Is there such thing as a government grant?

Question

like a buissness grant to start your own buissness

Answer 1

YES - There are grants. But not for starting 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 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 http://gtionline.fdncenter.org . 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.

Answer 2

Yes there is such a thing. The government grants money for different reasons, i.e. education, research.

Take Care

Answer 3

Yes there is. You need to do some research on the government web sites to find out about them and how they work. You can also speak to your state government, or even your local bank - they also will have the information you will need to apply.

Good luck!!

Answer 4

I believe it differs state to state.Such as NY for example.They do offer grants for minorities,as well as the type of business and if you will be creating employment for a somewhat large amount of people.Environmental and single mothers,etc...

Answer 5

yes there is so much money in gov. grants outhere...but you'll be very, very old before you get one. They have money to distribute but they also made a road to get it like search for holly grail...endless almost impossible. I know...still trying.

Answer 6

Yes and a lot of different type for a lot of different things.

Answer 7

Yes, in fact, it's one of the more popular wastes of taxpayer money.

Answer 8

yes they are harder to get unless you are a Muslim coming here to buy a gas station or like that

Answer 9

yes, there are several for many different reasons, homes, school, business.

Answer 10

very very inpossible.goodluck