Another question that needs to be addressed. No matter how many times I write the answer, there are no grants for start-up businesses unless they are scientific, defense, or technology R&D firms, people on here still ask how they can get a grant for a business. Please explain why they cant, with hopes that people will get it! Once again, People you really cannot get a grant for a business. You can microloans, angel investors, SBA, venture captial etc. but NOT GRANTS!
2007-01-20 19:14:58 · 9 answers · asked by BellaDonnaRev 3 in Business & Finance ➔ Small Business
FIRST YOUR ANSWER IS NOT FOR ME, it is for all the hundreds of people on here who think they can get a Grant. I don't need or want grant or loan money. Started my first business 40 years ago.
2007-01-20 19:26:29 · update #1
Finally an honest answer. You got it Solider!
2007-01-20 19:29:06 · update #2
This is a common misconception. Gov't grants are designed to foster innovative new ideas and technologies which may be considered too risky for private money, but necessary to acheive global technological superiority. There are also many grants available for Non-Profits, though these are generally abused and qualifying for one is all about who you know. Other types of business can generally qualify for somwe type of conventional financing or through SBA. Most people assume that an SBA loan is the same as a grant. An SBA loan is simply a loan in which the Gov't is your "co-signer" and assures the lending bank that they will back up 80% of the loan if you default. NO FREE LUNCH FOR SMALL BUSINESS! You have to get to the size of GM before Uncle Sam will bail you out.
2007-01-21 03:02:44 · answer #1 · answered by questionable reality 3 · 1⤊ 1⤋
You've only started Dec 23, and I have been writing that answer that grants are not available for starting a for-profit business since I started last year Feb 2006 -- and it is the question that has given me a LOT of best answer points because there are just so many people asking about this question
Form 10 months ago http://answers.yahoo.com/question/index;_ylt=AjRD21yoUzT6ej8wJ6GZN9wjzKIX?qid=1006032309109
From 9 months ago http://answers.yahoo.com/question/index;_ylt=Au32YJyoNGHb_IdWak2RVAwjzKIX?qid=1006042625439
People are always on the lookout for free money. With the scam perpetuators who advertise their business and their presence on the Web, people get curious that there might be something free somewhere. Afterall, who does not want free money? Alas, it is not true
2007-01-21 11:28:30 · answer #2 · answered by imisidro 7 · 1⤊ 0⤋
You might not want go for a grant, but rather a small business loan, yes you have to pay it back, but it will give you the start up cash. if you have your heart set on a grant, consider your approach, put yourself in their shoes and play "devils advocate," what do YOU need to do to fit THEIR requirements
2007-01-20 19:21:09 · answer #3 · answered by Eric D 3 · 0⤊ 2⤋
Hi Michelle, The equation isnt quite that simple is it? How does giving a tax rebate to those who dont pay taxes make any sense? How does wealth redistribution not equate to communism?
2016-05-24 04:06:52 · answer #4 · answered by Anonymous · 0⤊ 0⤋
Because every gardener, plumber, dog groomer, and hairdressing salon would get free $. Gov't. wants to focus giving $ on things that have a chance to bring in a high amount of revenue, as well as possibly help greatly improve the economy/military of the country. Dog groomers aren't going to do that, sorry.
2007-01-20 19:23:52 · answer #5 · answered by freeidhere123 1 · 0⤊ 2⤋
What kind of business is it. Also, are you a minority? Minorities get all sorts of hand-outs from the gov't.
2007-01-20 19:18:08 · answer #6 · answered by Anonymous · 1⤊ 1⤋
Grants are for school and such not for buisnesses
2007-01-20 19:26:36 · answer #7 · answered by cowboysfan4lyfe 3 · 1⤊ 0⤋
if you are hispanic you can get all kinds of free stuff from the government
2007-01-20 19:23:32 · answer #8 · answered by Anonymous · 0⤊ 1⤋
look online and they have more options
2007-01-20 19:17:59 · answer #9 · answered by TrustinGod 1 · 0⤊ 2⤋