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2025 Smart Start Business Development Grant

This grant provides financial assistance to new and recently established small businesses and non-profit organizations in Portsmouth, Virginia, to help them grow and enhance their operational capabilities.

$2,000
Closed
Recurring
Grant Description

The Smart Start Business Development Grant Program is designed to provide financial support for new and recently established startups and small businesses to assist with expanding entrepreneurial opportunity, business resiliency, and organizational capacity building. Donor Name: Portsmouth Economic Development State: Virginia City: Portsmouth Type of Grant: Grant Deadline: 10/31/2024 Size of the Grant: $2,000. Grant Duration: Grant Duration Not Mentioned Details: Funding Information The maximum grant amount available for any approved application is $2,000. Eligible Activities  Professional and third-party services to assist in starting a business including legal, financial, accounting, marketing, social media, e-commerce, etc. Small scale production/manufacturing equipment, machinery, tools, etc. Technology and digital infrastructure (hardware, software, digital platforms, etc.) Business furniture and fixtures Certifications Eligible Applicants New and recently established for-profit small businesses and non-profit organizations with operations based in the City of Portsmouth Available to businesses that have been in operation for 0-3 years (as evidenced by a City of Portsmouth business license) Available to businesses with 10 full-time equivalent (FTE) or fewer positions Businesses utilizing a co-working space mailbox must prove Portsmouth residency with a 12-month residential lease or proof of home ownership. Co-working space tenants are required to have a minimum of a 12-month lease. Copy of lease is required. Proof of Portsmouth residency is required for home-based businesses. Entities of local, state, or federal government, religious organizations, and residential-use businesses are prohibited from applying. Businesses current with City of Portsmouth taxes and fees. For more information, visit Portsmouth Economic Development. Related Posts:Targeted Small Business Growth & Development Grant…2025 Social Equity Grant Program – MassachusettsWaste Reduction & Innovation Grant – Minnesota2024 Economic Development Program (Kansas)Downtown Boro’s Small Business Grant Program – North…Contra Costa County Innovation Fund - CaliforniaIllinois: Energy Transition Community Grant ProgramMaine: Resilient Food Systems Infrastructure Program 2025Apply now for Northern Virginia Health Foundation GrantAutomated Permit Processing for Solar (APPS) Grant…Trident United Way Capacity Building Grant – South CarolinaCity of Dubuque Small Business Support Grant in IowaCity of Dubuque Small Business Support Grant Program (Iowa)Female Founder World Grant for Small BusinessesStartHER Grant Program - TexasPennsylvania: Fresh Food Financing InitiativePennsylvania: Fresh Food Financing Initiative2024 Catapult Grants for Educators in Missouri and IllinoisRegional Workforce Impact Program in North DakotaJOED Small Business Grant 2024 (North Carolina)Grants to support Artists and Arts Organizations in…

Funding Details

Award Range

Not specified - $2,000

Total Program Funding

Not specified

Number of Awards

Not specified

Matching Requirement

No

Eligibility

Eligible Applicants

Small businesses
For profit organizations other than small businesses
Nonprofits

Additional Requirements

Eligible applicants: New and recently established for-profit small businesses and non-profit organizations with operations based in the City of Portsmouth Available to businesses that have been in operation for 0-3 years (as evidenced by a City of Portsmouth business license) Available to businesses with 10 full-time equivalent (FTE) or fewer positions Businesses utilizing a co-working space mailbox must prove Portsmouth residency with a 12-month residential lease or proof of home ownership. Co-working space tenants are required to have a minimum of a 12-month lease. Copy of lease is required. Proof of Portsmouth residency is required for home-based businesses. Entities of local, state, or federal government, religious organizations, and residential-use businesses are prohibited from applying. Businesses current with City of Portsmouth taxes and fees

Geographic Eligibility

Portsmouth

Key Dates

Application Opens

Not specified

Application Closes

Not specified

Contact Information

Grantor

Portsmouth Economic Development

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Categories
Business and Commerce
Capacity Building
Workforce Development
Science and Technology
Infrastructure