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looking for a grant for a car or truck I see all theses people from other countries getting grants

2006-09-26 06:17:33 · 3 answers · asked by Timothy F 1 in Politics & Government Other - Politics & Government

3 answers

Grants are not given for whatever purpose a person wants -- for paying bills, buying a car or truck, or for getting out of debt or hardly for starting a business. Any website or company that tells you otherwise is LYING and simply trying to scam you. They misrepresent how grants actually work.

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.

There there is a stringent review process through a committee. 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.

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 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

2006-09-26 10:06:26 · answer #1 · answered by imisidro 7 · 13 0

This is a really big scam! My husband wanted to start his own business and looked into all the ads on the net, everyone of them was a scam! Unless you are using the money to develop something useful, etc. it's not possible to get a grant just to start a business or a personal loan! Don't fall for it!

2006-09-26 13:21:37 · answer #2 · answered by janet.marie 2 · 0 0

There's all kinds of grants out there but they're not just so that you can buy a car or truck. There's usually something you need to "deliver" to get a grant-- e.g. research, development of something in a community, etc.

2006-09-26 13:20:34 · answer #3 · answered by dapixelator 6 · 0 0

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