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State Grant Guide

Small Business Grants in New Hampshire

New Hampshire's open state grants suit very different firms. WorkInvestNH pays half the cost of training your staff.

3 state grants openUpdated September 28, 2026
Eliot Reynolds
Written byEliot Reynolds
Business Formation Researcher

New Hampshire's open state grants suit very different firms. WorkInvestNH pays half the cost of training your staff. A request of $70,000 or more also needs a sign off from the Governor and Council. CDFA's Small Business Energy Audit Fund pays 75 percent of an energy audit for rural firms and farms. Neither sets a deadline. STEP pays back 80 percent of an export project, up to $8,000. Its current award period ends on 29 September 2026, and no later one is posted yet. The rest of the state money runs through two agencies, and not all of it is a grant, so each card says which it is. If you run a tourism body, the Joint Promotional Program has two FY2027 due dates left, 18 November 2026 and 27 January 2027.

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)

Up to $5,000 for equipment through REDC, while funds last

Rolling

Small grants for very small firms. You reach them through a local partner, not the state. CDFA pays groups that train and advise owners of tiny firms on low or middle incomes. Some of those groups also hand out grants. The Regional Economic Development Center offers up to $5,000 for equipment or machinery. It is for a for-profit New Hampshire firm with five or fewer staff. CDFA's rules decide who qualifies, and REDC checks them when you apply. Money is limited and not promised, so ask if any is left.

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

WorkInvestNH Job Training Grant

New Hampshire Employment Security

50% of training costs, over $70,000 needs Governor and Council sign off

Rolling

Pays half the cost of training your existing staff, and staff you hire before the training starts. You need a New Hampshire place of business and you must pay quarterly unemployment tax to the state. There is no published ceiling. Requests of $70,000 or more have to go to the Governor and Executive Council, which adds about three months. Budget 60 days from applying to a signed contract, and no training can start until that contract is signed. You pay first and claim half back. The training must finish within a year of the contract, and travel, lodging and meals are not covered.

NH employersBusinesses relocating to NH
Apply / Learn More

Small Business Energy Audit Fund

Community Development Finance Authority (CDFA)

75% of the audit cost, CDFA publishes no cap

Rolling, first come first served

A small grant that pays to find out where your energy money goes. CDFA covers 75 percent of the cost of a full energy audit. It is for rural small businesses and farms in New Hampshire. The audit is meant to lead into efficiency or renewable work. You must be a for-profit business in good standing with a New Hampshire place of business. You must be small by the SBA size standard for your industry. You must also sit in a rural area on the USDA map, though farms skip that test. Funds cover commercial space only, and a mixed use building can claim the commercial share. Applications stay open all year and money goes first come, first served, so apply early in the year. CDFA does not publish an award cap.

New Hampshire rural for-profit small businessesAgricultural producers, rural test waivedCommercial space onlySBA size standard applies
Apply / Learn More
Not business facing

CDBG Economic Development Grants

Community Development Finance Authority (CDFA)

Up to $500,000

Rolling

Money for projects that create jobs. It can pay for land and buildings, commercial construction, equipment and staff training. The state awards it to towns, and a business benefits through its town.

MunicipalitiesNonprofit organizationsBusinesses creating jobs
Apply / Learn More
Not confirmedNot business facing

Northern Border Regional Commission (NBRC) Catalyst Program

Northern Border Regional Commission

Up to $1,000,000

Rolling

Money for infrastructure, workforce and economic development projects in eligible northern New Hampshire counties. Towns and non-profits apply, not businesses. A project that spans several places can get up to $3 million.

Rural communitiesNorthern NH counties
Apply / Learn More
Not business facing

New Hampshire Joint Promotional Program (JPP)

NH Department of Business and Economic Affairs

Varies

Deadline Nov 18, 2026

Money for tourism marketing, for promotion both in and out of the state. Groups and organisations apply, not single firms. The FY2027 due dates left are 18 November 2026 and 27 January 2027.

Tourism-related businessesMarketing organizations
Apply / Learn More
Not business facing

CDFA Tax Credit Program

Community Development Finance Authority (CDFA)

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

Rolling

Each year CDFA awards about $5 million in tax credits to nonprofits for community projects. A New Hampshire business can buy those credits by giving to a funded project. It then gets a state tax credit worth 75 percent of the gift.

NonprofitsCommunity development projects
Apply / Learn More
Expired

State Trade Expansion Program (STEP)

NH Department of Business and Economic Affairs

Up to $8,000 per STEP 12 award

Deadline Sep 29, 2026

Reimburses up to 80% of export promotion costs, such as trade shows, marketing abroad, website translation and export advice. The current STEP 12 award period ends September 29, 2026. Your funded work must finish by then. Awards run up to $8,000. No later period is posted yet.

Export-ready businesses
View program page
Expired

Paper and Pulp Manufacturing Industry Stabilization Program

NH Department of Business and Economic Affairs

Varies

Closed March 15, 2024, the programme has ended

This program has closed. Applications shut at 4pm on March 15, 2024, and awards went out that month. It was a one time payback for pulp, paper and paperboard makers. It covered equipment, building work, energy and clean up costs. It has not reopened.

Pulp and paper manufacturers
View program page

Federal Grant Programs

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

Loan

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.

Learn more
Loan

SBA Microloan Program

Up to $50,000

Loans up to $50,000, not grants. You borrow from a nonprofit lender near you, not from the SBA itself. The money can cover working capital, inventory, supplies or equipment. Most people get far less than the cap. The average microloan is about $13,000.

Learn more
Not confirmed

SBIR/STTR Grants

Phase I up to $323,090, Phase II up to $2,153,927

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

Learn more
Technical assistance

Minority Business Development Agency (MBDA) Programs

Varies by program

Help for minority owned businesses that need capital, contracts or new markets. MBDA runs business centers around the country. They give advice, help with bids, and point you toward lenders.

Learn more

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

No state grant here is women only. WomensNet gives three $10,000 Amber Grants a month to women-owned firms across the country. Three of its monthly winners take $50,000 at year end. The NH SBDC advises for free.

  • ›WomensNet Amber Grant
  • ›NH Small Business Development Center

Rural Business Grants

Start with the energy audit fund. CDFA pays 75 percent of an energy audit for rural firms. Farms skip the rural test. Northern counties sit inside the NBRC Catalyst Program, but a town or a non-profit applies for that, not a business.

  • ›CDFA Small Business Energy Audit Fund
  • ›NBRC Catalyst Program

Minority-owned Business Grants

No state grant here is minority only. CDBG microenterprise money can reach minority owners, through a local partner such as REDC. The federal MBDA runs business centres that advise and help with bids.

  • ›CDBG Microenterprise Program, through your town
  • ›Minority Business Development Agency

Technology/Innovation Business Grants

There is no state innovation grant. Federal SBIR and STTR money is the main door for research. The state Business Finance Authority backs venture funds instead. Two are Vox Health Fund and Millworks Fund II, both in life sciences and digital health.

  • ›Federal SBIR and STTR programs
  • ›NH Business Finance Authority

Tips for Applying in New Hampshire

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

  • 1Get a State of New Hampshire vendor number before you apply for any state grant.
  • 2CDBG microenterprise money reaches you through a local partner, not the state. Ask the Regional Economic Development Center or your town whether any is left.
  • 3Call the NH Small Business Development Center first. The advising is free and an adviser will sharpen your application.
  • 4For STEP, get your quotes and export budget together before you apply. Trade show costs and marketing quotes are what they ask for.
  • 5Apply early in the year. CDFA works through its online system and its deadlines are 4pm sharp.

State Economic Development Agency

New Hampshire Department of Business and Economic Affairs (BEA)

BEA is the state's main contact for businesses. It runs the export grant, the tourism marketing grant and the northern border grants, along with housing and broadband money.

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.

Grants in Other States

All state grant guides

Frequently Asked Questions

Yes. STEP pays back 80 percent of an export project, up to $8,000. Its current award period ends on 29 September 2026. WorkInvestNH pays half the cost of training your staff, with no published ceiling. CDFA's Small Business Energy Audit Fund covers 75 percent of an energy audit for rural firms and farms. None of the three is repaid. CDBG microenterprise grants come through local partners such as REDC.

For exporters it is STEP. It pays back 80 percent of a project, up to $8,000, until its award period ends on 29 September 2026. For anyone training staff it is WorkInvestNH, which covers half the bill. Rural firms and farms should look at the energy audit fund. People name the CDBG microenterprise grant most often. You do not apply to the state for it. You apply to a local partner, such as the Regional Economic Development Center, which offers up to $5,000 for equipment.

No. STEP, WorkInvestNH and the energy audit fund are open to any eligible New Hampshire business, whoever owns it. Certification can help with some federal programmes and with the MBDA business centres, but no state grant here asks for it.

Plan on 60 to 120 days. WorkInvestNH says 60 days from applying to a signed contract, and about three months more if you ask for $70,000 or over, because that needs the Governor and Council. STEP and the energy audit fund both pay on reimbursement, so you spend first and claim it back. CDFA runs its applications through an online system with hard 4pm deadlines.

About the Author

Eliot Reynolds

Business Formation Researcher

Eliot leads StartupOwl's state data research. He maintains the site's fifty state records of LLC filing fees, annual costs, processing times, and small business grant programs, checking each figure against the state office that publishes it and logging the date it was verified. Based in New Jersey, he has spent his working life in and around small businesses, and he writes for the founder who wants the real number rather than the advertised one. Every figure under his byline traces to a named source, and when a state proves a number wrong, the correction is published, not buried.

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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.

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