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Grant Opportunities

Discover federal, state, and private grant programs available to El Paso entrepreneurs. Unlike loans, grants don't need to be repaid, making them an excellent funding option for qualifying businesses.

Federal Grant Programs

Small Business Innovation Research (SBIR)

Multiple Federal Agencies
Phase I: Up to $250,000 | Phase II: Up to $1 million

Supports research and development projects with commercial potential in technology and innovation.

Eligibility

Small businesses with fewer than 500 employees engaged in R&D

Small Business Technology Transfer (STTR)

Multiple Federal Agencies
Phase I: Up to $250,000 | Phase II: Up to $1 million

Similar to SBIR but requires partnership with a research institution.

Eligibility

Small businesses partnering with nonprofit research institutions

Economic Development Administration (EDA) Grants

U.S. Department of Commerce
Varies by program

Supports economic development projects that create jobs and promote innovation.

Eligibility

Businesses in economically distressed areas, including parts of El Paso

Texas State Grants

Texas Enterprise Fund

Incentive program for businesses creating jobs in Texas

Negotiable based on project

Focus Areas

Job creation, capital investment, economic development

Skills Development Fund

Training grants for businesses to upgrade workforce skills

Up to $500,000 per project

Focus Areas

Employee training and workforce development

Texas Product Development Fund

Supports commercialization of innovative products

Up to $250,000

Focus Areas

Product development, technology commercialization

Specialty Grant Programs

Women-Owned Businesses

Amber Grant - $10,000 monthly grants for women entrepreneurs

Cartier Women's Initiative - Up to $100,000 for women-led businesses

IFundWomen Grant - Various amounts through crowdfunding platform

Tory Burch Foundation Fellowship - $5,000 grant plus education

Minority-Owned Businesses

NASE Growth Grants - Up to $4,000 for small business growth

Minority Business Development Agency (MBDA) - Various programs

National Association for Latino Community Asset Builders - Multiple grant programs

Hispanic Chamber of Commerce Grants - Local and national opportunities

Veteran-Owned Businesses

StreetShares Foundation Veteran Small Business Award - $5,000 monthly

FedEx Small Business Grant Contest - Up to $50,000

Veteran Business Outreach Center Grants - Various amounts

Boots to Business Program - Training and funding opportunities

Application Timeline

1

Research Phase

2-4 weeks

  • Identify relevant grants
  • Review eligibility requirements
  • Gather required documentation
  • Study past successful applications
2

Preparation Phase

4-6 weeks

  • Write compelling narrative
  • Develop detailed budget
  • Collect supporting documents
  • Get letters of support
3

Application Phase

1-2 weeks

  • Complete application forms
  • Review and edit thoroughly
  • Submit before deadline
  • Confirm receipt
4

Follow-Up Phase

2-6 months

  • Wait for review decision
  • Respond to any questions
  • Accept award if approved
  • Begin grant reporting

Tips for Successful Applications

Align with Grant Goals

Ensure your project directly addresses the grant's objectives and priorities. Tailor your application to match their mission.

Tell a Compelling Story

Create a narrative that shows the impact of your business on the El Paso community and why funding is crucial.

Provide Detailed Budget

Break down exactly how grant funds will be used. Be specific, realistic, and justify every expense.

Follow Instructions Exactly

Read guidelines carefully and follow formatting, length, and submission requirements precisely.

Demonstrate Capacity

Show your team has the skills and experience to successfully execute the project and manage grant funds.

Start Early

Begin the application process well before the deadline. Quality applications take time to develop.

Important Reminders

Beware of Scams

Legitimate grants never require upfront fees. Be cautious of "grant writers" who guarantee awards or charge large advance payments.

Competitive Process

Grants are highly competitive. Don't rely solely on grants for funding—pursue multiple financing options simultaneously.

Need Help with Grant Applications?

Our team can guide you through the grant application process and help identify opportunities for your El Paso business.

Contact Us