Backing Small Businesses supported by American Express | Main Street America
Small Business Grants

Supporting Economic Vitality for Small Business Owners

The Backing Small Businesses grant program, supported by American Express, supports locally significant small businesses facing economic hardship.

Backing Small Businesses Disaster Recovery Grants, supported by American Express

BACKING SMALL BUSINESSES:
DISASTER RECOVERY GRANT

The Backing Small Businesses grant program is now accepting applications for a round of Disaster Recovery grants for eligible locally significant small businesses impacted by recent natural disasters. From Wednesday, May 7 at 9 a.m. CT through Wednesday, May 21, 2025, at 11:59 p.m. CT, businesses affected by FEMA-declared disasters on or after January 1, 2024, can apply for one of 100 available $10,000 grants to assist in their recovery efforts.

Find more information about eligibility requirements, grant program terms, and the application process below.


FAQs

What types of businesses are eligible?

Eligible small businesses are those businesses:

  • that have been in operation on or before January 12024,
  • were located in a county/​parish/​borough listed as a Designated Area of a FEMA Declared Disaster with an incident date on or after January 12024,
  • that operated out of a physical location (meaning brick-and-mortar” location) in an older or historic main street, downtown or commercial district in the United States or U.S. territories at the time of such disaster,
  • that have not previously received a grant sponsored by American Express related to recovery from such disaster,
  • that employ 20 or less full-time employees (including the company owners),
  • that are a registered business entity in good standing in the state in which it was formed and the state in which it does business (e.g., not an unincorporated contractor or self-employed individual),
  • that are not part of a national franchise.

Applicants must be an owner of the eligible small business and 18 years of age or older.

What qualifies as a disaster?

The disaster must be declared by FEMA, and includes all categories of Disaster Types and Incident Types. Incident Types include:

  • Biological
  • Coastal Storm
  • Dam/​Levee Break
  • Earthquake
  • Fire
  • Flood
  • Hurricane
  • Mud/​Landslide
  • Other
  • Severe Ice Storm
  • Severe Storm
  • Snowstorm
  • Straight-Line Winds
  • Tornado
  • Tropical Depression
  • Tropical Storm
  • Typhoon
  • Winter Storm

The incident date of the disaster must include at least one date on or after January 12024.

The disaster must have at least one county listed as a Designated Area eligible for either Individual Assistance, Public Assistance, or both.

What do we mean by “Locally Significant”?

A small business with local significance is involved in and critical to the surrounding community and local culture. These businesses are often long-standing or legacy businesses that provide continuity and a sense of identity to a neighborhood.

Businesses with local significance have also been intentional about developing core values and a business model that supports their communities or addresses an acute community need. For example, a business that regularly hosts free concerts featuring local artists, or a shop that provides goods or services that are unique to the heritage and culture in the community.

I own multiple businesses. Can I submit an application for more than one business?

No, applicants may only apply on behalf of one business. We encourage you to consider which business is most aligned with the goals of the grant program or has the greatest need for support.

Can I apply if I wasn’t impacted by a natural disaster?

No, but later this year, our broader round of Backing Small Businesses grant program will open to offer 400 $10,000 grants for economically vulnerable small business owners with local significance for projects that grow or improve their businesses by building community, supporting their economic viability, or bolstering meaningful change. Stay tuned for more information on this round coming soon.

How will recipients be chosen?

Applications will be reviewed based on:

  • Feasibility:
    • Can the proposed project be completed with $10,000 in funding? If not, have other funding sources already been secured to cover any overages?
    • Can the proposed project be realistically completed by September 302025?
  • Need:
    • What physical and/​or economic loss has the business experienced due to the disaster?
  • Impact:
    • How will the grant funds help the business recover from the disaster?
    • Will the grant funds help the business return to normal operations in a brick-and-mortar location?
    • Will the grant funds be used to help the business leverage sales, re-grow customer base, or better prepare the business in some way for a future disaster?
  • Community Significance:
    • How involved is the applicant’s small business in their community, both in the present and historically?
    • Does the business serve a community-specific need in its operation?

Program Timeline

Informational Webinar: Tuesday, May 6, 2025, at 1 p.m. CT
Applications Open: Wednesday, May 7, 2025, at 9 a.m. CT
Applications Close: Wednesday, May 21, 2025, at 11:59 p.m. CT
Grant Recipients Notified in June 2025
Grant Reports Due in October 2025


Informational Webinar

If you were unable to attend our live webinar, you can still access the recording. The session provides valuable insights on:

- Program overview
- Eligibility requirements
- Eligible grant expenses
- Review criteria
- Application best practices


BACKING SMALL BUSINESSES:
ENHANCEMENT GRANTS

Of the 500 recipients selected for both rounds of $10,000 grants in 2025, a limited subset of 25 recipients will be awarded $30,000 Enhancement Grants, which will allow those business owners the opportunity to create transformative change within their business and in their community (for example, by giving back, partnering with community members, addressing cultural, environmental and/​or access needs in their community, opening a new location and/​or adding staffing).

Recipients of the $10,000 grant will be required to submit a final grant report using a template provided. In addition to questions regarding the completed project, the report must describe how the business would use the $30,000 Enhancement Grant. Enhancement Grant project proposals can be related to the $10,000 grant proposal or they may constitute a separate project.

Please note that Enhancement Grants cannot go towards funding initial project proposals. Initial proposals should only require $10,000 to complete. The $30,000 Enhancement Grants are available only to recipients of the initial $10,000 grant who successfully complete their initial projects, and who have not previously received an Enhancement Grant from MSA. Enhancement Grant project proposals are completed separately, through the final grant report for the initial $10,000 grant.

Program Overview

The broader round of Backing Small Businesses grants will offer 400 $10,000 grants for locally significant small businesses facing economic challenges. The grant funding is for projects that improve small businesses by building community, supporting growth and viability, or nurturing positive change. More details on the application process for these 400 grants will be announced in June.
To receive emails updates about the Backing Small Businesses grant program and other small business resources and opportunities, please subscribe to receive Small Business Resources, Information, and Updates” here. >


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Questions?

Contact SmallBizGrant@​mainstreet.​org

or call 3126105613 and leave a voicemail with any other questions. Please allow up to two (2) full business days to respond to all inquiries.

Main Street America (the National Main Street Center) has partnered with American Express to launch the Backing Small Businesses (the Backing Small Businesses grant program”) which is administered by Main Street America. All Applications become the sole property of the Sponsor and information from the Applications may be provided to American Express. Please review the Main Street America privacy policy here.

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