Small Business Grants » Federal Grants

Qualifying for a Business Grant Can Be Easier Than You Think

admin — Tue, 15 Dec 2009 08:38:28 +0000

As the government offers grants for almost any reason, it is perhaps the business grant that is the most popular and useful. Many people try to begin their own business every year and many more only hold the knowledge of how to do so, but out of a lack of money they don’t. It is for these people that the business grant was created. In general, the business grant is given to those applicants that have a solid layout for a business plan and a thoroughly researched return expectancy in the year. The more detailed the reports are, the better of a chance that you have to get the grant.
These business grants are given to new business owners, future business owners and existing business owners. Now you can open your own business now with over 80 sources of Federal business grants. There are many different types of business grants such as: Free Government Money for Women to start their own business, Free Government Money for Minorities to start their own businesses, Obtain Free Government Money for equipment, rent, offices, expenses and overhead. You can use this money to give yourself a salary as you begin your new journey. You must remember that this is Free Government Money and NEVER has to be paid back. It is the best way for business owners and wannabes to get the money that they need.
If you are looking for funding for an existing or new for profit business, you might encounter difficulties in finding and getting grant funding. Government grants are generally (though not always) given to non-profit organizations for programs and services that benefit the community or the public at large. Don’t be discouraged though because there are many grants that are given to for profit businesses as well. If you want to know if your business or business idea is eligible for a grant, visit the government’s business grant website at www. firstgov. gov
Some of the businesses that are eligible for a grant are: non-profits, self help business groups, anything to do with the arts like publishers or galleries, magazines etc. and businesses that are hoping to be the sole provider in a specific locale. You can also get business start up money if you are able to give an outstanding proposal. Sometimes the government grants will be given to people with a great proposal even if they are not necessarily regulated under the arts or beneficial to the community at large. You just need to WOW them in the application process.

Pursuing Government Grants For Your Small Business

admin — Sun, 13 Dec 2009 21:35:13 +0000

What is free government money? Here are a few facts about federal government grants. These grants truly are free government money. You do not have to repay this government grant money. You are not charged any interest on these government grant money. The grants are totally tax free money. You do not require any credit history or banking record to receive these grants.
All the facts above are very good reasons for ordinary people to pursue government grant money.
A commonly asked question is, are there really any government grant programs for the type of business I want to start, an online business?
The Answer, Yes, there are lot many government grant programs or free government money for all types of small businesses, including home based internet businesses.
But before we go into details about government grant programs or free government money for small business, let me caution you about some things.
The money is free but it is not free from government regulations and rules. The first thing you must know is that there is full monitoring and auditing of these government grants. You are expected to spend the money you request in particular manner and for the particular purpose that you applied for.
The grant money that was mutually agreed upon must be spent within a particular time frame. If you fail to follow the conditions set from the government, then there can be heavy penalties, sometimes leading to fines and maybe even your imprisonment. So make sure that the grant you are seeking for your small business is used for the specific purpose that you stated when you applied grant. And make sure the money is used within agreed upon time frame.
Another question that is very common is, how much money is really distributed by the US government for small business purposes?
The answer, can you believe that more than thirty billion dollars are given annually by the government to help small businesses? Yes It’s true.
The thirty billion dollars comes from more than eighty sources at the federal government level, all allocated for small businesses across America. There are also more than three thousand state level sources that sre the source of funding for almost any small business.
There are sub categories also. There are different government grant programs for women, for low income groups and for minorities. More than twelve millions is set aside for these sub category groups.
There can be two basic types of monetary help for small businesses. You can get start up capital to start the business. You can also get monetary help to expand your existing business. More than one million small businesses have received free government money on an annual basis.
What sort of businesses are covered under these government grants for small business programs? As I mentioned before, practically every type of industry, home base industry and so many others are covered under these programs. There are just to many to list in this short article. The research you perform will expose the exhausting list of qualified businesses available for these federal and state grants.
If your grant search is intensive and thorough enough you will have no problem finding a grant to fit your needs. When you do find one choose one that is suitable for your needs. Make sure that you qualify and are truly eligible for the grant. If you are persistent enough to get through all of the red tape and follow the application instructions as instructed you may be well on your way to benefitting from a free government grant for your small business.
I hope this article was of some use to you and good luck with your search for a federal or state government grant.

How You Can Find Out About Available Small Business Grants

admin — Mon, 02 Nov 2009 14:08:07 +0000

There are many places that you can turn in order to find the best grants for you to apply for. Here is where I will list them all. The Catalog of Federal Domestic Assistance is a major provider of grant money for businesses. This is even in spite of its decline in funding for social services and health and welfare programs during the years. Most federal agencies have some type of grant program.

You can also check out the Federal Register. In order to keep current with the continually changing federal grants that are being offered, you may wish to keep on checking the Federal Register, the government’s daily newspaper which you can also find at the Superintendent of Documents and lists notices of legal rules and regulations, and application deadlines for new grant programs from federal agencies.

FedBizOpps is another great resource for finding grants. Besides awarding grants, the federal government also awards contracts to some businesses. It’s a mechanism that you can use to support a project whereas an actual contract is an instrument that you can use to get a project. FedBizOpps is a great resource for finding federal government grant opportunities that are higher than 25,000. All federal agencies must use FedBizOpps as a means to tell the public about contract opportunities over $25,000. You can find it online at http://www.fedbizopps.gov.

Finding Out About Private Grants

Private grants come from both foundations and corporations. There are more than 65,000 private grant foundations in the United States. Every year, they award more than $20 billion to those people who ask for it. Federal law mandates that foundations must give away 5 percent of their market value assets or interest income each year, whichever of these amounts is greater. Foundations must follow the 5 percent rule or they risk losing their tax-exempt status.

Right now there are about 15 percent of the private foundations that actually maintain websites that offer grant-related information, and that number is slowly growing. There are two major Web sites that maintain links to these particular foundations. One of them is maintained by the Foundation Center: http://fdncenter.org. The other one of them is maintained by the Council on Foundations: http://www.cof.org. Foundations award grants to businesses and groups that are presenting a convincing case that they will help the foundation reach its long-term goals.

Some foundations make their money available for specific purposes, such as building funds, operating support, equipment, or seed capital. Some foundations make their money available for specific businesses. Of course, others have their own specific priorities and interests, which determine the types of programs they are willing to support. I would suggest your researching this to be sure you are eligible first.

By: Abbas Abedi

Where To Find Small Business Grants For Your Start-Up

admin — Wed, 21 Oct 2009 20:32:05 +0000

Grants are given every year for a variety of reasons, from small business start-ups, continuing education, preserving historic monuments, to art. Business grants are usually given to applicants that have a solid business plan, and the more detailed the reports are, the better chance of getting the grant.

When starting up your own small business, the first priority would be to find start-up capital. The best capital to get is the small business grants such as free grants that you never have to pay back, or other types of grants that are more like loans and require repayment with interest.

New business owners and existing business owners are eligible to apply for business grants. There is a wide array of Federal business grants available such as Free Government Money for Minorities, Free Government Money for Women, and Obtain Free Government Money for equipment, rent, offices, expenses and overhead

There are numerous sources to find the best business grants:

The Catalog of Federal Domestic Assistance is a major provider of business grant money. The Federal Register is another good source to help you keep current with the continually changing federal grants offered. FedBizOpps is another great resource, as all federal agencies must use FedBizOpps to notify the public about contract opportunities worth over $25,000. The U.S. Government’s Grants has its own website where you can find, obtain information and apply for many of the grants that are available. Government’s Catalog of Federal Domestic Assistance (CFDA) provides a listing of Government grants and other types of assistance that you can receive.

Federal law mandates that government agencies and private foundations give away over 1 trillion dollars to individuals and businesses. Foundations are required by law to distribute 5 percent of their market value assets or interest income annually, whichever of these amounts is greater, or risk losing their tax-exempt status.

The incentive for giving away grants is great. First, elected officials seeking reelection give away billions in government cash so that people vote for them; second, big corporations save a lot of money in taxes by giving money to foundations.

Another option when starting your business would be to apply for private grants from foundations and corporations. Foundations award grants to businesses that are able to help the foundation reach its long-term goals. In the United States there are more than 65,000 private grant foundations which award more than $20 billion to applicants. Two good resources for private grants are the Foundation Center and the Council on Foundations.

By: Susan Jan

Where to Find Small Business Grants for your Start-up

admin — Fri, 02 Oct 2009 06:26:58 +0000

New business owners and existing business owners are eligible to apply for business grants. There is a wide array of Federal business grants available such as Free Government Money for Minorities, Free Government Money for Women, and Obtain Free Government Money for equipment, rent, offices, expenses and overhead

There are numerous sources to find the best business grants:

* The Catalog of Federal Domestic Assistance is a major provider of business grant money.

* The Federal Register is another good source to help you keep current with the continually changing federal grants offered.

* FedBizOpps is another great resource, as all federal agencies must use FedBizOpps to notify the public about contract opportunities worth over $25,000.

* The U.S. Government’s Grants has its own website where you can find, obtain information and apply for many of the grants that are available.

* Government’s Catalog of Federal Domestic Assistance (CFDA) provides a listing of Government grants and other types of assistance that you can receive.

Federal law mandates that government agencies and private foundations give away over 1 trillion dollars to individuals and businesses. Foundations are required by law to distribute 5 percent of their market value assets or interest income annually, whichever of these amounts is greater, or risk losing their tax-exempt status.

The incentive for giving away grants is great. First, elected officials seeking reelection give away billions in government cash so that people vote for them; second, big corporations save a lot of money in taxes by giving money to foundations.

Another option when starting your business would be to apply for private grants from foundations and corporations. Foundations award grants to businesses that are able to help the foundation reach its long-term goals. In the United States there are more than 65,000 private grant foundations which award more than $20 billion to applicants. Two good resources for private grants are the Foundation Center and the Council on Foundations.

By: Sue Jan