2006-09-23 07:30:53 · 3 answers · asked by villa67@sbcglobal.net 2 in Business & Finance ➔ Small Business
When looking for grants -- go ONLY to the legitimate government websites Grants.gov http://www.grants.gov where you apply for grants and Catalog of Federal Domestic Assistance http://www.cfda.gov which is the complete listing of all federal grants (note the .gov domains)
Stay away from websites such as what you mentioned. They make it appear that you can get grants for whatever purpose you want -- even for starting a business. This is a LIE and they simply want to collect your fee (if not totally scam you into giving your bank account and then emptying it). Any website that tells you that you can qualify for whatever grant you want is a SCAMMER.
It is hard to find grants to start a business. Unlike the myths that some perpetuate, federal government and even private foundations hardly give grant money for a for-profit business. And yes, grants mean PAPERWORK - lots and lots of it, that is why a cottage industry of grant writers was born.
Nonetheless, 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 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 a for-profit venture.
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. But still the info is the same - hardly any grants for starting a for profit business.
Even SBA does NOT give out grants. From the SBA website http://www.sba.gov/expanding/grants.html...
"The U.S. Small Business Administration does not offer grants to start or expand small businesses, although it does offer a wide variety of loan programs. (See http://www.sba.gov/financing for more information) While SBA does offer some grant programs, these are generally designed to expand and enhance organizations that provide small business management, technical, or financial assistance. These grants generally support non-profit organizations, intermediary lending institutions, and state and local governments."
Here is a listing of federal grants for small businesses. See if there is any available for individuals for starting a business -- THERE'S NONE.
http://12.46.245.173/pls/portal30/CATALOG.BROWSE_BENEF_RPT.show
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
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
For private grants, you may want to check the Foundation Center's Foundation Grants for Individuals Online. It's a subscription based website ($9.95 per month) but their opening blurb only says that the database is ideal for "students, artists, academic researchers, libraries and financial aid offices." Entrepreneurs are apparently not one of them, so I take it they also don't have listings of private foundations who give grants to would-be entrepreneurs.
2006-09-23 07:36:40 · answer #1 · answered by imisidro 7 · 13⤊ 0⤋
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2016-10-17 12:34:19 · answer #2 · answered by ? 4 · 0⤊ 0⤋
what the previuos person said is 100% totally true
CFDA.gov and Grants.gov is the best sites I have seen
I cannot stress this enough EVERYTHING these pay for info
sites do YOU CAN DO THIS YOURSELF
I am absolutely shocked that people actually pay them $1200 for
a folder full of small amount of info on large margin paper
and blank pages ...
they even have grant request templates you can follow as well
2006-09-23 11:14:57 · answer #3 · answered by Scanless1999 3 · 0⤊ 0⤋