IV BEEN IN BUISNESS 18 MONTHS AND CANT DO ALL THE WORK IN MY SHOP&OFFICE AND LOOK FOR WORK TWO! I AM NOT ON DISABILITY BUT I DO HAVE BAD HIP THAT NEEDS REPLACED I HAVE HANDYCAP TAG!I JUST GOT DEVORCED AND MY WIFE CLEANED OUT BOUTH MY BUISNESS&PERSONAL ACOUNTS AN MY RETIREMENT FUNDS FROMPREVIOUS JOB . IGOT THE HOUSE ,BILLS BUT BEST OF ALL MY DAUGHTER WHO IS 10!!!!!!!!
2007-02-21 23:08:12 · 2 answers · asked by Anonymous in Business & Finance ➔ Small Business
It is hard to find grants to start or expand a business. Unlike the myths that some perpetuate, federal government and even private foundations hardly give grant money for a for-profit business.
There are also NO grants for paying bills, no grants for paying off credit cards, no grants for getting out of debt and no grants for simply fattening your wallet.
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/mostrequesteditems/CON_FAQ2.html
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"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."
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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
2007-02-21 23:13:54 · answer #1 · answered by imisidro 7 · 1⤊ 0⤋
About the only government grants available are SBIR grants (Small Business Innovation Research). Most other federal grants have been pulled. Check this site for details ...
www.sbirworld.com
2007-02-25 13:53:20 · answer #2 · answered by jdkilp 7 · 0⤊ 0⤋