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Trying to find info on money grants is somewhat difficult. I'm trying to find info on grants for home improvement, building, etc & so forth. Too many of those that pop up on the internet & in ads advertising free money & grants that I know are fake or have major catches to them. All those 1-800 numbers - don't even call because they are probably a scam. Really looking for the real deal true grants. Thanks for any info!

2006-08-08 11:20:25 · 4 answers · asked by tootsie_4ever 2 in Business & Finance Personal Finance

4 answers

You can go to the Catalog of Federal Domestic Assistance (CFDA) http://www.cfda.gov and Grants.gov http://www.grants.gov - these are two FREE sites created by the federal government to provide transparency and information on grants. Browse through the listings and see if you can find any grant that would support your purposes.

Even if you buy books on "how to get grants" or list that supposedly has information on grants -- all of them are mere rehash of what CFDA has, albeit packaged differently.

Note though that these grants generally support non-profit organizations, intermediary lending institutions, and state and local governments. Most of the federal grants are given to specific target groups with specific requirements (e.g. minority business owners involved in transportation related contracts emanating from DOT - Grant#20.905 Disadvantaged Business Enterprises Short Term Lending Program. Individuals especially for personal purposes are not eligible for federal grants.

Grants are also often given to non profit groups or organizations involved in training or other similar activities (grant 59.043 Women's Business Ownership Assistance that are given to those who will create women's business center that will train women entrepreneurs

The government is NOT in the business of giving away free money for the sake of giving away money. Grants are free, but it means OBLIGATION. You will be obligated to do as the grant sets out to do. Grants have objectives, and your purpose must fit the objective of the grant.

For one, you have to write the grant application and the grant application is not a simple document - you have to explain how your purpose for applying for the grant fits well with the objectives set out by the grant. Grants have objectives, and the grant applications that best captures the grant's objectives are approved.

There is a stringent review process through a committee composed of federal employees and selected experts in the field. You will compete with other applicants for the grant money, and this grant review committee will evaluate the merits of each proposal. Only those that they feel exemplifies the objective of the grant will be approved.

2006-08-09 08:23:01 · answer #1 · answered by imisidro 7 · 11 0

hey, if you find out anything, lemme know. there's so much "red-tape" to cut through to get any kind of real information about government grants. i see the ads all the time, too "Money that you never have to pay back and can use for virtually any legal reason..." Most of 'em what you to send "X" amount of dollars for this special, secret list that you can get. Why all the BS? Just tell me where to go or who to call. Good luck on your search. Remember, anything legit you stumble upon, let ME know!!!!!

2006-08-08 11:28:16 · answer #2 · answered by baybeegrl5 4 · 0 0

Federal government grants are given to non-profits, as well as to state and local governments, for specific projects, usually related to basic research, education, healthcare, and infrastructure. Large private foundations give grants to non-profits (including universities) for specific projects that the foundation wants to support. Individuals and for-profit businesses do not qualify for grants. Ever.

2006-08-08 11:43:11 · answer #3 · answered by NC 7 · 0 0

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2016-10-15 11:39:44 · answer #4 · answered by stever 4 · 0 0

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