Small Business Grants From The Government

If you have a small business, you may want to find ways of funding it. One of the avenues you may think of is a free government grant, which you can obtain by using a variety of avenues. Here are some tips that will set you out on a successful search.

You will be able to get free government grants that are offered to help small businesses in a number of states. There are some states, however, where this option is not available. This is mainly because the federal government does not offer any free government grants for small businesses, The grants are offered by some state-run development agencies. Some of the states where such government agencies operate include New Hampshire, Nebraska, Kansas, New Mexico, and Uta.

Instead of free government grants, some states offer loans and other incentives to the residents interested in starting or expanding their small businesses.

While the government does not provide free grants, it offers free technical training and useful pieces of advice to budding entrepreneurs. The Small Business Administration that is run by the US government is what makes the issuance of grants for small businesses possible. The government is not interested in this sector for nothing. The small business sector employs more than 50% of the labor force, having approximately 25 million businesses that account for over 50% of the nation's gross domestic product. The sector's plight can therefore not be ignored and that is why the government has established the SBA to help in necessary funding and other aids.

The government achieves this by offering free technical assistance, training, and counseling that are relevant to small businesses. These free services are offered at Small Business Development Centers. The centers employ both part-time and full-time staff, supplemented by help from the private sector - for example engineers, testing labor forces, and consultants.

You can also access the online catalog that the government keeps at the following web site: http://www.cfda.gov, which is the Catalog for Federal Domestic Assistance site. At the web site, go to the 'Small Business Person' category and freely get relevant pieces of information.

Through the Small Business Administration programs, the government uses the services of lenders from the private sector to secure and guarantee loans for small business entrepreneurs. Since most of the lenders know about the SBA loan program, all you need to do is go to their local branches and ask about the application process. There are likewise Targeted Loan Programs geared to meet the particular requirements of small businesses.

You need to be aware that free government grants for small businesses are not necessarily offered in cash. And remember that you will still need to be well prepared after getting your source of free government grants.

Coastal Bend business datebook: 03.07.10 (Corpus Christi Caller-Times)

COASTAL BEND —TUESDAYPrimerica hosts financial seminarPrimerica is hosting a seminar on “Yes, You Can Be An Entrepreneur” at 7 p.m. Tuesday at the ValueBank Tower, 3649 Leopard St., Suite 512. Free.For reservations/information, call Mark Oser & Associates at 883-7217 or 883-9365.SBA loan assistance to be offered in AliceThe U.S. Small Business Administration will be available for startup or ...

Business datebook: 03.07.10 (Corpus Christi Caller-Times)

CORPUS CHRISTI —TUESDAYPrimerica to host financial seminarPrimerica is hosting a seminar on “Yes, You Can Be An Entrepreneur” at 7 p.m. Tuesday at the ValueBank Tower, 3649 Leopard St., Suite 512. Free. For reservations/information, call Mark Oser & Associates at 883-7217 or 883-9365.SBA loan assistance to be offered in AliceThe U.S. Small Business Administration will be available for startup or ...

Upcoming events focus on helping start-ups (Miami Herald)

Think a bank loan is out of the question? Marjorie Weber, vice chairwoman of SCORE Miami, says she has successfully helped get loans approved for start-up businesses through the U.S. Small Business Administration 's Community Express Loan Program.

Loans available, but not easy to get (The Myrtle Beach Sun News)

Consumers looking to finance a car, buy a house or expand a small business won't see loan requirements get any easier in 2010, but bankers insist that they are willing to lend to those that can prove their ability to repay loans.

Congress coughs up cash for SBA small business loans (CNNMoney.com via Yahoo! Finance)

Added incentives for banks to make Small Business Administration-backed loans will continue through the end of March, thanks to a fresh funding infusion authorized by Congress as part of Tuesday's bill extending unemployment benefits.