Nevada Small-Business Grant Funds Go Unclaimed
Millions in Southern Nevada grant money for small businesses remain unclaimed, and many entrepreneurs do not know the funding exists.
Updated on Nov. 13, 2026 in Openings & Closings
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Millions of dollars in grant funding for small businesses in Southern Nevada remain unclaimed. Every dollar of the $4.1 million Capital Readiness Program grant must be spent by the end of next year or it will be lost.
Why it matters
Many entrepreneurs are unaware the funding exists, leaving Nevada small businesses without support that could help them scale and create jobs. The grant is reimbursable, so businesses must spend before they can recover costs.
The Capital Readiness Program carries a $4.1 million grant, and 26 businesses have gone through it so far. The source does not say how much of the grant remains unspent or how many eligible businesses have not applied.
The players
Capital Readiness Program
A Nevada program offering startup, stay-up, and scale-up support, including a $4.1 million reimbursable grant aimed at re-energizing the state's economy.
The details
The Capital Readiness Program provides startup, stay-up, and scale-up support, teaching businesses how to pursue the capital needed to grow and create jobs. Core Martial Arts, a Henderson studio owned by Annie Kang-Drachen, is among the 26 businesses that have gone through the program.
Timeline
End of next year: deadline to spend all grant dollars or lose them.
Openings & Closings
The unclaimed Capital Readiness Program funds show that Nevada's $4.1 million reimbursable grant is competing with an awareness gap among entrepreneurs, not with a shortage of eligible businesses. The grant's use-it-or-lose-it deadline makes outreach to small businesses time-sensitive.
Nevada small-business owners who have not heard of the Capital Readiness Program may be able to claim reimbursable grant dollars before the end-of-next-year deadline. Businesses that spend on eligible growth costs first can then seek reimbursement under the program.
The takeaway
Small-business owners in Nevada should check whether they qualify for the Capital Readiness Program before its spending deadline passes. Early planning can help businesses use reimbursable funds for growth.
Further reading
For more on new and shuttered storefronts across the state, see Openings & Closings.
Source note: This article includes information reported by KSNV.
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