Federal Supplemental Educational Opportunity Grants

Office Of Student Financial Assistance Programs - To provide eligible undergraduate postsecondary students with demonstrated financial need with grant assistance to help meet educational expenses....

Small Business Grants to Minorities

Small Business Grants to Minorities

Due to the age-old prejudices faced by the minorities in our society, the minorities interested in starting new businesses face quite a lot of problems even in getting the approval for the business loans.  In order to overcome these obstacles, they can apply for the grants aimed at helping them to commence the new business.  

First the minorities should search and find out whether there are grants at the State level.  Normally the State Governments will have some business grants schemes for increasing the minority participation in the new businesses.  For this, they can consult the Minority Business Development Agency and locate the grants organizations in all the States.  They will have to prepare the mission statement outlining the purpose of their business with clear goals in the market place.  This way the potentials of the applicants are made visible to the grant organizations without their applications getting rejected in the initial stages.   

They will have to prepare a clear expenses budget and submit to the grants organization so as to establish that the business grants are being fully utilized by them for that particular business.  The budget also helps to convince the investors about the competency of the minority businessman.  By providing the complete details and definitions of the future products, they should impress the grant reviewer about the proper use of the grants.

It would be advisable to include the contributors like department heads and report writers while submitting the grant application for multiple points of contact and review by the grants organization. They can even mention the websites or any online partnerships with which they have associated to bring this project as supporting material for use by the grant reviewer.
The benefits the minority community likely to get from the business will have to be highlighted to the grant organization at the time of applying itself.  This  will certainly make the grant organizations devoted for the development of minorities views as a genuine reason for sanctioning the grants and thus helping the minority community.

In order to increase the chances for getting the grants, the following information will have to be furnished in the grant application.

Community Certificate to prove as a minority (copy to be attached)
Proof for household income
Receipt of any grants prior to this application
The kind of business that requires the grant
What is the amount required as grant
Plans for making the business very successful
It would be better to give the correct and honest information for the above so that the chances are better to receive the grant.  
As there is no restriction for applying for only one grant at a time, it is advisable to apply for multiple grants so that there is a possibility for getting selected for one.  
Though it is a long and tiring process to apply for small business grants for minorities, it will be worth and a boon to the minority businessman if one is granted.  

Small Business Grant Source:
Learn the application procedures, various funding sources for specific types of businesses and eligibility criteria for small business grants. You can find the most comprehensive information on availing of small business grants by visiting this online guide on grants here

Government Grants for Women

Apart from the Government, there are several foundations that liberally offer grants for several purposes. Visit this Grant Foundation Guide to know how to avail of free grants from private foundations. Also, check out the Education Grants Guide to find the best sources for all types of education grants.


Article from articlesbase.com

Small business grants from private companies

Small business grants from private companies

While starting a small business, raising the start up capital is the top most priority.  The business grants such as free grants are the best capital as these need not have to be paid back.  The other types of grants are like loans which require repayment with interest charges.  Business grants are usually given to those applicants who have the solid business plan with detailed reports.  Grants are given for various types of activities like start up, education and preservation of monuments.  

There are various sources which give the business grants to the new business as well as to the existing businesses.  There are numerous grants available like Free Government money for minorities, Free Government money for Women, Free Government money for Equipment, rent, offices, etc.  

Another option is to apply for the private grants from foundations and corporations.  Foundations award grants to businesses that are able to help the foundation reach its long-term goals. In the United States there are more than 65,000 private grant foundations which award more than billion to applicants. Two good resources for private grants are the Foundation Center and the Council on Foundations. In order to get the tax exempt status, the foundations have to distribute 5% of their assets value as grants as per local law.  As per the mandate of the Federal law in the United States, the government agencies and private foundations a minimum amount as grants to individuals and businesses.  Moreover, big corporations save a lot of money in taxes by giving grants to foundations.

Grants provide great support for start-ups and the companies wanting to develop new projects.   They are given as additional package along with the advice and support which is very important and vital for the business.  

As there are many grants that are available, choosing the right one will be time consuming.  However, the terms and conditions of the applications have to be studied thoroughly by the applicants so that they can find the companies with no fee basis that make the process easier to get the grants.   

New business owners as well as the existing business owners are eligible for private grants.   More often, the private grants are available for businesses that address the current challenges like environmental and social issues.  By submitting a more detailed report and business plans, there is a good chance of getting the private grants for the business.   The amount of grant required should also be very clearly mentioned in the application along with the other details accurately.   

The applications should be submitted to those foundations who can accept your business concept so that there is no hassle in getting the grants.  

For the business growth, the owners need money and the small business grants can help to sustain and move it to the next level.  Although the recipients need not have to repay the grant money, if they violate the restrictions mentioned in the grant agreement, then the money can be recaptured.

Small Business Grant Source:
Learn the application procedures, various funding sources for specific types of businesses and eligibility criteria for small business grants. You can find the most comprehensive information on availing of small business grants by visiting this online guide on grants here

Government Grants for Women

Apart from the Government, there are several foundations that liberally offer grants for several purposes. Visit this Grant Foundation Guide to know how to avail of free grants from private foundations. Also, check out the Education Grants Guide to find the best sources for all types of education grants.


Article from articlesbase.com

Business Grants Available on this Site. Look for Several Subcategories. You Will find what you're looking for. Here. Just keep looking. MoneyforYouLive.com Government Grants for Women

Find More Business Grants For Women Articles