The Verizon small business grant offers eligible business owners an opportunity to receive $10,000. Before applying, understand the requirements, decide how the funding would support your business, and prepare the information needed for your application.
Illustrative example: A small service business wants to replace aging equipment. Before applying, the owner gathers supplier estimates, identifies the work the equipment would support, and separates essential purchases from optional upgrades. As a result, “we need funding” becomes a specific business plan.
Verizon small business grant: eligibility and requirements
Verizon and LISC are awarding $10,000 grants to 10 small businesses monthly from June through December 2026. Apply once. If your application is not selected, it remains under consideration for later rounds.
- Who: Owners aged 18 or older of for-profit businesses in the United States, Puerto Rico, or U.S. Virgin Islands. Nonprofits are ineligible.
- Unlock the application: Create a Digital Ready account and complete two eligible courses or events during January 1–December 7, 2026.
- Before applying: Review the current official instructions and submit accurate information.
- If selected: Finalists must pass verification; finalist status does not guarantee an award.
NP’s approach: fit, purpose, preparation
Start with fit: does your business meet the published requirements? Next, define purpose: which business need would the money address? Finally, prepare: can you explain your numbers and support your statements?
Keep the grant separate from your base operating plan. Build a plan your business can follow without winning. Then identify what an award would allow you to improve or accelerate. Our business funding resources can help you explore the broader preparation process.
Prepare before you open the application
The following is NP’s preparation checklist, not a list of additional Verizon requirements:
- Write a one-paragraph business summary. Explain what you sell, whom you serve, and the problem your business solves.
- Outline a realistic use of funds. List proposed purchases, estimates, and the business purpose of each. Check them against the program’s actual rules.
- Review your financial records. Know your revenue, expenses, and cash position. Use our financial-readiness checklist to identify gaps.
- Organize supporting information. Keep business details consistent and files easy to locate. Follow our business document organization guide.
- Review before submitting. Confirm your answers match your records. Keep a copy of what you submit and note any follow-up instructions.
For a starting point, explore the free NP business resources. If your books need attention, our QuickBooks Online bookkeeping services cover setup, cleanup, and ongoing bookkeeping. Purchasing NP services is not required to apply and does not influence grant selection.
Your next step
Review the official Verizon small business grant requirements. Then decide whether to complete the learning activities and apply. Submit information only through the program’s official channels.
Review Verizon’s Grant Requirements →
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Subscribe to NP updates →Cornelius Frazier, MBA
Founder, Net Profits Consulting · Business Consultant · Operations Strategist · Certified Business Educator
Cornelius combines a B.A. in Accounting, an MBA, and 24+ years in business and finance with hands-on entrepreneurship and operations experience. His work focuses on helping business owners understand the numbers, improve systems, and make better business decisions.
Learn more about Cornelius and Net Profits Consulting →
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