!
Source: The Awesome Foundation
This grant accepts submissions between the 1st and 15th of every month for their micro-grants. The grants are for people with disabilities that want to support ideas and projects within the disabled community.
The grant amount is $1,000 per awardee!
Source: 80/20 Foundation
This Texas-based grant allows employers to select interns from a pre-qualified pool and hire them for the summer.
The grant amount is equal to half of the student’s summer stipend!
Now, for some governmental grants for our U.S. users!
Source: U.S. Federal Government
These are discretionary grants to provide employment-related services for dislocated workers.
The maximum amount that can be requested in an application is $100,000,000, and the approximate total amount of funding for the program is $300,000,000.
Source: Government of Minnesota
This grant provides financial incentives to businesses that meet certain job creation and investment targets.
Eligible companies may receive up to $1 million (or even $2 million in some cases), but the grant amounts differ.
Source: Government of Ohio
This grant allows eligible companies to engage in activities that increase export sales.
The grant amount is a 50% reimbursement of up to $10,000.
Are you a Canadian user? Let us show you some cool non-governmental and governmental grants that you can find on our platform!
Source: Alberta Foundation for the Arts
This grant is for artists, art administrators, or an ensemble of artists for a film/video arts project.
Up to $15,000 worth of funding may be provided (100% of eligible expenses.)
Source: Innovate BC
This grant is for BC businesses that want to hire a co-op student. Eligible companies are either tech-based or are hiring for a tech-based role.
The grant value is up to $20,000 per year to hire a student.
Source: Canada Media Fund
This grant is designed to help projects that are still in the creative process. Funds will be given to eligible applicants so they can create and test a proof of concept, preparing it for the prototype phase. The funds are meant to set the projects up for a better chance of future success.
The grant amount varies, but the maximum amount that can be received is $15,000.
Now, onto the governmental grants!
Source: Government of Ontario
This is a co-investment fund that supports early-stage Ontario companies raising pre-seed and seed investments.
This grant offers $125,000 to $250,000 in funding.
Source: Canadian Federal Government
This grant will cover the wage of a hire who completed their apprenticeship training and received their journeyperson certification in a Red Seal trade.
The grant will cover up to $2,000 per person.
Source: Canadian Federal Government
This grant is for Canadian employers to hire college or university students on work placements.
The wage subsidy is up to 50% of wages with a maximum of $5,000 for each net new placement. But a business may be eligible for 70% of wages with a maximum of $7,000 for each net new placement from an eligible underrepresented group.
And that’s all for this list! But if none of those grants seem right for your business, we have an amazing tip for you! 🤫
Create a Pocketed account today and you’ll have access to an expansive collection of governmental and non-governmental grants! 🎉