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The Money Chase - Advice and Tips For Financing Your Women Owned Business

Guide To Free Government Grants

Written by Jody Southerland. Posted in Raising Capital For Women Business Owners

guide to free government grant

Guide To Free Government Grants

 

If you are thinking about going into business for yourself, or wanting to expand an existing business, you 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;
  • 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. How would you use $70,000 for your business?

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 BUSINESSES

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 IN 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

GRANT MONEY FOR 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. 

SHE HAS OVER $6 TRILLION DOLLARS TO SPEND AND WOULD BUY FROM YOU IN A HEARTBEAT. IF ONLY SHE COULD FIND YOU. NOW SHE CAN.

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