When applying for grants, it’s essential to consider the deadlines that are set for them. Some grants may have a timeframe of just a few weeks, while others may take several months to apply for. Hence, it’s advisable to apply as soon as possible when you become aware of grants that suit your requirements. Currently, several grants across the country are set to expire at the end of May. With grants, such as accelerator funds and micro-grants offering up to $10,000, small businesses can get assistance for childcare, construction relief, startups, and restaurants. As these grants have different deadlines within the month of May, it’s recommended to apply for them as soon as possible to increase your chances of success. Amazon Business is also offering over $250,000 in grants to eligible small businesses with annual revenues of up to $1 million. In other small business news, Wells Fargo Bank has raised its prime rate, which could impact small businesses relying on loans tied to the prime rate for funding. The IRS has unveiled resources to assist those contemplating starting a business as part of National Small Business Week. Additionally, YouTube has launched new AI-powered music ad solutions to help small businesses reach Gen Z audiences, while Etsy has revealed the top decor trends for 2023 that cater to evolving tastes.
Ensure you Apply by May Deadline for Grants Worth Up to $10,000
