Does anyone know anything about govt. grants for starting a business? I'm not a minority.?
Answer:
It is hard to find grants to start a business -- even for women and minorities. There are more government loans available to women and minorities, but not grants.
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."
Here is a listing of federal grants for small businesses. See if there is any available for individuals for starting a business -- THERE'S NONE.
http://12.46.245.173/pls/portal30/catalo.
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.
Dear Dan,
It is not easy to get a grants for starting a business, you can start your own business without any grants.
You will not be rich by one click but as long as you put your double effort, i'm sure you can see a positive result, go for the internet business which requires less of your time and the one that will not make you feel headache with web designing, or which require IT knowledge. Second, choose the internet based company which offer you the opportunity and at the same time giving you the convenience to start the business. Third, choose the business, which does not require big money to start it.
All the above is only available from: http://www.website.ws/innerhealth.
Honestly, I tried so many opportunities offered through the internet and this is the only one that really works. Another one advantage of being in the internet business is you can get rid from the Income Tax.
PLEASE NOTE: You only will understand the whole marketing concept if you read every details & the trial period is FREE!
General Information:
COMPANY NAME: Global Domains International Inc
LOCATION: CA, USA
CORPORATE INFORMATION/COMPANY PROFILE : Login here: http://www.freedom.ws/innerhealth.
Remember, You CAN'T guarantee whether you will get many fish or not by spreading your net into the sea, but u CAN guarantee that there is no fish at all if you never spread your net into the sea.
Before you click on any link under searches for government grants beware. I did that and constantly get emails and phone calls from these companies saying that they want money to send me a list of grants available.
i went on www.grantwritingmagic.com,i am getting a cd in the mail in seven to 10 days. you have to sign up with grant writing magic to get the cd, but you can cancel with grant writing magic in 14 days. you still get the cd. i hope this helps you.
go to http://www.grants.gov
It is also best to look into private foundations.
The answers post by the user, for information only, BAnswer.com does not guarantee the right.
Other Questions and Answers: