Deciding to apply for a small business grant can be a daunting task. However, if you follow the directions and try not to do everything all at once, then you shouldn't have any problems. Here's some advice if you're looking to apply for a small business grant.
How to Get Small Business Grants
The fact of the matter is that US grants are given every year for just about every reason that you can imagine. Grants are given for small business start-ups, preserving historic monuments, continuing education, and art. These are not the only grants that are offered, but you get the idea. For every million grants that are applied for each year only a few hundred are actually granted. Some of them are free grants, which mean that if you receive one of them, you don’t have to pay for it. Other grants are more like loans and require repayment with interest. Getting a business grant is going to take a lot of time, but it is worth it if you are starting a new business. Government and corporations are required by law to distribute billions of dollars to people every year. Those who know what programs are available are the ones that will receive the money. It is a time when you can get the money you have invested into the government back tax-free. You can apply for any of the available grants that start at: $14,000 to start a home-based business or $2 million dollars to build a new low-income apartment complex. You can apply to one program or apply to as many
different programs you would like, including the following: grants to write a novel, grants to go back to school etc. For just about any thing that you could need, there is a grant for it. If you know where to look, you can find a grant program to fit your needs. There individual grants that you can get if you are a minority as well. A good place to find grant programs is here: http://d5.dir.scd.yahoo.com/education/financial_aid/grants
Government agencies and private foundations are required by law to distribute over 1 trillion dollars to businesses and individuals like you. They give away this money for 2 main reasons: First, elected officials who want to stay in office give away billions in government cash so people will continue to vote for them. The second reason is because big corporations have figured out ways to save a lot of money in taxes by giving away money as "foundations". As long as it is good for their bottom line, the funds will keep flowing during good times or bad.
If you want to apply for a small business grant I would suggest that you follow the instructions that are laid out exactly. Failing to do this will result in your application getting ignored and that is the end of it. You have to be certain that your grant proposal lists everything about your business and the monies that you will need. Try to list them all if you want to get the right amount of money. Since someone has to get it, why shouldn’t it be you?
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Category: Personal Finance