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with no hidden cost or feeto get information on applying for grants

2007-09-03 02:23:58 · 4 answers · asked by ladyd4800 1 in Business & Finance Personal Finance

4 answers

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 FREE 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 your purposes.

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.

Note though that these grants generally support non-profit organizations, intermediary lending institutions, and state and local governments. 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. Individuals especially for personal purposes are not eligible for federal grants.

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

The government is NOT in the business of giving away free money for the sake of giving away money. Grants are free, but it means OBLIGATION. You will be obligated to do as the grant sets out to do. Grants have objectives, and your purpose must fit the objective of the grant.

For one, you have to write the grant application and the grant application is not a simple document - you have to explain how your purpose for applying for the grant fits well with the objectives set out by the grant. Grants have objectives, and the grant applications that best captures the grant's objectives are approved.

There is a stringent review process through a committee composed of federal employees and selected experts in the field. You will compete with other applicants for the grant money, and this grant review committee will evaluate the merits of each proposal. Only those that they feel exemplifies the objective of the grant will be approved.

2007-09-03 02:37:54 · answer #1 · answered by imisidro 7 · 1 0

Grants aren't hard to FIND, but they can be extremely difficult and time-consuming to GET.

There are essentially only 5 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.

Most of the 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 your City Hall for details.

There are some Federal governemnt grants for minority businesses. You can find info at:
http://www.mbda.gov

And, there are some minority organizations that provide grants ... La Raza and the NAACP sometimes do.
http://www.nclr.org
http://www.naacp.org

Private companies sometimes help fund start-ups, especially if they think they will see some benefit from it. These are very difficult to find, but can sometimes be the easiest to get.


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.

2007-09-04 14:29:01 · answer #2 · answered by jdkilp 7 · 0 0

If you have to ask were the grants are, I seriously doubt you have the skills necessary to get one. Applying for a grant is not easy and usually not worth the effort.

2007-09-03 02:32:28 · answer #3 · answered by Anonymous · 1 0

oftentimes, those commercials are scams. There are components available for homebuyer strategies, homestead maintenance, emergency funds and distinctive matters. inspite of the ordinary undeniable fact that, distinctive situations, there are final dates related with those classes that a CD won't shop song of. additionally, many of the classes are suited specially to a city or county, so guess what? notwithstanding if the CD has suited strategies, maximum of it won't prepare to you. circulate on your city and county internet website to seek for grant classes. you additionally can use our internet website. it rather is loose and we post grant classes each time we come across them.

2016-11-14 01:49:24 · answer #4 · answered by riveria 4 · 0 0

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