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Assistance in the form of business expansion grants varies from state to state, but the majority of states offer business expansion grants through their state-wide economic development organizations. These organizations work with each community to attract new businesses or assist existing businesses expand.
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There are many types of business expansion grants available to businesses planning to expand their current operation or to branch out into a new area. Accumulating the overall information gathered from researching grants to expand businesses, it would seem the emphasis or priorities set by most granting agencies are focused on automotive, life sciences, energy, national security industry sectors, advanced manufacturing, logistics, information technology, and research and development. If you are a company that falls within the above categories, more than likely you will qualify for a grant to expand your business. A good source of information on business expansion grants – state and federal – is the Small Business Development Center. This agency offers assistance with business plans, contracts, financing ideas, etc. Each state has several SBDC representatives that will meet with you to discuss your project. For more information - https://www.newusagrants.com/business-expansion-grants/
