Small Business Grants
We've all seen the headlines: "Millions in free government money for your business." Late-night infomercials and Internet advertisements promise grants to start or expand a business. Sound too good to be true? Well, some is True, some may not be.
Facts About Government Grants
The federal government does not provide grants for starting and expanding a business.
Grants from the federal government are only available to non-commercial organizations, such as non-profits and educational institutions in areas such as, medicine, education, scientific research and technology development. The federal government also provides grants to state and local governments to assist them with economic development.
Some business grants are available through state and local programs, non-profit organizations and other groups. For example, some states provide grants for expanding child care centers; creating energy efficient technology; and developing marketing campaigns for tourism. These grants are not necessarily free money, and usually require the recipient to match funds or combine the grant with other forms of financing such as a loan.
If you are not one of these specialized business, both federal and state government agencies provide financial assistance programs that helps small business owners obtain low-interest loans and venture capital financing from commercial lenders.
Keep in mind that depending on your industry there CERTAINLY may be Federal/State/Local contracts that you may bid on to receiving funding for your product or services. Guess What? Campbell-Jackson Management, LLC can assist you in setting your business up in the Central Contractor Registration (CCR) databases, help you market to them, and locate opportunities nationwide for you to submit your bid to the various Federal Government agencies. We can also help in preparing your bid as well.
Have a Question about Government Grants?
Visit the Finance, Money & Taxes Community Forum to get answers to your questions, and discuss financing issues with other small business owners and industry experts.
Also, the following sites may have products and services that will make your business grow easily and exponentially - worth a try!
Starting or needing to grow your business? Sometimes it is very helpful to have someone in your corner - someone who can help guide and mentor you through the process. If you are looking for help in creating a successful, sustainable business - try:
MAKE SURE TO UTILIZE THE RESOURCES AVAILABLE TO SMALL BUSINESS VIA THE SBA CLICK HERE FOR SBA RESOURCE GUIDE
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