read_connect(); //$GLOBALS[ezoic_db]->read->query("use 17things"); ?>

How much grant money is available for someone who wants to start there own business?

How much money to I have to match? Do I need private investors? Do I need a business plan to be approved for the grant money? What kind of planning is involved for the start up?

Related Items

4 Responses to “How much grant money is available for someone who wants to start there own business?”

  1. Box815 said :

    There isn’t any “grant” money available for a start up. You’ll need private, often called “angel” investors.

  2. peter w said :

    Why risk money when you can start a company for nothing – I recommend Forever Living Products – you can do as many or as few hours as you like and typically on 1-2 hours a day you will earn £1200 per month after 5 months and £30-£40k per year after 2-3 years – if you do more hours you should get more.

    They are a $2 billion company growing at 25% per year and need a lot more people – no investment required also, regulated by Dti and Office of Fair trading and have investors in people award also.

    link is:

  3. imisidro said :

    You stand a greater chance of getting a government-guaranteed loan through the Small Business Administration than a government grant. Read the SBA Financing page to learn about criteria needed for borrowing

    It is hard to find grants to start a business. Unlike the myths that some perpetuate, federal government and even private foundations hardly give grant money for a for-profit business. And yes, grants mean PAPERWORK – lots and lots of it, that is why a cottage industry of grant writers was born.

    Nonetheless, you can go to the Catalog of Federal Domestic Assistance (CFDA) and – 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

    “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 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.”

    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.

    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

    I suggest you read the following books to get ideas of how to finance your business:

    Financing Your Small Business
    Small Business Financing: How and Where To Get It
    Financing the Small Business: A Complete Guide to Obtaining Bank Loans and All Other Types of Financing
    The SBA Loan Book
    Angel Capital : How to Raise Early-Stage Private Equity Financing
    Financing Your Small Business (Barron’s Business Library Series)

    For private grants, you may want to check the Foundation Center’s Foundation Grants for Individuals Online . It’s a subscription based website ($9.95 per month) but their opening blurb only says that the database is ideal for “students, artists, academic researchers, libraries and financial aid offices.” Entrepreneurs are apparently not one of them, so I take it they also don’t have listings of private foundations who give grants to would-be entrepreneurs.

  4. reverse phone number said :

    Nice post. I was checking constantly this blog and I’m impressed! Very useful information specially the last part 🙂 I care for such information much. I was seeking this certain info for a very long time. Thank you and good luck.

  5. Laurel said :

    What’s Taking place i’m new to this, I stumbled upon this I
    have discovered It absolutely helpful and it has aided me out loads.
    I am hoping to give a contribution & help different users like its helped
    me. Good job.

    site (Laurel)


[newtagclound int=0]


Recent Comments

Recent Posts