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Step 1
Check the Small Business Administration. Start by checking the Small Business Administration, or SBA. This organization is highly reputed and offers help to small business owners and entrepreneurs. The SBA offers low to no interest loans that help individuals start businesses. While they don’t directly give out grants, they do work with partners who give grants for new businesses. The SBA can provide a slew of other business resources too, along with great advice on how to make a business successful. The SBA has branches in each state, as well as an official website at www.SBA.gov.
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Step 2
Look for State Level Grants. Check into grants that are made available by the state you reside in as well. Often times, states create grants to help out local communities, and new businesses that provide jobs within communities are a great investment for states. Checking nationwide sources may not lead to any information regarding grants offered by individual states. They are widely unadvertised, but they do exist in most states. To learn more about state level grants, visit http://usgovinfo.about.com/od/smallbusiness/a/stategrants.htm.
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Step 3
Visit Government Websites. Check websites like Grants.gov and Business.gov. These websites provide an extensive listing of grants available by the US government, and by using the keyword search tools on these sites, you can find business grants right away. By registering for a free account, once you’ve found grants that you’re eligible for, you can apply for them right on the websites. Details are available for each grant so that you can ensure you’re eligible to apply. These websites are updated often as new grants are posted and older ones are removed, so check back often.
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Step 4
Search for Organizations and Foundations. Another option is to seek out organizations and foundations that offer help for new businesses. Some examples of popular business organizations include the National Association of Women Business Owners (NAWBO), the African American Business Association (AABA), or the Entrepreneur Alliance (EA). By keeping up to date with these organizations and associations or foundations, one can spot grant opportunities offered by them. To learn more about what organizations and foundations there are, visit http://www.businesstown.com/associations/index.asp.
By using the information above, individuals can seek grants for new businesses to help them achieve success.
