Small Business GrantsWe've all seen the headlines: "Millions in free government money for your business." Late-night infomercials and internet advertisements promise grants to start or expand a business. Sound too good to be true? It is.
Facts About Government GrantsThe federal government does not provide grants for starting and expanding a business.Grants from the federal government are only available to non-commercial organizations, such as non-profits and educational institutions in areas such as, medicine, education, scientific research and technology development. The federal government also provides grants to state and local governments to assist them with economic development.
Some business grants are available through state and local programs, non-profit organizations and other groups. For example, some states provide grants for expanding child care centers; creating energy efficient technology; and developing marketing campaigns for tourism. These grants are not necessarily free money, and usually require the recipient to match funds or combine the grant with other forms of financing such as a loan.
If you are not one of these specialized business, both federal and state government agencies provide financial assistance programs that helps small business owners obtain low-interest loans and venture capital financing from commercial lenders.
How to Find GrantsIf you are a small business owner, use our Small Business Loans and Grants Search Tool (refer to links below) to find specialized small business grant programs.If you are a non-profit organization or a for-profit business involved in scientific and technology research and development, consult the following resources:
Find and apply for thousands of federal government grant programs.
Search a comprehensive database of grants, loans and other assistance programs available from federal agencies.
The following is a selection of major grant programs provided by federal government agencies.
Arts, Humanities and Education
Community and Social Services
Health and Medicine
Science, Technology and Environment
Source: Business.gov
Getting a Government GrantThe truth is that federal and state governments do not provide grants for starting and expanding small businesses. However, the U.S. government does offer a wide-variety of low-interest loans and venture capital financing programs to help entrepreneurs start and grow their businesses. In addition, some federal and state agencies award a limited number of grants for very specialized business activities such as scientific research and development.
No, it is not easy to get a government grant for a small business. Don't waste your money on any book that says it is easy or that the author can guarantee anything of the sort. If it were that easy, everyone would be doing it. I mean think about it. All these books, websites and services are telling you 'get a free grant from the government and never have to pay it back.' Since when have you ever been able to get something for nothing.
Instead, check out the U.S. Government's official business portal Business.gov -- it has a Loans and Grants search tool -- http://search.business.gov/startLoans.html -- that will help you find loans, grants and venture capital from federal, state and local government agencies, include the Small Business Administration.
And remember this: If it sounds too good to be true, it usually is. As cliched as this sounds, it really is sound advice and by heeding this advice you can save yourself a lot of headaches and most likely a lot of money that would be better invested in your business!
it is really tough. your business has to be founded by or create something usually for minorities. low income, women, black/hispanic ect. Don't give up on this search because you can find funding but there might be a few loop holes or maybe there is a specific grant for what you already plan to do.
--- Unless your business involves the development of new technology or is a non-profit organization, you will be wasting your time looking for a grant.
You can obtain small business financing from the federal government.
No one gives grants to start a business only loans, ie..Small Business Administration.
I need a small loan
No, the federal government does not offer small business grants. You can get a small business grant from many state development agencies that offer them.
what type of grant can a small business get
If you are receiving a small business grant it is best to include it in your business plan. If you include it in your plan you are able to show a better profit/loss statement.
Small business administration
After getting the clear idea about the small business which you want to start and amount you received from the government you can start the business
Use the link below to the US Small Business Administration.
You can get a small business grant in several different ways. First, you can apply to the Small Business Administration in the federal government or apply for a local community foundation grant.
Contact the Small Business Administration.
No, the federal government does not offer small business grants. You can get a small business grant from many state development agencies that offer them.
A person can apply for a grant for a small business through government organizations like local and State governments. Small business grants may be given to companies that have 100 to 500 employees. It also depends on the type of small business. Sometimes one can apply for a small business grant through a non-profit organization.
where do i apply for a small business grant in oklahoma
You can apply right here http://www.grants.gov/. Run by the us government.
Small business grants are often very specific, but there are many of them. If you can find one that your business qualifies for, you will need to write a grant proposal. You should apply for as many grants as you can. Even if you don't think your business qualifies for the grant, if you can justify how it qualifies in your proposal, you can sometimes win the grant. You can get a small business grant by searching online for state and federal business grants. You can also get a small loan from regional, local or national banks. The Federal Government has free information on this topic.
what type of grant can a small business get
In order to qualify for a small business grant, the business must meet government standards. Some of these requirements include the number of employees, which is based off of the industry the business is in. These grants cannot be used for starting or expanding a business.
The Ontario government has several incentives for small business owners especially new business owners. Start by searching the government's website and follow links for small business owners. You can also call them to get more information.
How can I get grant money to upgrade and increase my small business?