Monday, 27 February 2012

New Small Business Grants: Facts About Government Grants For Women-Owned Small Business

By John Roney


A persuasive salesman would tell you that they could sell you a extraordinary list of funders who gives "free money" to begin a business. I'm telling you, don't believe them. Despite the fact that there are some programs which helps women who wishes to put up a business for themselves. These loans are usually for education, loans for development or tax credits rather than grants. Funders of grants don't offer money for start-up profit business. The government would not do it; even the IRS won't permit private foundations to do it. So could you have a grant?

This is no hidden fact that the country is still struggling to cope up with the destruction that the recession brought along. Unfortunately, the annual consumption saw a dip and that in turn affected the economy further. Stimulus packages notwithstanding, the government has a new problem to fight - unemployment. This is the catch for starting entrepreneurs. The federal government has setup association(s) to help people with starting their own business. Plus, angel investors are more than eager to lend you their money. It is just time that you capitalized on that.

Research your Line of Choice: The trick to a successful business startup and getting the grant on your terms is that you sound so convincing to the lender that they will have no other choice than to provide you with the money at your terms. Naturally, this means that an in-depth research on the business has to be established by you. A working prototype will be more than beneficial for you because based on that, you can have your way in the negotiation.

Search Tools: On the Internet, you could find federal clearinghouses for grant info. Some releases requests for proposal (RFPs) since every agency reports a new funded program. RFPs are info packets which tell you how to apply for the grant and what type of grant the agency is going to fund. It also includes an application packet that could be downloaded with all its necessary support tools.

For more information visit New Small Business Grants.




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