Texas Commission on the Arts does not provides grants to for-profits. We regularly receive requests about business start up grants, loans, and financing, so we have compiled a list of resources that we hope is helpful.
Texas Department of Agriculture – Grants (many opportunities are NOT related to agriculture)
State and Federal
This tool lets you see which banks in your community are most likely to make loans.
Credit unions are easy to join and often make small business loans. This site lets you find the credit unions in your community and view their financials and services.
To get a small business loan, you will need a business plan. This site offers an online business plan generator.
A source of demographic data for Texas that may be useful for your business plan.
For-Profit versus Non-Profit:
Texas Accountants and Lawyers for the Arts can help you weigh the differences between becoming a non-profit or for-profit arts business.
A fairly new business structure to consider is L3C (Low-Profit Limited Liability Company). They can be set up in just a few days.
The Wallace Foundation offers some online training and information on nonprofit financial management.
Private Foundation Support:
One of the best ways to research foundations that might support your project is to visit one of the 23 Foundation Libraries in Texas. You will want to make an appointment before visiting the first time and provide the librarian with as much information about your organization and project as possible in advance. To find the library closest to you, look this map.
Crowd funding or crowdsourcing:
Peer-to-peer online solicitation is being experimented with as a funding mechanism for creative work. These various websites will have different terms and conditions (e.g., if your goal is not met, no pledges will be collected; some take a percentage of the dollars rasised; some require the pledges receive a special edition download), so read the fine print and find the one that is right for you.
Nonprofit organizations providing small business loans to individuals and startups. These various websites will have different terms and focus for their services.