Sep-2-2008
Are there any sites that offer free information on Government Grants?
I have a fairly large amount of student loans and I’m interested in researching government grants. I’m also very interested in researching governemnt grants for starting a business. I’d like to rehab property and provide (quality) affordable housing for low income Americans, any advice?
There are no grants for a for profit business unless you are opening a daycare and then it is a minimal amount. If you need money, you will need to apply for a loan. No lender will talk to you unless you provide them with a valid business plan. Go to , or for sample business plans and instructions on how to write a business plan.
Then, go to and in the upper left hand corner, enter your zip code. On the next screen, you will get information on the nearest SCORE chapter. Call them and arrange for a free meeting with a SCORE counselor to review your business plan and discuss various loan options available to you.
SCORE is a nonprofit association dedicated to entrepreneur education and the formation, growth and success of small business nationwide. SCORE is a resource partner with the U.S. Small Business Administration (SBA).
SCORE has 389 chapters in locations throughout the United States and its territories, with 10,500 volunteers nationwide. Both working and retired executives and business owners donate time and expertise as business counselors.
A small business loan is one of the most treasured commodities in the business world. It is still very hard to get despite the claims and promises of banks, credit unions, and other lending institutions that they want to help American smallsuppliers and vendors. The main reason that the banks use for not granting many loans during this period is like the same reason that a student can’t get a job coming out of school. They don’t have the experience.
Grants are given to non-profit orgs not for profit businesses
Foundations typically fund nonprofit organizations that qualify for public charity status under section 501(c)(3) of the Internal Revenue Code. These are organizations whose purposes are charitable, educational, scientific, religious, literary, or cultural. By and large, foundations do not make grants to for-profit enterprises. If you are trying to start a for-profit business, as opposed to a not-for-profit entity, we recommend that you visit the business section of your local public library. Your state’s department of economic development may also offer some resources.
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