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Types of Small Business Grants The main grant types in the U.S. are federal, state, local, and corporate. These grants often focus on a specific group of people or industry or are general funds awarded through a contest. Sometimes grants are only offered once, but they are often awarded annually. Federal grants come directly from the U.S. government. They may be given to a state, region, or county that will then choose individuals to award. These grants may also be awarded directly to an individual or business. For some federal grants, only nonprofit or community-run organizations are eligible, so it’s […]