Small Business Development Center (SBDC)
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Turning Your Side Hustle Into a Full-Time Business? Here Are 3 Government Grants
Yahoo Finance· 2025-09-19 15:00
Core Insights - Transitioning a side hustle into a full-time business can be challenging, but government grants and assistance are available to support this process [1][2] Group 1: Government Grants and Resources - The Small Business Development Center (SBDC) offers training, advice, and tools for scaling up small businesses [3][4] - The Small Business Innovation Research (SBIR) program is designed for innovative startups looking to commercialize new research and development [5][6] - The State Trade Expansion Program (STEP) provides grants to help small businesses enter or expand into international markets [7][8] Group 2: Importance of Strong Applications - Grants can significantly boost a business's growth, with amounts ranging from a few thousand dollars to larger sums, but competition for these grants is high [9]