Small Business Startup Grants

Small Business Startup Grants
Business grants for women owned businesses have helped out many women in a huge way to help run their businesses. It's a great opportunity for single women or mothers to gain financial independence.Registration can take between three-five business days or as long as two weeks if all steps are not completed in a timely manner. Register for grant opportunities now.


Grants or funds are money given to people who are in urgent need of it. Grants are given by government and private financial institutions to women who are planning to open a business venture. Women in general, are often sidelined and they face a tough time gathering finance for their venture and some support from people. If this is a case with you, then you can always expect a helping hand from small business grants designed especially for women. These business grants are provided by private, non-profit and some government backed financial institutions.

How to find a Business Grant for Women

The federal government does not provide any loans for starting a business. It helps some financial, non-profit and some private institutions to help women get loans for their business ventures. The good thing about business and government grants are that you don't have to pay them back. You can find such business grants for women on the Internet and your local Small Business Administration office (SBA). Some large financial institutions also market themselves through ads in papers.

Business Grants for Women Owned Businesses

The Small Business Administration (SBA) office is really working hard to ensure that women in the United States women gain financial independence and support the needs of their families. Since 1953 it has helped millions of American women to set up businesses which have now turned into successful corporations. Today, you can find a SBA office in every state ready to help you and hear your business proposal with open ears. The SBA has also joined hands with thousands of educational and finance lending institutions to make sure you get the appropriate help. Women owned businesses make billions of dollars every year.

Government backed financial agencies also provide small business grants for women owned businesses. To apply for any business grants for women owned businesses, you should have an impressive business plan. You should be excited and you should believe in your business idea. Fill the grant proposal very carefully, if you don't understand anything you can always call up the respective office and clarify your doubts. Make sure you submit your business proposal early, so that it arrives on time at the funding agency. Contact them after a few days to confirm that they have received your grant proposal.

According to market research, women own 35% of all independent businesses in the US. Research also claims that these small businesses have generated more than US $940 billion a year. Most of these successful business women have received their funds from financial institutions backed by the SBA or the government. Many large and private corporations also offer funds to women who have talent and faith in their business ideas. Such huge companies, select women on the basis of interviews. In these interviews they see your business plan and its future scope. Here the grant money is decided by the top directors of the company. Organizations such as the local chamber of commerce also help with grants for women to start their own businesses.

Read more on:Qualifying for business grants for women owned businesses is not that tough. You just have to believe in yourself and have an impressive business plan. I am sure that by reading this article all you women now have a better idea about how to apply for business grants for your commercial ventures. Best of luck!
By source - buzzle.com


Saturday 2 June 2012

Small Business Startup Grants

Small Business Startup Grants


Assisting you in establishing your own business is not the sole reason why private institutions and government agencies offer small business startup grants. If these institutions show an interest in your project then only will they give you the grant. Simply having a good idea will not automatically mean that you will be given the grant.
o Most funding institutions provide grants mostly for "project" context, consistent with their organization's objectives and goals.
Conditions relating to income or credit
Usually you don't have to pay back the government grants. Some States require no qualifications for receiving the grant but this is not always the case. You may not have to be qualified the same way that people applying for loan (national as well as private) have to qualify but there is a process for requirement, which you have to pass through in order to get the grant.
o The myth of "free money" granted for starting or expanding a small business needs to be shattered. They do not provide grants to individuals who might use the money to start only a profitable small business of their own.
Now you must be wondering about the qualifications that a person should possess in order to get small business startup grants from the government. The main thing you have to prove is, the business idea that you have in mind is feasible. In order to prove that your plan is feasible, you must show that you are trustworthy, which indirectly means that your credit score must be good.
o independently owned and operated;
o not dominant in its field;
o or employs 500 full-time people or less
To present a feasible business plan
Before you go and apply for a government grant, you will have to make a good presentation of the project, which you want to undertake. So you will have to put your idea in to a proper presentation. You should do some research along with the study of market in order to show that your business proposal is feasible and that it can earn sufficient amount of money.
o You submit a business loan application to the small business lender for initial review. If the lender approves of your plan, a copy of the business loan application and a credit analysis are forwarded to the Small Business Administration.
Although you do not have to pay back the money to the government but the institution would like to invest in those businesses that have the ability to survive with time. These businesses should have the capability to generate work and increase the income of the country, which in turn will add to the country's wellbeing. In order to know the necessities required for obtaining small business startup grants, you will have to talk to the government agency that offers such grants.
Sanction of government grant
If you want to obtain small business startup grants then you will have to show the agency that your project is good and feasible. Moreover, the business proposal should be of that category that the government supports and promotes. You won't be able to do anything if you are not eligible for the government grant.
o Such are only available to support non-profit organizations, lending institutions, and state and local government programs that provide technical and financial assistance to small businesses.
o Grant opportunities may exist for small businesses engaged in very specialized activities. Many organizations provide job training grants to new and expanding firms.
So many people want to establish their own business but they are unable to because they don't know how they will get the money for it. It is not the end of the world if you cannot fulfill the requirements required for obtaining small business startup grants.
o Ineligible projects include land acquisitions, and projects whose primary purpose would be to increase production.
o A small business does not receive more than one loan in a three year period
There are government business loans, which you can apply for. The interest charged on these loans is usually low you can pay them back easily.
Hi, I'm Akhil Shahani, a serial entrepreneur who wants to help you succeed. If you like to work smart, check out http://www.SmartEntrepreneur.net  It's full of articles and resources to help you start and grow your business successfully. Please visit us & download our special "Freebie of The Month" at http://www.smartentrepreneur.net/freebie-of-the-month.html 
  Visit to:   http://businessstartupgrants.blogspot.com/

 Source:   http://EzineArticles.com/1331059

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