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I know what I need to get some money to open my business and I need money personally too. Please help me go about the right way for grant writing. I don't want to pay too much to do it. I want to get it done though! Any suggestions???

2007-06-18 05:02:41 · 2 answers · asked by Amiriquoi 2 in Business & Finance Small Business

2 answers

A grant writer cannot help you because there are no "personal grants" for paying bills, etc. and hardly any grants for starting a business.

The government is NOT in the business of giving away free money for the sake of giving away money. There are no grants for paying bills, for getting out of debt or for buying a car.

As for starting a business, here is what the Small Business Administration has to say 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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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.

I suggest you check out other possible sources for starting a business -- e.g. family, friends, your own savings, any investors who could help you -- but not government grants.

2007-06-18 05:14:40 · answer #1 · answered by imisidro 7 · 0 1

Be careful you don't just end up finding somebody to take some of the money you have now. There are very few grants available to open businesses - that's usually done based on savings, and on loans. And there are even fewer grants available for personal needs, except possibly from local organizations like churches.

2007-06-18 12:33:43 · answer #2 · answered by Judy 7 · 0 0

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