Missouri Small Business Grant Program

The Small Business Grant Program (Program) provides assistance to small businesses that have experienced economic hardship. The Missouri General Assembly appropriated $10 million to the Department of Economic Development (DED) in House Bill 3020 at § 20.075 (2022). Of the total available funds, $2 million is reserved for minority- or women-owned small businesses. The Program is funded through U.S. Department of the Treasury (Treasury) State and Local Fiscal Recovery Funds authorized by the American Rescue Plan Act (ARPA). As a result, the grant must comply with federal requirements, including Treasury regulations in 31 CFR Part 35.