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State Grant Guide

Small Business Grants in New Hampshire

New Hampshire offers over 10 active grant and incentive programs for small businesses, administered primarily through the Department of Business and Economic Affairs (BEA) and the Community Development Finance Authority (CDFA).

12 active programsUpdated February 28, 2026
Richard Moore
Written byRichard Moore
Senior Finance & Banking Editor

Which New Hampshire grants fit your business?

Answer 7 quick questions and we sort the 13 programs on this page into likely fits and long shots. Nothing personal is asked or stored, and final eligibility is always decided by the granting agency.

New Hampshire Small Business Grant Programs

State-administered funding programs available to New Hampshire small businesses. Verify deadlines directly with the granting agency before applying.

Featured

Community Development Block Grant (CDBG) Microenterprise Program

Community Development Finance Authority (CDFA)

$2,000 - $2,500

Rolling

Provides grants to microbusinesses with five or fewer employees for training, working capital, and technical assistance. Funds are distributed through local organizations such as the Hannah Grimes Center and River Valley Community College.

Status check, The Microenterprise Program is listed as an active grant category. Page describes it as supporting organizations that provide entrepreneurial training and technical assistance to low and moderate income micro-business owners.

MicroenterprisesLow-to-moderate income business owners
Apply / Learn More

Last verified, Jul 12, 2026

Featured

State Trade Expansion Program (STEP)

NH Department of Business and Economic Affairs

$7,500 - $8,000

Rolling

Reimburses up to 80% of eligible export promotion costs, including trade show participation, international marketing materials, website translation, and export consulting services.

Status check, NH STEP is active and accepting applications on a rolling basis subject to funding availability. No fixed deadline for small businesses is listed. A named STEP Project Director at NH DBEA is identified. No pause or closure notice found.

Export-ready businesses
Apply / Learn More

Last verified, Jul 15, 2026

Featured

WorkInvestNH Job Training Grant

New Hampshire Employment Security

Up to $70,000

Rolling

Provides matching funds for workforce training including on-site instruction, technical skills, safety training, and management development. Businesses must pay quarterly taxes into the NH Unemployment Trust Fund.

Status check, Program accepts applications on a rolling basis. Applications should be submitted 60 days in advance of anticipated training start date. Businesses must be NH-based and pay NH unemployment taxes.

NH employersBusinesses relocating to NH
Apply / Learn More

Last verified, Jul 12, 2026

CDBG Economic Development Grants

Community Development Finance Authority (CDFA)

Up to $500,000

Rolling

Supports job creation and economic development projects including land and building acquisition, commercial construction, equipment purchases, and employee training. Funds are awarded through municipalities.

Status check, Economic Development Grants program is listed as an active funding area. Page describes eligible activities including job creation, land acquisition, construction, equipment purchase, and employee training. No specific deadline mentioned.

MunicipalitiesNonprofit organizationsBusinesses creating jobs
Apply / Learn More

Last verified, Jul 12, 2026

Northern Border Regional Commission (NBRC) Catalyst Program

Northern Border Regional Commission

Up to $1,000,000

Rolling

Supports infrastructure, workforce development, and economic development projects in eligible northern New Hampshire counties. Multi-jurisdictional projects may receive up to $3 million.

Status check, The NBRC Catalyst Program is active and ongoing as NBRC's flagship grant program. It runs two competitive cycles per year with pre-application windows; spring 2026 round deadlines have passed. Fall 2026 cycle is expected. No closure or pause indicated.

Rural communitiesNorthern NH counties
Apply / Learn More

Last verified, Jul 9, 2026

Paper and Pulp Manufacturing Industry Stabilization Program

NH Department of Business and Economic Affairs

Varies

Rolling

Provides competitive grant funding to boost the financial stability of New Hampshire's pulp and paper manufacturers, supporting one of the state's most historic industries.

Status check, This was a one-time COVID-19 relief grant with a fixed $1.5M pool. Press coverage describes awards in past tense as completed. No active application window or new round found. Program appears closed though no explicit closure notice was located.

Pulp and paper manufacturers
Apply / Learn More

Last verified, Jul 15, 2026

Closing soon

New Hampshire Joint Promotional Program (JPP)

NH Department of Business and Economic Affairs

Varies

Deadline Sep 23, 2026

Provides funding to invest in tourism promotional initiatives developed by groups and organizations encouraging quality out-of-state and in-state promotion projects.

Status check, JPP is active with FY2027 Round 2 deadline of September 23, 2026. Round 1 (June 24, 2026) has passed. Program runs recurring rounds, not rolling. Open to tourism groups and organizations, not individual small businesses.

Tourism-related businessesMarketing organizations
Apply / Learn More

Last verified, Jul 9, 2026

CDFA Tax Credit Program

Community Development Finance Authority (CDFA)

Up to $5,000,000 annually (total pool)

Rolling

Awards approximately $5 million in tax credits annually to nonprofits for community and economic development. NH businesses can purchase credits and receive a 75% state tax credit against their contribution.

Status check, Program awards approximately $5 million in tax credits annually to nonprofits throughout New Hampshire. No specific deadline mentioned, appears to operate on ongoing basis with competitive review process.

NonprofitsCommunity development projects
Apply / Learn More

Last verified, Jul 12, 2026

Federal Grant Programs

These federal programs are available to small businesses in every state.

SBA 7(a) Loan Program

Up to $5,000,000

The SBA's primary lending program guarantees loans through participating lenders. This is a loan, not a grant. But the terms favor small businesses that may not qualify for conventional financing.

Status check, This is a loan program, not a grant. The 7(a) Loan Program provides loan guarantees to lenders for small business loans up to $5 million. Applications are accepted on an ongoing basis through participating SBA lenders.

Learn more

Last verified, Jul 14, 2026

SBA Microloan Program

Up to $50,000

Provides small, short-term loans up to $50,000 through nonprofit intermediary lenders. Funds working capital, inventory, supplies, or equipment. Interest rates typically run 8% to 13%. Repayment terms reach up to six years.

Status check, The SBA Microloan Program provides loans up to $50,000 through intermediary lenders. No application deadline specified. Program appears to be ongoing and available through SBA-approved intermediaries.

Learn more

Last verified, Jul 14, 2026

SBIR/STTR Grants

Phase I: up to $275,000, Phase II: up to $1,500,000

Competitive federal grants for small businesses doing research and development with commercial potential. Twelve federal agencies take part. Phase I awards fund proof of concept. Phase II supports full development.

Status check, SBIR/STTR is an ongoing rolling program. Phase I awards $50,000-$275,000 over 6-12 months. Phase II awards $750,000-$1.8 million over 24 months. No single deadline shown; applicants apply through participating agencies.

Learn more

Last verified, Jul 15, 2026

Expired

USDA Rural Business Development Grant

No maximum, smaller requests prioritized

Grants for rural small businesses and communities in areas under 50,000 people. Covers technical assistance, training, and business planning. Awarded to public bodies, tribes, and nonprofits.

Status check, The USDA RBDG program is currently listed as closed. The most recent cycle deadlines were June 15, 2026 for SECD applications and June 30, 2026 for remaining applications, both of which have passed.

Learn more

Last verified, Jul 14, 2026

Minority Business Development Agency (MBDA) Programs

Varies by program

Federal programs for minority-owned businesses seeking capital, contracts, or market access. MBDA Business Centers sit across the country. They offer consulting, procurement help, and financing referrals.

Status check, MBDA operates ongoing business center services but competitive grant windows are time-limited and targeted at organizations not individual businesses. The only identified grant (WEP) closed February 2025. No currently open general MBDA small business grant found.

Learn more

Last verified, Jul 15, 2026

Get Grant-Ready

Before you apply, most New Hampshire grant programs expect these basics to be in place.

1

Form your business entity

Most New Hampshire grant programs require applicants to be a registered LLC, corporation, or nonprofit. If you haven't formed yet, that's the first step.

NO logo

$39 + state fee. Includes registered agent, business address, and more.

Form Your LLC with Northwest
2

Get your EIN

An Employer Identification Number is free from the IRS and required on nearly every grant application. You can apply online and receive it immediately.

IR logo

Free from the IRS. Takes about 5 minutes online.

Read Our EIN Guide
3

Open a business bank account

Grant funds need to go into a dedicated business account, not your personal checking. Most agencies will ask for your banking details on the application.

ME logo

Business checking with no monthly fee on the base plan, built for startups.

Open a Mercury Account

Mercury is a fintech company, not an FDIC-insured bank. Banking services provided through Choice Financial Group and Column N.A., Members FDIC.

Grants by Business Type

Targeted programs for specific business owners in New Hampshire.

Women-owned Business Grants

Women entrepreneurs in New Hampshire can apply for the Amber Grant, which awards $10,000 monthly with the chance to win a $50,000 year-end grant. The NH SBDC also provides free business advising to help women-owned businesses access funding.

  • Amber Grant for Women
  • NH Small Business Development Center

Rural Business Grants

Rural businesses in northern New Hampshire counties can access substantial funding through the NBRC Catalyst Program, which supports infrastructure and economic development projects up to $1 million. CDFA also offers energy audit support for rural small businesses through the USDA Rural Energy for America Program.

  • NBRC Catalyst Program
  • CDFA Clean Energy Fund

Minority-owned Business Grants

Minority-owned businesses can access technical assistance and funding through CDFA's Community Development Block Grant program, which prioritizes projects benefiting low-to-moderate income communities. The MBDA also provides business development services at the federal level.

  • CDBG Microenterprise Program
  • MBDA Business Centers

Technology/Innovation Business Grants

Technology-focused startups in New Hampshire can pursue federal SBIR/STTR grants for research and development. The NH Business Finance Authority also partners with venture funds like Vox Health Fund and Millworks Fund II for investments in life sciences and digital health companies.

  • SBIR/STTR Grants
  • NH Business Finance Authority

Tips for Applying in New Hampshire

Increase your chances of approval with these state-specific tips.

  • 1Register for a State of New Hampshire Vendor number through the Department of Administrative Services before applying for any state-administered grants.
  • 2For CDBG-funded programs, apply through your local municipality or approved organization such as the Hannah Grimes Center or River Valley Community College, as CDFA awards funds to municipalities, not directly to businesses.
  • 3Contact the NH Small Business Development Center (nhsbdc.org) for free, confidential business advising before you apply. SBDC advisors can help you strengthen your grant application and identify additional funding sources.
  • 4If applying for STEP export grants, prepare detailed documentation of your marketing efforts and export budgets in advance, including quotes for trade show costs and international marketing materials.
  • 5Submit applications as early in the funding cycle as possible. CDFA accepts applications through its online grants management system (nhcdfagrants.org) with strict 4:00 PM deadlines.

State Economic Development Agency

New Hampshire Department of Business and Economic Affairs (BEA)

BEA serves as New Hampshire's single point of contact for businesses at all stages, managing grant programs for export assistance, workforce training, tourism promotion, and economic development.

Visit Website603-271-2591

Funding While You Wait

Grant applications in New Hampshire can take weeks or months to process. These options can bridge the gap.

Frequently Asked Questions

About the Author

Richard Moore

Senior Finance & Banking Editor

Richard is the veteran anchor of the site's financial content. Raised in the Midwest and starting his career in Chicago's commercial banking sector, he spent over a decade underwriting small business loans before moving into financial journalism. He doesn't get swept up in startup hype; he cares about unit economics, APYs, and fee structures.

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Financial Information Disclaimer

Grant programs change frequently. Deadlines, eligibility requirements, and funding amounts listed here may be outdated. Always verify information directly with the granting agency before applying. This page is for informational purposes only and does not constitute financial or legal advice.

Sources & References