The Truth About Government Grants for Your Business

Free money! Receive up to $25,000 that never hasgood place to start is the Small Business
to be paid back -- Guaranteed! Get a grant to startAdministration. They've got a great Website that has
your own business today!If you're a small businesslots of information to get you started. You can even
owner, or you've always dreamed of starting yourtake free online classes to learn how to write -- or
own business, you've probably run across ads liketweak -- your business plan.After that, start locally.
these. Companies that "guarantee" you'll get a grantCheck with your own Small Business Development
to start your own business that never has to be paidCenter, Chamber of Commerce or, if you're in a rural
back. Purchase their product, and they'll give you thearea, Association of Government office. If there are
"secrets" to making all your money troubles gosmall business grants available in your area, these are
away.Have you ever wondered if all the hype isthe experts who will know about them.Don't forget
true? Can you really get free cash to start or expandabout your local library. The librarian in charge of the
your business? Before you spend your hard-earnedresearch section is very knowledgeable, and can
money on what could turn out to be nothing moreprovide you with a wealth of materials.It's important
than a list of names and addresses (that you canto keep an open mind and think outside the box
actually get for free in the Internet by the way),when you're looking for grants. Not all grants come in
keep reading to learn the truth about grants forthe form of cold, hard cash. You might be able to
individuals and business start-ups.First of all, what is afind funding that will pay for the training you need,
grant?A grant is a sum of money that is used for abusiness classes or get a scholarship to go to your
specific purpose. Grants are given away by charitablelocal community college.Your local Small Business
organizations called foundations, and their soleDevelopment Center may operate a "small business
purpose is to give away that money.In addition, theincubation center" and can provide you with low-cost
U.S. Federal government also gives away billions ofoffice space that includes telephone lines, use of
dollars of grant money every year for many reasonsoffice equipment, meeting rooms and someone to
-- including to support and encourage economicanswer calls and take messages.If you need help
development and small business growth, which iswith advertising or marketing your products or
where you come in.So what's the catch? (You knewservices, look to larger corporations, your local
there had to be a catch, right? I mean, if it was thatchamber of commerce or your city's economic
easy, every new business out there would bedevelopment office. They may offer co-op
starting out in the black!)Most corporations,advertising programs, reduced printing costs on
foundations and government agencies ONLY givespecific advertising campaigns, and other resources
grant money to nonprofit organizations that have afor getting your name out to your target market. If
501(c)(3) designation from the IRS.The mostyou sell products for nationwide companies, check to
common grants given to individuals are in the form ofsee if there are advertising incentives where they'll
scholarships.So, are there any grants available to youhelp to pay for your advertising costs.If you're a
as a small business owner? Yes. Is somebody justmember of a professional or trade organization, see
waiting to hand you a check for $25,000? No. In fact,if they offer programs. Check the Internet. You can
you may never actually see the cash. But thatfind grant information from the federal government
doesn't mean you can't take advantage of all theonline. The foundation center is another great
programs that are out there -- and that could add upresource with an interactive database. Women should
to a lot more than $25,000. You just have to knowutilize women's organizations and the women's
where to look and what to ask for.Here's how itbusiness centers.You can check the foundation
works. First of all, be prepared. Finding a grant iscenter online for a very comprehensive listing of
going to take some work on your part. You'll want tofoundations and the grants they offer.
set up a system for keeping the informationAgain...remember that most foundations DON'T give
organized. You can create a paper system with filesgrants to individuals, so don't waste a lot of time
and a calendar, of do it on your computer. You'relooking at the foundations themselves. Instead, LOOK
going to want to separate your research intoFOR THE NONPROFIT organizations they have give
classifications that make sense for your business, plusgrants to! You're looking specifically for economic or
you'll need to keep track of who's giving what awaycommunity development grants.That's you'll actually
and the corresponding deadlines.Next, you'll have tobe able to access whatever grants, services and
do some research to find what programs areresources are available, because the nonprofit
available in your area, and what the guidelines are.organizations are the ones who work with indidivuals
Then you'll have to do some deeper research, toand provide "service delivery."To find out who is
eliminate the ones you don't qualify for. (Most grantsgetting the money, check the foundations 990 tax
have some type of restrictions -- some areforms, which are usually available online. That will tell
geographic, some are targeted towards specificyou which nonprofit organizations to contact.Keep a
groups, some are for specific types of businesses,file of all the possibilities, and hone your research to
etc.)And the third and final step will be to apply forthe sources that provide the best fit for your
the grants you qualify for and need. (For a smallneeds.There are resources out there, if you're willing
business grant, what's required is usually a wellto spend the time looking for them. Keep an open
written business plan).So how do you get started?mind, be willing to think outside the box, and never
Before you start looking for grant money, you needgive up!Cheryl Antier is the President/CEO of Dream
to figure out exactly what you're looking for. WhatWeaver Enterprises, a business and fundraising
exactly do you need to take your business to theconsulting company. MAPS (Microenterprise Answers
next level. This will not only help you to be moreto your Personal Success) was started as a way for
focused on your business goals, but it will give you aher to give something back to other women,
better idea of where to start looking and save youbecause of the blessings she's received in her life.
time in the long run.For example, do you needMAPS offers a free monthly ezine called "Directions".
training? Maybe you've realized you need to learnSubscribing is easy and you can unsubcribe at any
how to use a computer, learn to build your own Webtime with a simple click of your mouse. Your privacy
site, or master a specific program such as word oris important, so your information will NEVER be
excel.What about technical assistance? Are you tryingshared. "Directions" does all the research for you --
to learn a new process or need to learn how to usefind out about the latest programs, grants and
specific equipment?Do you need assistive technologyfunding opportunities in your area -- and know
because of a disability?Do you need cash to purchaseBEFORE you apply if you qualify. NEVER be taken in
equipment and supplies?Make a list of exactly what itagain by a con artist. Monthly ALERTS will warn you
is you need, and prioritize it. Figure out a schedule ofabout scams. Read reviews of the latest programs,
when you need to have it. Create a basic budgetbooks and software that can help you succeed. Each
based on how much what you need would cost ifissue is jampacked with information about a single
you had to pay for it out of pocket. Also note downtopic, so you can learn what you need to know
where, in your local area, you can find what youquickly and easily. Sign up today -- it's FREE!
need.Now it's time to start looking for your grant. A