YOUR MONEY GUIDE TO FREE GOVERNMENT GRANTS
Anyone thinking about going into business for themselves, or
wanting to expand an existing business should rush for the world's
largest "one-step-money-stop" where FREE MONEY to start or expand
a business is being held for you by the Federal Government.
It sounds absolutely incredible that people living right here in
the United States of America wouldn't know that each year the
world's largest source of free business help delivers:
* over $30 billion dollars in free grants and low interest loans;
* over one-half trillion dollars in procurement contracts;
and
* over $32 billion dollars in FREE consulting and research grants.
With an economy that remains unpredictable, and a need for even
greater economic development on all fronts, the federal government
is more willing than ever before to give you the money you need to
own your own business and become your own boss!
In spite of the perception that people should not look to the
government for help, the great government give-away programs have
remained so incredibility huge if each of the approximately 8
million businesses applied for an equal share, they would each
receive over $70,000.
Most people never apply for a FREE GRANT because they somehow feel
it isn't for them, there's too much red-tape, or simply don't know
who to contact. The fact is however, that people from all walks of
life do receive FREE GRANT MONEY and other benefits from the
government, and you should also.
HOW TO FIND FUNDING SOURCES WORTH BILLIONS
As with all grant seeking, the key to obtaining grants is
preparation and knowledge about funding sources. Preparation means
identifying programs that are available, and determining if you
fall within their restrictions.
the following sources will be invaluable to you in locating
thousands of sources of FREE MONEY~
FEDERAL REGISTER:
This daily publication contains changes, proposed changes, and
notices about rules and regulations affecting all government
agencies and their programs. Federal agencies must publish the
program description, eligibility requirements, and program
guidelines in the Federal Register. For current subscription costs
write to: Superintendent of Documents, U.S. Government Printing
Office, Washington, Dc 20402.
CATALOG OF FEDERAL DOMESTIC ASSISTANCE:
This publication lists a complete description of every program in
the federal government that makes funds available to private
business. Write to the U.S. Government Printing Office, Washington,
DC 20402.
COMMERCE BUSINESS DAILY:
This publication contains a daily listing of U.S. Government
procurement invitations, contract awards, subcontracting leads,
sales of surplus property, and foreign business opportunities. For
current annual subscriptions costs write to the Superintendent of
Documents, U.S. Government Printing Office, Washington, Dc 20402.
THE FOUNDATION CENTER:
888 Seventh Avenue, New York, NY 10019, will provide you with a
listing of philanthropic foundations.
FREE FEDERAL MONEY GIVEN AWAY TO ASSIST BUSINESSES
GRANT MONEY FOR BUSINESSES IN POOR ECONOMIC AREAS:
Contact the Economic Adjustment Division, Director, Economic
development Administration, Herbert Hoover Bldg.,Rm. H7217,
Washington, DC 20230.
GRANT MONEY FOR MINORITY BUSINESS DEVELOPMENT:
Grants are awarded up to $2 million dollars to stimulate business
growth. Contact the Minority Business development Agency,
department of Commerce, Washington, DC 20230.
FREE MONEY TO PROVIDE ASSISTANCE TO ECONOMICALLY DISADVANTAGED
BUSINESS:
Management and technical assistance is provided free to
disadvantaged business. Contact the Associate Administrator for
Small Business, 1441, L Street, NW, Rm. 602, Washington, DC 20416.
GRANT MONEY FOR INVESTORS IN RENTAL APARTMENT BUILDINGS WHO ARE
FINANCIAL TROUBLE:
Contact the Chief, Program Support Branch, Management Operations
Division, Office of Multi-Family Housing Management, department of
Housing and Development, Washington, DC 20420.
GRANT MONEY FOR WOMEN'S ENTERPRISES:
Up to $200,000 dollar grants are awarded to women in business
annually. Contact the Grants Management Office, Small Business
Administration, 1441 L Street, NW, Washington, DC 20416
REAL ESTATE INVESTORS WHO RENT TO ELDERLY OR HANDICAPPED PEOPLE:
Contact the Director, Office of Multi-Family Housing Management,
Dept. of Housing and Urban Development, Washington, DC 20410.
GRANT MONEY FOR INDIAN-OWNED BUSINESSES:
Contact the Office of Indian Services Director, Bureau of Indian
Affairs, 18th & C Streets, NW, Rm. 4600, Washington, DC 20240.
FREE STATE GRANT MONEY
There simply isn't enough room in this report to begin listing all
the FREE MONEY programs that are available from the federal and
state governments. We can tell you however, the general types of
programs that are available and where to begin.
As you contact different agencies for grant money, learn not to
accept "no" as a final answer. There are so many new programs being
offered each year that often an agency's own employees won't be
aware they are offering the one you ask about. If being persistence
doesn't help, get in touch with your Congressman and let them track
down a program that meets your needs.
TYPES OF PROGRAMS THROUGH STATE & FEDERAL AGENCIES
FREE MONEY
Usually through direct grants that do not have to be paid back.
BUSINESS CONSULTING
Free management advice is offered on almost every business subject
by the Department of Economic Development to minimize new business
start-up management costs.
BUSINESS SITE SELECTION
State hired specialists are available to assist new entrepreneurs
select the best possible location for their new business.
MANAGEMENT TRAINING:
Most states will assign specialists to work with a new business
with one-on-one management training.
EMPLOYEE TRAINING ASSISTANCE
This program provides FREE MONEY to train employees. FREE MONEY is
also available to send employees to school.
RESEARCH & DEVELOPMENT GRANTS:
FREE MONEY is available to attract high-tech related companies.
PROGRAM CONSULTANTS:
States have highly trained management consultants who will locate
Federal Grant Programs to help you through the application process.
FORMS & DOCUMENTS:
State professionals will help a new business owner apply for
permits, licenses, or any other legal document a business may
require.
VENTURE CAPITAL FINANCING:
This method can provide FREE MONEY in the sense you wouldn't have
to pay it back. You would, however, probably have to give up part
of the ownership of your business in order to receive financing.
Most states have their own venture capital finance firms that
invest in high risk businesses.
MINORITIES & WOMEN:
FREE MONEY grants are available in most states for women or
minorities who want to start a business.
LOW INTEREST LOANS:
A state may raise money through industrial revenue bonds to buy
your fixed-assets equipment. The public, which invest in these
bonds, do not pay taxes on the earned interest. When a low interest
loan is granted, the state does not guarantee that investors will
get their money back if the business fails. If a state issues a
general obligation bond, a public investment is then guaranteed.
the states will also make direct loans at low interest, or even
co-sign a commercial bank loan. If a state co-signs a loan for you,
it may subsidize your interest and reduce an already low-interest
rate lower yet.
SMALL BUSINESS DEVELOPMENT CENTERS
Every state has Small Business development Centers who can match
you with the right FREE MONEY grant program. All development
centers offer free counseling to anyone wishing to start or expand
a business. their services are varied but include; FREE seminars,
workshops, business planning, feasibility studies, marketing
research, management analysis, sales technique, financing,
exporting, inventory control, accounting, record keeping, and grant
application. Whatever your questions about FREE MONEY grants or
starting a business, refer to your telephone directory under State
Offices and contact your Small Business development Center.
GETTING FREE MONEY FROM VENTURE CAPITAL SOURCES
A venture capital company is another source for FREE MONEY in
financing your business plans. But since they are willing to assume
some risk by investing in your business, they also expect some
equity in the business itself.
Venture capital companies invest in projects they feel will be
successful and bring a return on their investment. If you are
interested in asking a venture capital company to invest in your
business refer to your telephone directory under Venture Capital
Companies or Investment Companies, and contact those who are in the
same area you want to start your project in.
SMALL BUSINESS INVESTMENT COMPANIES
Small business investment companies can provide your business with
the capital it needs by; 1) giving you a free loan; 2) making a
stock investment in your business; or 3) offering a combination of
the two.
Small business investment companies are in the business of making
money just like any other business. The biggest difference between
them and another investor is:
1) They are privately managed firms who are licensed and partially
financed by the federal government's Small Business Administration.
2) All of its transactions are regulated by the government.
3) Their success depends on the growth and profits of companies
they own stock in. They often give money in exchange for stocks.
4) Their loans usually carry lower interest rates than commercial
banks.
5) Straight loans repayments are carried over a longer period of
time.
6) Most businesses are eligible, especially if they are 50%
minority owned.
For a complete listing of the thousands of Small Business
Investment Companies, visit your local library and ask for the SBIC
Catalog. Study the catalog and note the companies that specialize
in your area of interest. Then write them and request more
information on what they have to offer.
WRITING A SUCCESSFUL GRANT APPLICATION
To write a successful grant application for FREE MONEY it should be
well planned. You should be familiar with exactly how a particular
agency prefers to have their grant proposals completed. If you have
no experience in writing grant proposals, this is another area
where your Small Business development centers can help.
WORK CLOSELY WITH THE FREE MONEY GRANTOR AGENCY
Once you decide which government agency you want FREE MONEY from,
contact them and ask for a grant application. Get to know some of
the grantor agency personal. Experts love to talk about their
programs, so ask for advice, suggestions, and criticisms about your
proposed project.
In most cases, the more the agency knows about your grant proposal,
the better your chances will be of getting support from the
personnel who ultimately approve your FREE MONEY request.
Often it is to the grantor's advantage to send their grant proposal
summary to an agency official they have developed a contact
relationship with, and ask them to review and return it to you with
their comments. Be certain this approach is acceptable with your
agency. You wouldn't first want a first draft mistakenly processed
before it was finished.
Making a personal visit to the agency's office in your area is also
important. Face to face contact will help you understand
eligibility requirements, deadlines, maximum FREE MONEY amounts you
can apply for, and other details you want to know about. You can
also utilize an agency's library and determine through books,
brochures, and conversation if there are other agencies you could
apply for FREE MONEY. there is nothing that says that you can't
apply for, two three, or more FREE MONEY grants at one time!
ESTABLISH YOUR OWN PROFESSIONAL NETWORK
Do some networking and maintain continuous contact with people who
can gather information for you about FREE MONEY GRANTS. Nothing can
be substituted for personal contact with the decision makers who
are in charge of grant programs. Learn to use your personal
influence (and theirs) to achieve your goals.
The US. Government Printing Office maintains a wealth of
information that people never take advantage of! Write to them and
ask for a copy of the "U.S. Government Directory" and ask for a
list of books, brochures, and documents that covers your field of
interest. Tell them you are especially interested in obtaining
information about FREE FEDERAL MONEY that's available to private
citizens.
Remember, "FREE FEDERAL MONEY" doesn't mean you have to travel to
Washington, DC. It just means finding out where the agencies are
within your own state and local government. The contacts you want
to make may be only minutes away.