Starting a car wash business may not necessarily require a huge capital base, hence it is easier for entrepreneurs who want to start a car wash business to look inward and raise the start-up capital required to get the business up and running.
But it is important to state that there are entrepreneurs who would want to start a car wash business but lack the start-up capital to make their dreams a reality. For such entrepreneurs, seeking business grants will not be out of place.
Interestingly, there are no specific grants designed for entrepreneurs who want to start a car wash business. But there are several grants that are open to small businesses like a car wash, and that is what we will discuss in this article.
Best Grant to Start a Car Wash Business
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Grant.gov
Grant.gov is a U.S. government organization that provides access to the most extensive collection of federal funding. A variety of grant possibilities are available on Grant.gov for different kinds of businesses, including car wash businesses. On the website, small business owners can look up grants and submit applications.
Prior to applying, it is crucial to be aware of your eligibility status because different organizations have different requirements.
Eligibility Requirements
Make sure you or your business is qualified to apply for the award before starting the application procedure. Two factors determine eligibility:
- Creating an account on Grants.gov to apply
- Knowing the legal requirements for the funding opportunity
How to Apply
- To get a general overview of grants, visit the Grants Learning Center.
- Before applying, be certain that you are qualified.
- Look for federal funds that are relevant to your work.
- Become a member of Grants.gov to apply through Workspace.
- Utilizing Workspace, complete and submit your application.
- For submission status, enter your Grants.gov tracking number(s).
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Comcast Rise
Comcast RISE is working to assist smaller companies, particularly those operated and led by women and minorities, who have been financially affected by the global epidemic.
In addition to financial schemes, beneficiaries may receive counseling sessions with Comcast’s local Effective advertising and investigation workgroups, publicity campaign assistance, the creation of a 30-second TV commercial, or a technology facelift. Enterprises should meet the following criteria to be eligible for grants:
Eligibility Requirements
- At least 51 percent of businesses are owned and managed by an individual of color, such as Black, Indigenous, Asian American, and Hispanic entrepreneurs.
- Owned and controlled autonomously.
- Registered in the United States
- It has been in operation for over a year.
- Situated within the Comcast or Effectv service area.
How to Apply
To check if you qualify and also apply for the RISE grant, you will have to visit the Comcast RISE website.
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UPS Small Business Grant for Latinx-Owned Companies
UPS is collaborating with the US Hispanic Chamber of Commerce to provide $5,000 in small business grants to Latinx-owned smaller companies adversely affected by Covid-19. So, if you are Hispanic and you are interested in starting a car wash business, you may want to take advantage of this grant opportunity.
Eligibility Requirements
Businesses must meet the following requirements to be able to qualify:
- Be owned by Hispanics.
- Have fewer than 20 full-time staff.
- You must have an EIN or ITIN number.
- Must have been operational for at least nine months.
How to Apply
You will have to go to their page if you are looking to apply for this grant.
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National Association for the Self-Employed (NASE)
Small business owners including car wash owners can receive small business grants through the National Association for the Self-Employed (NASE).
This trade association supports small businesses and entrepreneurs. NASE does not specifically target Hispanic business owners but all self-employed businesses that need funds to grow. You need to be a registered member of the NASE for at least three months and have a strong business plan to be eligible to get a monthly grant of up to $4,000.
Members enjoy discounts on business expenses in addition to loans and other resources that facilitate business growth. You can apply on the NASE website if eligible.
Eligibility Requirement
- Have fewer than 20 full-time staff.
- You must have an EIN or ITIN number.
- Must have been operational for at least nine months.
How to Apply
You are required to visit their website to fill out the applications when it is made open. You must make sure you have all the required documents handy when filling the form.
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Community Development Financial Institutions (CDFI) Fund
In order to ensure that the most impoverished communities receive financial assistance to support the expansion of small companies, Community Development Financial Institutions are essential. To promote economic growth, the U.S. Treasury has been funding underprivileged communities.
Healthy food financing initiatives and financial aid awards in the form of grants, equity investments, credit union shares, and other forms are among the other CDFI programs for which you can submit an application.
Eligibility Requirements
- Have fewer than 20 full-time staff.
- You must have an EIN or ITIN number.
- Must have been operational for at least nine months
How to Apply
To apply for the CDFI grant, you need to first apply for a CDFI certification award. Once certified, you can then apply for a technical assistance grant.
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The Entrepreneurial Spirit Fund By Sia Scotch
Carin Luna-Ostaseski, among the first Hispanic business owners in antiquity to establish a blended scotch brand, started SIA Scotch on Kickstarter.com in 2012. In striving to keep up with the brand’s idea of helping small business owners of color get funds, SIA Scotch has committed $110,000 to assist business owners of color in the food and beverage industry.
Eligibility Requirements
- Person(s) of color own 51 percent or more of the company.
- Be a for-profit company with annual gross revenue of less than $5 million.
- Operating and/or conducting business in at least one of the following states: California, Colorado, Connecticut, Florida, Georgia, Illinois, Massachusetts, Minnesota, New Jersey, Nevada, New York, Rhode Island, and/or Texas.
- Is not a holder of any alcohol beverage retail permit (including a bar, eatery, hotel, or establishment that sells or provides alcohol) or a business that manufactures alcohol.
- Expected to be a US citizen or legal permanent resident.
- Expected to be at least 25 years old as of November 1, 2022.
- Be the majority shareholder or a person legitimately permitted to legate the Business for the tasks of Program participation.
- Should not have control in or have made an investment in an alcohol beverage retail license (including a business or establishment which possesses a license to make, sell or serve alcohol).
- Should not work for a retail license holder.
How to Apply
To apply, you have to visit the grant page and provide all stipulated information.
In conclusion,
These are some of the closest options you have if you want a grant for your car wash business. Please note that you will be required to meet other eligibility requirements that may not be stated in this article hence you must visit the website of the grant-issuing organization to be sure that car wash is part of the businesses they are likely going to issue a grant to.