Feedback Form

Small Business Grants -- Fact or Fiction

Small Business Grants -- Fact or Fiction

One of the most frequent questions we receive is about grants for small businesses. Unfortunately, the idiot on TV -- the one in the suit covered in dollar signs -- has raised a lot of false hopes with lines like:"Millions from untapped grant sources...all free! Use it to start any business!"

Sorry to say, the dollar signs on this guy's suit have more to do with what he's made selling his book, than what you can get for free from the federal government. Here are the facts.

The government’s largest grant source is the Small Business Innovation Research program (SBIR). True, it offers grants from agencies such as the Dept. of Health and the Dept. of Energy. But, their funding is aimed at very narrowly defined research projects like those that cure cancer, and develop alternative fuels. Not your everyday small business endeavors.

Other specialty grants are available from philanthropic and business organizations for things like HIV research, space technology, and solutions to world hunger. Local, County, State, and Foundation grants sometimes target businesses involved in education, poverty, and the arts. But, sorry to say, the corner store or home-based business isn’t going to send the Warren Buffet’s of the world running for their checkbooks.

One final note, there are a number of micro loan programs that typically provide $10,000 and up to $35,000 to encourage start-up and expansion loans for small business. Some are offered at very attractive interest rates, particularly if the business is located in a disadvantaged area. Visit Accion International or the U. S. Small Business Administration at www.sba.gov for more information.





Small Business Grants Fact or Fiction - To learn more about this author, visit Kate Lister's Website.

Like this article? Share it with your friends

Related Forum Posts Article Feedback
Article Feedback No article feedback found.
Leave Your Feedback

Related Articles Related Articles
Small Business Grants and Loans
  If you’re an entrepreneur in the market for small business grants and loans, you’ve got a difficult road to climb ahead. But while it may be challenging to find the financing you need to get your business off the gr...
Federal Grant Resources
  Please Note that the U.S. Small Business Administration does not offer grants to start or expand small businesses, though it does offer a wide variety of loan programs. While the SBA does offer some grant programs, ...
Small Business Grants -- Fact or Fiction
  One of the most frequent questions we receive is about grants for small businesses. The government’s largest grant source is the Small Business Innovation Research program (SBIR).
Small Business Loans with Bad Credit
  How to Obtain Small Business Loans with Bad Credit
The Recession and Canadian Government Grants For Business
  Oddly enough, it is during tough economic times that the government is more inclined to step up to the plate with grants and other incentives for business to stimulate local economies.

Related Forum Posts Related Forum Posts
Re: Congrats Shri! Re: Congrats Shri!
My entry My entry
Book Sales Book Sales
Re: How's the Canada SBLA lending market doing? Re: How's the Canada SBLA lending market doing?
Obama vs. McCain on Business Issues Obama vs. McCain on Business Issues
Michael's Marketing Guides Michael's Marketing Guides
Guerrilla Financing - How to Finance Any Small Business Guerrilla Financing - How to Finance Any Small Business
These maybe the coldest franchises out there: These maybe the coldest franchises out there:

Related Forum Posts Related Businesses - Evan Elite Authors
David Barr
David Barr is the President of Venture Opportunities, Inc. David has been a professional business broker/intermediary since 1980 focusing on General Business Brokerage and Mergers and Acquisitions representing client transaction value from $400,000 to $20,000,000. Mr. Barr has handled the sale of over four hundred and fifty companies. David earned a university degree from the State University of New York majoring in economics and business. David holds the Mergers and Acquisition Master Intermediary and the Certified Business Intermediary designations from the International Business Brokers Association. He is also a Senior Business Analyst and a Texas licensed Real Estate Agent. For more information about David and Venture Opportunities, visit www.bizdealmaker.com. - Visit David Barr's Website

Jeff Foster
WebBizIdeas.com is a Minneapolis website design company founded to help people start an internet business by providing them with website, business, and internet resources that help foster the growth of successful online businesses and develop innovative Internet business ideas. - Visit Jeff Foster's Website

Anne Barr
Anne Barr has over 26 years experience in sales and marketing, six years as a franchisee. She has assisted over 367 business owners and purchasers to achieve their goals in career change, transition and exit strategy. She holds the designation of Certified Franchise Executive from the International Franchise Association, Certified Business Intermediary from the International Business Brokers Association and Board Certified Broker from the Texas Association of Business Brokers. Anne is active in professional organizations, networking groups and volunteers for non-profit entities. As owner/operator of four successful businesses, Anne has proven people skills and enjoys helping clients find the right "fit" in business ownership. Visit www.FranchiseOpportunitySpecialist.com for more information about me and my company. - Visit Anne Barr's Website

Casey Gollan
Casey Gollan, Business Coaching & Mentoring Programs. Add $1 Million to $10 Million in the next 1 to 3 years. Since 1996 Casey has to added hundreds of millions of dollars to businesses. Watch a free video see client results Business Coaching website. - Visit Casey Gollan's Website

Kim Castle
With nearly two decades in the advertising and design business, with clients like Domino's Pizza, General Motors, Direct TV, Pedigree, Wolfgang Puck, Higher Octave Music, Hollywood Celebrity Products, Disney, and Paramount, as well as thousands of entrepreneurs around the world define, structure, communicate, and position their business for greater profits, BrandU(R) co-creators Kim Castle and W. Vito Montone discovered that entrepreneurs could experience the same power that big brands command for a fraction of the cost with the world's only process-based results-drive Integral approach to business creation. BrandU(R) is helping entrepreneurs grow with the power of extreme clarity from idea...to brand...to market(TM) and helping one million entrepreneurs become successful and whole so that they can make a difference in the world. Are you one of them? If you want to experience clarity all the way to the bank(TM), get started now at http://www.brandu.com. - Visit Kim Castle's Website

Bernard Reber
Back in late 1992, MS Access hit the streets. About that time the company I managed needed new software to handle their growing client base and I decided to try this new product. I had little difficulty writing and adapting a database to suit us and discovered a hidden talent for programming. A business was born. With business studies and 25 years of management experience in three different countries under my belt, I could offer a unique combination of skills and my customers agreed. From these humble beginnings my software 'invoiceit' emerged in 1999 and has since been taken to 49 states (hello Wyoming, won't you join us?), all across Canada and more than 70 other countries. From the very beginning the program included cashbook accounting, the simplest form of keeping financial business records. The Dictionary.com defines 'cashbook' as "A 'book' in which to record money received and paid out". For 'book' substitute 'simple software' and that's what I'm about. Now I have published Simple Accounting, an inexpensive spreadsheet solution which even you can master. For just $14.95 it costs less than a takeout meal! More at http://www.scrambled-card.com/simple_accounting_main.htm - Visit Bernard Reber's Website

Dr. John Oda
John Oda Ph.D NLP is a business peak performance expert, an author, and speaker frequently called upon to provide corporate training, workshops and seminars for many companies in the United States. He is an expert in coaching sales and business professionals in overcoming the behaviors and obstacles that may impede their sales results and affect their bottom line. Since 1995, John has created a speaking bureau such topics, which include: time management, sales training, human diversity, leadership programs and etc. He provides companies with a strategic plan to increase their bottom line by over 25 percent yearly. - Visit Dr. John Oda's Website

Leanne Hoagland-Smith
Are your sales where you want them to be? Will you be one of the few who achieves sales or business success or one of the many who have failed to change? Are you tired of being told you are like everyone else? Then you may find my first book on sales of interest. Be the Red Jacket in the Sea of Gray Suits, The Keys to Unlocking Sales available at Amazon or at http://www.processspecialist.com/red-jacket.htm. This book is a reflection of my no-nonsense approach to improving sales to overall business results. If you are truly committed to making sustainable changes, then I can help you secure a positive return on your investment because I focus on executable solutions not telling you the problems you already know you have. From training to corporate (group) coaching to executive one on one coaching, my approach is to assess, create awareness, build a goal driven action plan and then execute. The bottom line question is "Not do you or your employees know it, but do you or they want to do it?" Please call for a free strategy session at 219.759.5601. - Visit Leanne Hoagland-Smith's Website


To learn more about the Evan Elite Author Program please contact us.

About The Author


Kate Lister
(Visit Kate's Website)
I started out in banking and spent six years as a commercial lender with two of the nation’s largest banks. Pantyhose convinced me to start my own home-based consulting business. But even running my own business I was still wearing them. So after 8 more years a former Navy flyer convinced me to trade my business suit for a flight suit and we bought a biplane for air tours. Over the next 16 years we became the oldest and largest barnstorming business in the country. Along the way we wrote two books: Finding Money--The Small Business Guide To Financing and The Directory of Venture Capital, both published by John Wiley & Sons. Surprisingly, both the writing and the flying we did mostly from home in our underwear, thanks to 25 eager (and fully dressed) pilots who replaced us in the air as the company grew. Now we're working on a third book, Undress For Success: The Naked Truth About Making Money From Home, and a website with oodles of useful info at Undress4 Success.com
About The Author

View Author Blog
View Author Blog

View Author Video
View Author Video

Free Downloads


Kate Lister's

Complete
List Of
Home-Based-Business
Articles

First Name
Last Name
Email
What's the color of the sky?
Blue or Green
 
If you enjoyed this article, get Kate Lister's Complete List of Home-Based-Business Articles For FREE!

More Kate Lister
Home Based BusinessBank Loans To Grow
Work at Home and Pass Gas On Earth Day April 22
Tax Cheats Ultimately Cheat Themselves
Sage Wisdom About Borrowing Money For Your Small Business
Small Business Loan Programs Salvaged In 2009 Budget
Start Up Funding Lessons From Success
Small Business Grants Fact or Fiction
Buy or Start a HomeBased Business
Home Based BusinessStart Up Money From Angels
Become An Author


 
 
 



Have A Suggestion?
Toronto Salsa Classes / Toronto Salsa Lessons Email us your ideas on how to make our website more valuable! Thank you Sharon from Toronto Salsa Lessons / Classes for your suggestions to make the newsletter look like the website and profile younger entrepreneurs like Jennifer Lopez and Sean Combs!
Have A Suggestion?

Featured Ebook


ebook Famous Entrepreneurs - Modern Empire Builders


Featured Ebook

More Evan Carmichael
More popular articles
Have A Suggestion?


Sales Lessons From Starbucks And Dell