how do you get a gov't grant to start your own business?

Question

I have heard that you can get grants to start your own business, do you know how you can do this? i am wanting to start a daycare, i have 3 kids and cost me $225 a week to have them in daycare. i need to make some extra money and keep my kids. any advice, please let me know if you have heard anything about these grants.

Answer 1

It is not true that you can get grants to start a business. Even with daycare, the most you can get from your state as grant money is about $500 to either offset your regulation and licensing costs or to buy some supplies and toys for your center.

In Maryland for example, there is a Family Day Care Provider Grant Program, "which exists to help registered child care providers offset some of the costs of operating their child care programs." This program only gives out $500 http://www.dhr.state.md.us/cca/license/grant.htm

Even the Small Business Administration SBA does NOT give out grants. From the SBA website http://www.sba.gov/mostrequesteditems/CON_FAQ2.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."

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.

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

Answer 2

Yes, there may be supply cash to begin your possess industry. However, I might perform a little study on the internet for your self, as I have a sense this man or woman who known as you may also wish to cost you a cost for his or her carrier to supply you knowledge that's utterly unfastened for individuals who make an effort to do their possess study.