Yahoo Answers is shutting down on May 4th, 2021 (Eastern Time) and beginning April 20th, 2021 (Eastern Time) the Yahoo Answers website will be in read-only mode. There will be no changes to other Yahoo properties or services, or your Yahoo account. You can find more information about the Yahoo Answers shutdown and how to download your data on this help page.
Trending News
Do you know of any legitimate resources to find government business grants?
My fiancee and I are exploring the idea of starting our own real estate investing company. We are currently working on a business plan to submit for a business loan or grant. Does anyone have any good resources for finding available business grants from the government for starting a small business in real estate?
I know there are plenty of advertisements out there for companies that offer to find applicable grants for a hefty fee. We are not interested in those.
Thanks in advance.
Also, I am a veteran. If you know of any business grants being offered to veterans, please let me know.
3 Answers
- imisidroLv 71 decade agoFavorite Answer
It is hard to find grants to start a business -- even for veterans. 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) http://www.cfda.gov/ and Grants.gov http://www.grants.gov/ - 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 if you buy books on "how to get grants" or list that supposedly has information on grants -- all of them are mere rehash of what CFDA has, albeit packaged differently. But still the info is the same - hardly any grants for starting a for profit business.
Even SBA does NOT give out grants. From the SBA website http://www.sba.gov/expanding/grants.html...
"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 http://www.sba.gov/financing 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.
http://12.46.245.173/pls/portal30/CATALOG.BROWSE_B...
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
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.
Source(s): http://www.cfda.gov/ http://www.grants.gov/ http://gtionline.fdncenter.org/ http://www.powerhomebiz.com/vol66/grants.htm http://www.sba.gov/expanding/grants.html - ?Lv 45 years ago
Governments don't deliver out small industry offers. They do not exist, there is not any unfastened cash. I paintings for a Economic Development Agency and we get calls from men and women that experience bought the books, movies and different nonsense that promise to deliver them the name of the game to acquiring executive offers and what they get is my mobile quantity. I get to inform them that they have got been ripped off, on the grounds that the offers do not exist. What the federal government does have are low curiosity loans to be had from the Small Business Administration (www.sba.gov) or your state monetary progress workplace. Qualified candidates that would no longer be competent to acquire conventional industry loans would qualify for those techniques. Visit the SBA internet site I offered and search out your states monetary progress workplace for extra understanding. Disregard any person looking to promote you supply understanding, you'll be losing your cash! They do not exist!
- 1 decade ago
yeah stay up late one night and there is a guy that comes on one of those channels sayin he has the biggest book of free money and stuff for grants