Detroit Pistons, corporate sponsors support small businesses with grants and promotions

Buying local can help small businesses and local economies thrive, especially during the holiday season. Bringing attention to these local merchants is one of the main goals of an ongoing program in Detroit, supported by a major local sports team and other corporate sponsors.

And this is just one of the recent small business grant opportunities that entrepreneurs should be aware of. Other opportunities announced over the past week include a grant for black-owned wine businesses, one that supports entrepreneurs with disabilities, and options for local businesses in Vermont, New York and New Mexico. Read on for a list of options to consider at the end of 2022.

Detroit Pistons SHOP313 Program

The Detroit Pistons are partnering with RingCentral, Amazon and BELFOR Property Restoration for this year’s SHOP313 program. The initiative supports Michigan businesses by providing exposure at community events, Little Caesars Arena and on social media. Additionally, six grants of $10,000 are available this year for participating companies through donations from RingCentral. Nominations are available online now and will remain open until the end of the Pistons season.

New Mexico Science and Technology Grant Program

The New Mexico Office of Science and Technology offers grants to small science and technology companies that show high growth potential. Eligible businesses can request between $10,000 and $25,000. Applications are available online now. And the application period will end on December 12.

AAAV Member Grants

The Association of African American Vintners is launching a new program to provide $5,000 grants to Black-owned wine businesses. To be eligible, business owners must be members of the AAAV at the producer, winemaker or trader level. Eligible companies can begin the application process in January. And five scholarships will be awarded in the first quarter of 2023.

Vermont Community Recovery and Revitalization Program

Vermont is launching a $40 million community recovery and revitalization program to support capital improvement projects that will benefit small businesses in the state. Funded by the American Rescue Plan Act, the program will provide grants to businesses, nonprofits and city departments that have been negatively impacted by the COVID-19 pandemic. Priority will be given to projects related to industries that have been particularly hard hit, including childcare, entertainment and education. Applications will be accepted on a first come, first served basis.

Oyster Bay Pandemic Recovery Grants

Oyster Bay, New York, is launching a new $4.5 million pandemic recovery grant program to support small businesses and nonprofits. Eligible businesses and organizations can apply for grants of $5,000. To qualify, companies must have 50 or fewer full-time equivalent employees and annual revenues between $35,000 and $5 million.

Grant from the Coca-Cola Foundation for Synergies Work

The Coca-Cola Foundation is awarding a $50,000 grant to Synergies Work, an Atlanta nonprofit that supports entrepreneurs with disabilities. This is the third grant the organization has received to continue operations since 2019. While this grant is not directly available to business owners, the organization will use the funds to provide education programs and skills-based training, especially for entrepreneurs with disabilities.

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