Thursday, May 27, 2010

Can a sole proprietorship receive a grant? -

Is it possible for a sole proprietor to receive a government grant? The business would be entertainment but the requested amount would be rather small $2500-3500 to get equipment to get started, the rest could be done by myself.What is the likelihood of this happening?

You can get a Grant, possibly. you would have to check with your local employment services but a credit card would possibly be easier to obtain.You need to write a summary or report of all expected expenses, ingoing and outgoing. You need to explain the type of business and how profits will be attained. A Grant requires you to provide a monthly report of all your activities. Search Local Government grants USA or Local Government grants Australia

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