| Business
Grants: The Bailout For Small Businesses?
Columbus,
OH
- According to Business.gov, a web site managed by the United
States Small Business Administration, the federal government
does not provide grants for starting a business. However,
the web site further reveals that they do provide some financial
support that makes it easier for small business owners to
obtain low-interest loans and venture capital financing.
While it is very
notable that the U.S. Government has some type of financial
help for small businesses, the questions remains: If the federal
government isn't giving out actual business grants, then who
is?
The answer
is simple. State governments, city governments, counties,
community organizations, and major corporations all give out
business grants. Some are done monthly, and others do so on
a annual basis.
At a time
when major corporations are receiving federal bailouts, it is
very common to see small businesses looking for financial assistance
as well. Unfortunately, a bad economy makes it near impossible
for many to even qualify for loans - let alone venture capital.
So the only bailout that small businesses can really turn to
are, in fact, business grants.
The difficulty,
though, with business grants is that the opportunities are
generally not heavily publicized. Secondly, those searching
for business grants through the web can find themselves in
an endless pit of information that is either expired, a scam,
or just plain useless.
The National
Institute of Business Grants (NIBG) has recently launched
a site at www.Business-Grants.com that educates entrepreneurs
and business owners about business grants. They can learn
what exactly they are, how to apply for them, where to find
them, and other FAQs. The site also features a listing of
relevant resources, experts, and recent news and commentary
that the media has published about business grants.
Whether
or not business grants for small businesses are considered
to be the equal of the federal bailouts that major corporations
are receiving, is yet to be determined. Regardless, many agree
that it's better than nothing.
For more
details about business grants, visit:
www.BusinessGrants.org
Source: National Institute of Business Grants
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