How to get free money from the government


by OfficialGovernmentGrants - Date: 2007-09-11 - Word Count: 674 Share This!

OfficialGovernmentGrants.com
Your source for getting money from Uncle Sam!

Free Government Grants for Small Business
Starting a small business has proven to be on e of the best ways to build wealth in America. Over 90% of all millionaires are small business owners. Taking the first step towards financial freedom is the most important thing you can do.

Now, financing your business venture can prove to be more difficult than many imagine. The good news is that there are thousands of grant programs available to people looking to start or expand a small business.

Many grant websites out there would like us to believe that it's as easy as locating an obscure federal grant program and then sending them a letter and wait for the check in the mail. Furthermore, they'll charge $59 for this info and provide no guidance on HOW to apply for the grant.

It is important to realize: (i) It is NOT that easy to get free money from the government (ii)...but it IS absolutely possible, with a little research & work, to get truly FREE money from the government (or any one of several private foundations).

Now, most US government grants for businesses are targeted at larger corporations or non-profits organizations, particularly those specializing in education or medicine. An often overlooked source for getting money for a small-business is from private organizations and state agencies (visit our website for more free info).

The process of finding a small business grant program to apply for and reviewing the requirements to getting is very time consuming. After conducting a two-week search for a medical publisher, I found the requirements to be very specific and difficult to meet.

Eligibility can be based on your location, and your business' sales revenue to the application date, years in business, sex, race, and even for the purpose of funding. If your business sets out on a small business grant seeking mission there are some questions that you will have to answer which are:

1. Do you have the time and the resources available so that you can search for a small business grant program and apply for it?
2. Can you afford to hire a consultant if you are unsure of how to do it, or can you learn the grant application process by yourself?
3. Does your business need the money right now for expansion or can you wait up to a year?

If you want to take a look at the small business grants available, the best place to start is the Catalog of Federal Domestic Assistance (CFDA). The CFDA lists thousands of grants from all government agencies for free. Many business grants will be geared towards minority business development or rural business opportunity grants. Do not overlook the other assistance programs available such as equipment and training.

When you do locate a small business program, you will need to be ready to go through the, approval process. Most beginners spend too much time searching for a grant program then not enough time preparing and writing the grant application. This is crucial to your success as getting grant money. Our goal is to help people spend less time finding grants and providing them with a detailed approach to preparing a successful grant application. Here are some tips:
Small Business Grant Tips

- Provide the grant company with all of your complete and accurate information in the application. An incomplete application will likely not make the review process or it can add delay your grant form getting approved.
- Get to know your grant officer and their constraints, budget and concerns with approving your grant.
- Stand out among the crowd with a well-prepared business plan if required. You will have to demonstrate your understanding of the business. Show how the money will bring the benefit the government agency wants.
If you find that you are willing to go through the steps that will be needed in order for you to get your grant, then this will be your comprehensive guide to making it happen. Visit our website for some free resources such as state funding agencies and more grant writing resources.


Related Tags: small business, s, government grants, small business loan, grant, federal grants, government grant, small business grant, federal grant, federal money

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