FedEx Small Business Grant Contest

Since 2013, FedEx has granted businesses $25,000. Prepare your applications for the one-month application period. Your company's story must be filmed.

The Second Service Foundation Military Entrepreneur Challenge

Veterans, active-duty personnel, and their spouses can enter the Second Service Foundation Military Entrepreneur Challenge. Applicants can win up to $15,000 based on their company idea, intended use of funding, product-market fit, team, and impact on veterans and military.

The Amber Grant Program

Each month, the Amber Grant awards a $10,000 cash grant to deserving female entrepreneurs. Monthly grant recipients will have the opportunity to win an additional $25,000 grant at the end of the year.

USDA Rural Development Business Grants

The Department of Agriculture provides both loans and grants to help rural businesses create quality jobs. It provides funding for community projects such as the construction of housing, community facilities, and other services.

Southern Restaurants for Racial Justice Heinz x Lee Initiative Grant

Grants ranging from $15,000 to $25,000 are available to Black-owned food businesses, both existing and startup. Grantees will also receive continuing education seminars led by food-industry veterans on topics such as commercial leases, small business accounting, and employee training and retention.

IFundWomen Fund Forward Awards

Small businesses owned by women in the beauty, technology, community, health & wellness, food & beverage, art, media, and entertainment industries are eligible. Entrepreneurs will have the opportunity to win a $100,000 equity investment, access to premium educational resources, and cash grants once a year.

eBay Up & Running Grants

50 eBay sellers will each receive a $10,000 grant package that includes cash, coaching, and eBay education. Every year, the grant application period lasts about a month.

EatOkra Black Women in Food Grants

EatOkra Black Women in Food Grants offers $10,000 grants to Black women-owned restaurants across the country. To be eligible, you must own and operate a brick-and-mortar restaurant in the United States for at least six months, but no more than five years.

Fresh Start Business Grant

One adult entrepreneur will get $2,500 in startup funds and free Incfile formation services. Must be 21 or older, a U.S. resident, and aiming to start a new business or significantly grow an existing one.

Starting a small business in Paterson, New Jersey, can be a challenging but rewarding experience. Here is a guide to help you get started:

Research and develop a business plan

Before starting a business in Paterson, it is important to have a clear understanding of the industry, target market, competition, and financial projections. 

Choose a business structure

Decide on the type of business structure that best suits your needs in Paterson, such as a sole proprietorship, partnership, LLC, or corporation. 

Register your business

Register your business with the New Jersey Division of Revenue and Enterprise Services. This includes obtaining a business registration certificate, a sales tax permit, and registering for unemployment and disability insurance.

Obtain necessary licenses and permits

Depending on the nature of your business in Paterson, you may need to obtain specific licenses and permits.

Open a business bank account:

Open a separate bank account for your business to keep your personal and business finances separate. 

Understand your tax obligations:

Understand your tax obligations as a business owner, including sales tax, income tax, and employment taxes. 

Create an online presence:

Create a website and social media accounts for your business in Paterson to reach a wider audience.

Relevant websites as you start your journey in doing business in Paterson, New Jersey: 

Business Credit︱Paterson New Jersey

Unlock the Power of Business Credit

Unlock the Power of Business Credit

Business credit is a crucial factor for the growth of your business in Paterson, New Jersey. By establishing a strong business credit, you can secure better financing options and increase your chances of getting approved for loans, lines of credit, and other forms of financing. This can help you invest in your operations, expand your services, and be more competitives. Learn how Nav can help with building your business credit.
Boost Your Business Credit Score

Boost Your Business Credit Score

Small business owners in Paterson, NJ can now boost their business credit with our new features from service provider NAV. You get: Full business and personal credit reports Valuable insights and alerts to track cash flow. Personalized 1-on-1s with credit and lending specialists to better understand your credit score and find the best lending options, plus more. Doing business as a small business owner in Paterson, New Jersey just got easier
Grow Your Auto Repair Business

Grow Your Auto Repair Business

As an auto repair business owner in Paterson, NJ, having good business credit can provide new opportunities for your business. Building a good credit history shows lenders and suppliers that you are financially stable. This can help you get money and resources to grow and compete. Investing in business credit now will only benefit your busines in Paterson and as you expand your business