I own a small engine repair business. I'm 15 years old. I have a DBA, tax identification number and everything. So I'm official. My business right is very, very, very basic. It's basicly the outside garage and I dont advetise yet. So I really havnt "started the business up" so to speak. I need to. I need help. So I'm looking for free grants (none of the "order this book" type of thing) to help me start-up. I've looked everywhere. I went to grants.gov and cfda.org or something but I dont know what grant I'm eligible for, or I dont know what I'm looking for and more. Someone out there please help me, and not just by telling me what website to go to, but please talk me through explain it to me. Small Engine Repair is my biggest dream!!!! I have Cystic Fibrosis so I just want to make sure that dream comes true. Thank you to everyone who answers this.
2006-10-10 06:10:05 · 5 answers · asked by Anonymous in Business & Finance ➔ Small Business
Check out this website. They have all the grants for Small Businesses.
http://www.fedmoney.org
Regards,
Edmund Ng
CEO, Founder
Infinique Technologies
http://www.infiniquetech.com
http://www.purchaseresume.com
http://www.itjobs.com.sg
http://groups.yahoo.com/group/SG_IT_Jobs
2006-10-10 06:14:47 · answer #1 · answered by Anonymous · 0⤊ 0⤋
Sorry I don't really know how to help you, but I just have to say wow. Maybe I can help you with words of encouragement. I am inspired by your will to be successful at such a young age. congrats to you. I hope you find what you are looking for, your parents must be really proud to have a son like you. God bless.
2006-10-10 06:24:45 · answer #2 · answered by black orchid 3 · 0⤊ 0⤋
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
I suggest you read the following books to get ideas of how to finance your business:
Financing Your Small Business http://www.amazon.com/exec/obidos/ASIN/1572484500/powerhomebizguid
Small Business Financing: How and Where To Get It http://www.amazon.com/exec/obidos/ASIN/0808007386/powerhomebizguid
Financing the Small Business: A Complete Guide to Obtaining Bank Loans and All Other Types of Financing http://www.amazon.com/exec/obidos/ASIN/1580626815/powerhomebizguid
The SBA Loan Book http://www.amazon.com/exec/obidos/ASIN/158062202X/powerhomebizguid
Angel Capital : How to Raise Early-Stage Private Equity Financing http://www.amazon.com/exec/obidos/ASIN/0471690635/powerhomebizguid
Financing Your Small Business (Barron's Business Library Series) http://www.amazon.com/exec/obidos/ASIN/0764124897/powerhomebizguid
2006-10-10 06:19:28 · answer #3 · answered by imisidro 7 · 0⤊ 0⤋
Go to http://www.grants.gov/ to see what grants are available, if any, and how you can apply for them
2006-10-10 06:27:53 · answer #4 · answered by Anonymous · 0⤊ 0⤋
Please read the first sentence on the page.
http://www.sba.gov/expanding/grants.html
.
2006-10-10 06:19:03 · answer #5 · answered by Zak 5 · 0⤊ 0⤋