Wednesday 29 February 2012

New Small Business Grants: Free Minority Business Grants For Your Start Up Costs

By John Roney


If you have an idea that could make some money, you can receive a minority business grant to fund your idea. Whether it be an invention or a home-based business, there are many government agencies and private foundations that are ready to give away thousands of dollars.

2. Another place to check for access to grants for starting a small business is the Catalog of Federal Domestic Assistance (CFDA) website. Here you will find a list of all federal programs available, financial and non financial assistance programs. They aim to help you identify what programs fit your specific needs and help to provide communication between the Federal Government and Local Governments.

The government for one wants to support you as small businesses are the backbone to the American economy. They create jobs, they produce income, and they get people to spend money on your products and services. To the government, that means flashing dollars sings in the form of tax dollars.

4. Another company to look into for grants for staring a small business is the Small Business Administration. This organization not only provides funding but counsels, assists and protects the interests of small business. This is all in an attempt to protect free competitive enterprise and maintain and reinforce the economy as a whole. They partner with public and private organizations to help you start and grow your business.

If you have not received any feedback for a larger sum, applying to numerous small amount grants could be just as beneficial to your business. Most corporations that offer grants have competition in their field. Find out who their competitors are and send a request even if they do not advertise the availability of a grant. Your business will need marketing to survive. Searching, researching, and more researching grants are not only a way to fund your business, but is also marketing. When you contact a corporation regarding grants, it is a subtle way to promote your business and if you get a small grant in the process, better yet. The best place to start researching is on New Small Business Grants.




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