Saturday, February 11, 2012

How do you go about a Federal Business Grant? -

I own a very successful tattoo shop and would like to expand my business, and I was aware of a business grant how would i go about it?

It is hard to find grants to start a business -- especially for a tatoo shop. Unlike the myths that some perpetuate, federal government and even private foundations hardly give grant money for starting a for-profit business. One possible exception is for companies developing or exporting agricultural goods, including food and forest product. Another exception could be the Small Business Innovation Research (SBIR) or Small Business Technology Transfer (STTR) programs http://www.sba.gov/aboutsba/sbaprograms/�� , which fund the research and development of technological innovation that meets specific government needs.Even SBA does NOT give out grants. From the SBA website http://www.sba.gov/mostrequesteditems/CO�� 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. 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.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

Check out this website: http://www.grant4free.comIt is an excellent website, giving you a lot of grant information for free. Just click the categories on the sidebar to quickly find what you are looking for. Good luck!!

They don t exist. You can get loans from the SBA.

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