Small business grants are funds provided by governments, organizations, or private entities to help entrepreneurs start or grow their businesses. Unlike loans, these grants do not need to be repaid, making them an attractive option for small business owners. They can be used for various purposes, such as purchasing equipment, hiring employees, or funding marketing efforts. To qualify for small business grants, applicants typically need to meet specific criteria, which may include having a solid business plan or operating in a particular industry. Various programs exist, such as those offered by the Small Business Administration or local economic development agencies, each with its own application process and requirements.