Government Loan Grants

1. Tarique Monsoor Said,

   try…. You may find his email address there. But please do not act as a spam. If you do so, instaed of grant, you may be fined!

2. imisidro Said,

   I suggest you check out low-cost loans instead of grants. Visit Small Business Administration. Read their CREDIT FACTORS A POTENTIAL BORROWER SHOULD KNOW

   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. And yes, grants mean PAPERWORK – lots and lots of it, that is why a cottage industry of grant writers was born.

   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.”

   Here is a listing of federal grants for small businesses. See if there is any available for individuals for starting a business — THERE’S NONE.

   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.

   Big corporations mostly have corporate giving programs, but they are designed for the “greater good” and not for individual’s enrichment purposes such as starting businesses. Like the federal government, private foundations including corporations hardly give grant to those who wish to start a business.

   Here are some of the big companies’ corporate giving programs and their objectives:

   Dell Foundation
   Recipients are 501(c)(3) non-profit organization and objective is to address the health and human services, the education, and the technology access for youth. Specifically says that they do NOT provide grants for individuals

   Microsoft
   Provides support to Community-Based Technology and Learning Center (CTLC) organizations including Nonprofit—in the United States, 501(c)(3) designation—or a nongovernmental organization; Government funded and operated—a nonprofit organization that receives government funding or is a partner with a governmental; and schools. Specifically says that they do NOT give to individuals

   Philip Morris
   Provides financial and in-kind contributions to local organizations, and through sponsorship of community events. Again, applicants must be non-profit, charitable organizations tax-exempt under section 501(c)(3) of the Internal Revenue Code. Individuals are again NOT eligible.

   Coca Cola
   Offers scholarships

   The story is the same for other corporations – their gift giving program focuses on the community, on non profits, and NOT on individuals.

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