Government grants for small businesses are a great way to get the money to fund your start up!
How many times have you had a great business idea, but no start up capital? If you’re not already an entrepreneur, or related to one, you might not even know anyone with the money or contacts to money that could help you.
You could try going to a bank, but if you don’t have some sort of collateral, you’re probably out of luck–especially in today’s economic climate.
Besides, you have to pay loans back!
How about the idea of getting a government grant?
What’s so great about government grants is there is money currently available for every possible type of business. More importantly, once you secure the money, you don’t have to pay it back. So, it’s not going to cut into your fledgling business’ profitability.
You can also get grants from private organizations!
I suspect you’ve heard that you have to jump through a lot of hoops to get grants. Well,…that’s actually true. But I’ve got news for you. As an experienced entrepreneur, if you can’t get through the details of a grant application, then entrepreneurship might not be for you.
Really, it’s not all that difficult. If you want to start your business hard enough, you’ll get through it in style.
There are many resources on the Internet you can use to find grants. Two are the Foundation Center and also a site called Grants.gov, which is run by the government as a sort of grant clearinghouse.
The Foundation Center is the nation’s leading authority on philanthropy. Other than hooking you up with non-governmental money sources, they have a number of great online courses you can take that will really help hone your grant application skills.