Business Grants
Each year, the United States government is required to give away free money to citizens and residents of the United States. More than $50 billion dollars is given away every year to individuals and businesses in the form of free grants. This money often comes in the form of small business grants and can be used for almost any purpose – including to buy property, start a business, buy equipment, pay expenses, etc.
The government has special programs set aside for small businesses and business start-ups that are designed to assist in business development, revitalization and administration by providing funding for businesses through government grants, loans and other sources of funding. The following programs for finding business grants are ones that we have found to be particularly useful. (Detailed reviews at bottom).
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| Federal Grant Source ™ |
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| US Grant Assist |
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| National Grant Secrets |
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Reminder – although the products and information these sites provide is free, you will typically have to pay the cost of shipping which is normally about $1 – $2.
How Will The Current Economy Affect My Chances to Get a Government Grant or Scholarship?
One benefit of the current economic crisis is that there is a lot of government money available. A huge chunk of this money has been reserved for government grants and loans to help assist business start-ups as well as existing businesses. The President has made it a goal of his administration to provide money for small businesses through SBA grants, and other forms of government funding through grants and loans, particularly for business owners, and assorted grants for just about everything else. The goal is to bring this country out of recession in 2011, and the government intends to do so by increasing the amount of money available for existing small businesses and especially to start a business.
Am I Eligible to Receive Government Grants?
As long as you live in the United States and are a citizen or resident you are eligible to receive a free government grant. The government is legally required to give away a portion of the tax money it collects each year, in the form of government grants. We are here to educate the public about Government Grants because only about 15% of available grants and loans for small businesses are even applied for! This is great news for you and the process to apply takes only a few minutes. It’s free money – Why not claim it?
Do These Government Grant Programs Cost Money?
Typically, grant companies will charge anywhere between $35 and $150 as “administrative costs” to make up for the time and resources it takes them to find and provide programs to apply for grants. However, due to our status as a consumer review group, we have been able to get them to supply us with a limited number of free trials of the exact same software for our readers. You only need to pay a small shipping fee (normally about $1 – $2) to receive the grant packages. The programs we review are a must-have if you want to apply for a government grant because they make the entire process easy, fast, and sometimes even provide a means for you to apply for certain grants within just minutes. Get grants from $50,000 – $250,000 or more, free, that you never have to pay back whether you have an existing business yet, or not.
The government is basically trying to give money away to entrepreneurs in order to jump start our economy by providing the means for small business owners and business start-ups to pay off bills, or whatever else you need.
THE REVIEWS:
Our #1 choice – Federal Grant Source ™ is truly the cream of the crop. We gave them 5 stars just for their grant information, before we realized just how great their customer service was. This program comes with grant writing software and templates (just fill in a few fields such as name, and address of where you want your check mailed) and it prints out a ready made grant application. Their grants database is updated daily, so you’ll always have access to the latest info. You may be eligible to receive up to $50,000 in grant money that you never have to repay, but they are only offering this deal on their grant kit for a limited time so be sure to reserve yours now.
US Grant Assist is another long running program. This organization has been around forever, and for good reason. It does not require credit checks, collateral, security deposits or co-signers. Even if you have declared a bankruptcy or currently have bad credit, as a tax payer and U.S. citizen or resident, you are entitled to apply for this money! Take advantage of this free trial offer by paying a small $2 processing fee.
National Grant Secrets is different from the other two programs. It’s more expensive with an up front cost of $47, but this is the only negative thing we saw about this product. This automatic grant writing software has the advantage of being reusable as often as you like. You just fill in your basic info and it searches for grants that you qualify for and automatically fills them out for you. If you can afford it, you’ll likely get back many times this amount with the grants this thing will crank out for you. Super easy to use & has really good info on grants for women, minorities and people who have recently lost a job.
A few more words about business grants
If you are having a hard time dealing with your current job or if you just can’t land a job either way, why don’t you try financing your small business? After all, it is a job by itself and you would not have to go through the cumbersome process of job application and such. In fact, you would be your own boss!
Grants for small businesses are being given by different states. But of course, grants for small businesses would be highly dependent upon a respective state’s requirements, or availability for that matter. Applying for such may entail some effort. However, the long run outweighs your effort in obtaining small business grants.
As of now, there are no direct small business grants offered by the US federal government. But the good side is, many state and local governments gives small business grants in order to encourage people to value the promise of entrepreneurship, to give more jobs and earnings.
Starting up a small business may be your best single path to a promising future!
Obtaining small business grants is no easy task. In fact, it is not given indiscriminately to a person who just wishes to have a small business. Small business grants are given to those who are serious in starting up their own thing, which points down to this question: How do I start with my own business?
In starting a small business to ensure an approval of a small business grant, make sure you take note of the following factors:
• Choose a particular business that is profitable and make sure it is in demand. Take time in choosing; make sure it is what satisfies you. Because in the long run, wise decisions would really bring about great results! Just imagine living through a small business that is not really your interest. That would definitely suck, right?
• Research on that particular small business. Take note of its pros and cons, its nuances, strategies, feedback from other people who pursued such business, and so on. Avoid schemes that promise easy results that would make you rich in no time. Those schemes are only synonymous to snares that would only bring you nowhere. Remember, one cannot be a millionaire overnight just because of a small business grant – it takes time and good effort.
• Plan on a wise business structure. You would not want jeopardy when your business starts running, plan ahead of time to eliminate future headaches.
Why should you apply for a business grant?
Out of all possible small business grants, those given by the government are the most appealing. It lifts the burden of accumulating capital through savings and immediately helps you with your small business. Most business grants are given to prospective small business that benefits the population at large.
Another reason why you should apply for business grants is that you already earn before you start paying the state for your debt. There are various fixed periods set upon by the state in order to pay for the debt. So in a way, you become the creditor of the state without that immediate pressure. You would not even notice that you are already paying for your debt!
Expanding your business is also applicable!
Business grants given by the state do not only apply to those who wish to start with their own businesses; it also applies to those who wish to expand a small business. The resources and business grants given by the state, therefore, can also be given to improve an existing business. The business expansion grant is also subject to the same requirement as that of any small business grants.
Tips for applying for small business grants
One factor is the key to getting your small business grants approved – persuasion. Persuade the particular state authority that your business is serious. Allow them to see detailed business plan, your vision and target market. Make sure all of them are feasible and not idealistic. With all this present in your application, it would be almost certain that your small business loan would be approved right away.
The benefits of getting small business grants is endless – not only that you have financial assistance in starting a small business, you can now be also assisted by the authorities in making your business a success! The state would give you possible contact that may improve your small business. Make sure you utilize all this to have that added security to your future business.
Worst Case Scenario: What if I don’t get any business grants for my small business?
Well, the world would not end should your small business loan get rejected or does not pass. You have various options – you can ask a valid intermediary to re-apply, avail of a small business loan programs offered by lending corporations, banks, and the like or look for angel investors in your area.
Small Business Grants – Conclusion
Overall, there is no better gratifying “business” experience than getting small business grants. Not only does it help you in starting a small business, the benefits and promises it gives are very beneficial to your chosen field. Come to think of it, help of this nature does not come every day. Before you completely pay off your debt to the government, you would be far richer – that is, if you utilize your resources and business grants and work hard for the prize.
