Hiring Our Heroes Small Business Grant For Veterans

Hiring Our Heroes Small Business Grant Program 2025 – $10,000 for Veteran and Military Spouse Entrepreneurs

Donor: FedEx Founder’s Fund, Community Foundation of Greater Memphis, USAA

About: The Hiring Our Heroes Small Business Grant Program represents a transformative opportunity for veteran and military spouse entrepreneurs looking to scale their small businesses in 2025. This initiative goes beyond traditional funding by offering substantial financial support while recognizing the unique challenges faced by military-connected business owners.

The program showcases a deep understanding of the entrepreneurial spirit within the military community by providing five carefully selected businesses with $10,000 grants. This funding aims to fuel growth, enhance operations, and strengthen the foundation of businesses that contribute significantly to local economic development and community enrichment.

What sets this grant apart is its focus on businesses in economically vulnerable communities, demonstrating a commitment to fostering economic resilience where it’s needed most. The program acknowledges that veteran and military spouse-owned businesses often face unique challenges in accessing capital and resources, making this grant a crucial stepping stone for sustainable business growth.

Need assistance with your application? Grantaura‘s expert team specializes in veteran and military spouse grant applications. We offer comprehensive services including eligibility assessment, business plan development, financial projections, and full application management to maximize your chances of securing this transformative funding opportunity.

Focus: Veteran entrepreneurship, military spouse businesses, small business development, economic empowerment, community impact, business expansion, operational enhancement, job creation

Region: United States

Eligibility:
-Business must be at least 51% owned by a veteran or military spouse
-Must be a legal resident of the contiguous 48 states, Alaska, or Hawaii
-For-profit business structure required
-Annual revenue must not exceed $5 million
-Employee count must be between 3 and 20 (including owner, full-time, part-time, and 1099 contractors)
-Business must be located in an economically vulnerable community or demonstrate financial need
-Must maintain active business operations in the United States

Benefits:
-One-time grant award of $10,000
-Business recognition and visibility
-Opportunity to showcase impact on local community
-Network access within the veteran business community

Deadline: February 28, 2025

Terms:
-Hiring Our Heroes (HOH): A U.S. Chamber of Commerce Foundation initiative supporting military-connected communities through economic opportunity programs
-Economically Vulnerable Community: Geographic areas experiencing significant poverty rates, high unemployment, or substantial population decline
-Military Spouse: A person legally married to an active duty service member, reservist, National Guard member, or veteran
-1099 Contractor: Independent contractors receiving IRS Form 1099 for work performed
-FedEx Founder’s Fund: A philanthropic initiative established by FedEx to support community development and entrepreneurship.