A grant is usually money given by a government agency or private business to carry out a given task. Finding free small business grants can be time consuming but with the right direction it is possible.
Define your reason to start a business. This is a absolute must.
Step2
Open your mind. Sticking to your main goal and keeping your mind open to other possibilities for all the other details could make the difference in being awarded a grant. For example: If you want to open a child care facility, you may think about opening one for under privileged children. Being able to show the need of the business will greatly increase chances of being awarded a grant. Government grants may be your best choice here. See resources below on how to get a government grant.
Step3
"Displaced workers" that are unable to find employment within their professional field may be eligible for grants to start a business. Contact the local unemployment office for more information. A displace worker is a individual that lost their job due to a massive lay off or a community disaster.
Step4
A Individual with disabilities that is unable to find suitable employment within their community may qualify for a small business grant. A individual does not have to be considered to be fully disabled to qualify. Contact your local Vocational Rehabilitation office to find out if you qualify.
Step5
Private companies host grants to for endless reasons. Other then buying a list of information the best way to find out about these grants is to contact large business' that might benefit from your company to ask about grants. Finding a private grant for funding a small business may be time consuming. Some business are based of finding such grants and listing them in a ebook. Legit companies should only charge a couple of dollars. You may also check your local library to see if they carry a updated grant book. Grants change every six months, so look for a recent publication. Using a outdated list will only keep you running in circles.
Tips & Warnings
Go to microenterpriseworks.org to learn more about starting your own business.
Comments
klnygaard said
on 7/10/2008 thanks. I know there s a grant out there for me. I believe I can find it. Thanks for your helpful info.
Desula said
on 6/14/2008 This is good information, thanks for the resources.
3-Point said
on 6/12/2008 Thanks for the advice.
pianistic said
on 6/12/2008 Great!
bront3 said
on 6/12/2008 Great information!