Top 5 Grant Types | Best Grants List

Summary

In this video, Rindy from Ashrending discusses the top five types of grants available for individuals and small businesses. These include small business grants, emergency assistance grants, personal grants, state and local grants, and collateral grants. Rindy highlights the importance of these grants in stimulating the economy, providing relief during emergencies, and supporting business growth. She also mentions the benefits of forming relationships through local grants and encourages viewers to join her upcoming Grants Master Class for more in-depth information.

Takeaways

• 💼 **Small Business Grants**: These are significant for local economies and community impact, ranging from $1,000 to over $1,000,000. An example is the Avon Lake Small Business Relief Grant.
• 🆘 **Emergency Assistance Grants**: Often short-term and aimed at addressing immediate needs like emergencies, family help, and rental/mortgage assistance. Elise Army Grant is highlighted as an example.
• 💰 **Personal Grants**: Available locally and can be ongoing (rolling grants), typically ranging from a few hundred to $50,000. They are accessible year-round.
• 🏛️ **State and Local Grants**: Distributed through organizations and non-profits, these are crucial for local business growth and community development. The $50,000 Arts Grant in St. Louis is an example.
• 🏦 **Collateral Grants**: Also known as match grants, they are excellent for scaling businesses, offering funding that can be one to three times the collateral value or equity-free.
• 🌐 **Impact and Networking**: Grants not only provide financial support but also open doors to networks and resources crucial for business growth and community development.
• 🌟 **Grant Types**: The video outlines five primary types of grants: small business, emergency assistance, personal, state and local, and collateral grants.
• 📈 **Economic Stimulation**: Grants play a vital role in stimulating the economy, especially post-crises like pandemics, by supporting small businesses.
• 🏘️ **Community Services**: Grants help businesses provide essential services to local communities, enhancing community welfare and development.
• 📅 **Ongoing Availability**: Some grants, like personal grants, are available on an ongoing basis, providing continuous support throughout the year.
• 🔗 **Resource Access**: The video encourages viewers to access more detailed information and resources on grants through the provided website.

Q & A

What is the main topic of the video?

The main topic of the video is discussing the top five types of grants, particularly focusing on those for individuals, small businesses, and those that offer ongoing financial support.

Who is the presenter of the video?

The presenter of the video is Rindy from Ashrending.

What are the top categories for grants mentioned in the video?

The top categories for grants mentioned are small business grants, emergency assistance grants, personal grants, state and local grants, and collateral grants.

Why are small business grants significant?

Small business grants are significant because they help fuel the local economy and have a community impact. They are given to stimulate the economy and revive businesses, especially after events like the pandemic.

What is the range of funding for small business grants?

Small business grants can range from one thousand dollars to over one million dollars.

Can you provide an example of a small business grant mentioned in the video?

An example of a small business grant mentioned is the Avon Lake Small Business Relief Grant, which is a $150,000 grant aimed at helping small businesses restart.

What type of assistance do emergency assistance grants provide?

Emergency assistance grants provide short-term help with basic needs and necessities such as hardships, emergencies, family help, rental assistance, and mortgage assistance.

What is an example of an emergency assistance grant provided in the video?

An example of an emergency assistance grant is the Ellie's Army grant, which helps with emergency funding for ill children and their families.

What is the typical range for personal grants?

Personal grants can range from hundreds of dollars to up to about fifty thousand dollars, depending on the source.

How do state and local grants usually distribute funds?

State and local grants tend to flow through chambers of commerce, organizations, and non-profits to reach individuals and small businesses.

What is a collateral grant and how does it benefit a business?

A collateral grant, also known as a match grant, allows a business to leverage collateral to receive funding that can scale the business quickly. It can provide a match of one to three times the collateral or equity-free funding.

How can viewers get more information about the grants discussed in the video?

Viewers can get more information by joining the grants master class through Rindy's website, asweenie.com, or by emailing Rindy at [email protected].