i am trying to get a grant to open a small business
2007-08-04 11:29:59 · 3 answers · asked by coramdavis 1 in Business & Finance ➔ Small Business
There are essentially only 4 sources for grants. A little known fact it that you do NOT have to be a non-profit to get a grant, regardless of what others tell you ... I've helped for-profits apply for grants.
Federal grants are called Small Business Innovation Research grants. These are given primarily for some new innovation. You can find out what's available at:
http://www.sbirworld.com
There is also info on this site about how to apply.
Some cities offer grants to small businesses if they will locate in the downtown area, for the purposes of building up downtown traffic. Check with City Hall.
There are some governemnt grants for minority businesses. You can find info at:
http://www.mbda.gov
Finally, private foundations offer grants. You can get a list of most US Foundations and private grant sources at http://www.foundations.org/grantmakers.html.
2007-08-04 15:54:51 · answer #1 · answered by jdkilp 7 · 1⤊ 1⤋
Most grants are open to nonprofit corporations. If you don't have money to start a business, then you won't have the money or drive to keep it going or pay a loan back.
The best known is the Small Business Administration which has a 10 yr payback for small loans, if your business idea qualifies.
Some people want to go into business because they don't want to answer to a boss. Don't be surprised if you wind up with that type of employee: someone who doesn't want to listen to you.
2007-08-04 18:48:50 · answer #2 · answered by Venita Peyton 6 · 0⤊ 1⤋
Got to use search engines.
Google search turned this up in about 2 seconds...
http://www.grants.gov/
2007-08-04 18:37:00 · answer #3 · answered by mister_galager 5 · 0⤊ 0⤋