Are there any grants or other types of money out there to start a small business?

I really, really would like to start my own small business. I can really see this business surviving in the town I live in, but I have no money to get this off the ground. Does anyone know how to get this ball rolling?

Hey there, I have found it helpful, to search online for grants. If you know how to do research, and follow up on information provided, it will be of big help. Don't give up on requesting information for those who ask for money. I got plenty of information, from those sites asking for money. Get links, addresses, phone numbers, and fax numbers, from them. GET as much contact information as you can, while they, or the third person you talk with may not be able to help you, the other may. ;) Take care, and don't give up. :)

would you qualify for an SBA loan?

Why I can start you for as little as $100.00. I hope the link below will help you out.

It is hard to find grants to start a business. Unlike the myths that some perpetuate, federal government and even private foundations hardly give grant money for a for-profit business. And yes, grants mean PAPERWORK - lots and lots of it, that is why a cottage industry of grant writers was born.

Nonetheless, you can go to the Catalog of Federal Domestic Assistance (CFDA) http://www.cfda.gov and Grants.gov http://www.grants.gov - these are two sites created by the federal government to provide transparency and information on grants. Browse through the listings and see if you can find any grant that would support a for-profit venture.

Even if you buy books on "how to get grants" or list that supposedly has information on grants -- all of them are mere rehash of what CFDA has, albeit packaged differently. But still the info is the same - hardly any grants for starting a for profit business.

Even SBA does NOT give out grants. From the SBA website http://www.sba.gov/expanding/grants.html...

"The U.S. Small Business Administration does not offer grants to start or expand small businesses, although it does offer a wide variety of loan programs. (See http://www.sba.gov/financing for more information) While SBA does offer some grant programs, these are generally designed to expand and enhance organizations that provide small business management, technical, or financial assistance. These grants generally support non-profit organizations, intermediary lending institutions, and state and local governments."

Most of the federal grants are given to specific target groups with specific requirements (e.g. minority business owners involved in transportation related contracts emanating from DOT - Grant#20.905 Disadvantaged Business Enterprises Short Term Lending Program

Grants are also often given to non profit groups or organizations involved in training or other similar activities (grant 59.043 Women's Business Ownership Assistance that are given to those who will create women's business center that will train women entrepreneurs

For private grants, you may want to check the Foundation Center's Foundation Grants for Individuals Online. It's a subscription based website ($9.95 per month) but their opening blurb only says that the database is ideal for "students, artists, academic researchers, libraries and financial aid offices." Entrepreneurs are apparently not one of them, so I take it they also don't have listings of private foundations who give grants to would-be entrepreneurs.

Contrary to popular belief... there are no grants to start a business... Get a loan. Contact the Small Business Administration. www.sba.gov.

try looking in the library for books on grants and financial aid i hope this helps

yes search for grants, on online........you will get a lot of help there, this message goes out to cliffordwelch , yes searching for those grants online, can turn OUT to be a big help, if you know how to do your searching ;0 thanks

searching online for grants just mainly gets you to sites that sell info on how to which usually turns out where to lists that haven't helped me. the library has good info. mainly the small business administration can help. you really have to find the guy there who is working to help people, not just for the paycheck. Also, if you have a college near, the financial aid person may have tips or the professor of the small business class could help if he will. good luck, if you land some good info, let us all know.

Some citys or counties offer incentives or financial help to new businesses. Check with the local city or county headquarters where you want to start your business.

Enter Your Message or Comment

User Name:
User Email:
Post a comment:

Archive: Forum -Forum -Finance - Links - 1 - 2 - RSS - All RSS Feeds
The Causes and the Results. 0.044
Copyright (c) 2011 Financial Crisis Tuesday, May 29, 2012 - Terms of use - Privacy Policy