Comments on: How do I find small business grants for the state of Indiana? http://governmentloangrants.com/articles/how-do-i-find-small-business-grants-for-the-state-of-indiana Sat, 20 Dec 2008 20:05:49 -0700 http://wordpress.org/?v=2.8.5 hourly 1 By: imisidro http://governmentloangrants.com/articles/how-do-i-find-small-business-grants-for-the-state-of-indiana/comment-page-1#comment-2101 imisidro Wed, 20 Aug 2008 02:07:51 +0000 http://governmentloangrants.com/articles/how-do-i-find-small-business-grants-for-the-state-of-indiana#comment-2101 It is hard to find grants to start a business. Unlike the myths that some perpetuate, federal government and even private foundations hardly give grant money for a for-profit business. Nonetheless, you can go to the Catalog of Federal Domestic Assistance (CFDA) and 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 "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 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." 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. It is hard to find grants to start a business. Unlike the myths that some perpetuate, federal government and even private foundations hardly give grant money for a for-profit business.

Nonetheless, you can go to the Catalog of Federal Domestic Assistance (CFDA) and 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

“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 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.”

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.

]]> By: troublz http://governmentloangrants.com/articles/how-do-i-find-small-business-grants-for-the-state-of-indiana/comment-page-1#comment-2100 troublz Sun, 17 Aug 2008 22:52:40 +0000 http://governmentloangrants.com/articles/how-do-i-find-small-business-grants-for-the-state-of-indiana#comment-2100 The best place to start is the Indiana Department of Commerce (see Source link #1 below). They have a two links in particular you will want to read. The first is a link to "Business Owner's Guide to State Government"(see Source link #2) which has a section labeled "Assistance" which specifically mentions programs/grants for new businesses. The other is a section on Grants and Incentives (see Source link #3). This should get you started...Good Luck! The best place to start is the Indiana Department of Commerce (see Source link #1 below). They have a two links in particular you will want to read. The first is a link to “Business Owner’s Guide to State Government”(see Source link #2) which has a section labeled “Assistance” which specifically mentions programs/grants for new businesses. The other is a section on Grants and Incentives (see Source link #3).

This should get you started…Good Luck!

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