Anonymous asked in Business & FinancePersonal Finance · 1 decade ago

I need someone to write me a approvable federal grant to expand my struggling business?

i just been told you have to know what to say and how to say what you are trying to do!!!

5 Answers

  • 1 decade ago
    Favorite Answer

    I suggest you focus on ways to improve your cash flow, generate more income from your current customers or find new customers -- instead of writing grants.

    In fact, you stand a greater chance of getting a government-guaranteed loan through the Small Business Administration than a government grant. Read the SBA Financing page to learn about criteria needed for borrowing

    It is hard to find grants to start or expand 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 - 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 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

    I suggest you read the following books to get ideas of how to finance your business:

    Financing Your Small Business

    Small Business Financing: How and Where To Get It

    Financing the Small Business: A Complete Guide to Obtaining Bank Loans and All Other Types of Financing

    The SBA Loan Book

    Angel Capital : How to Raise Early-Stage Private Equity Financing

    Financing Your Small Business (Barron's Business Library Series)

    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.

  • 1 decade ago

    There are all kinds of offers for "how to write a federal business grant" online, even for free (from the government). If you can follow a guideline, you can write your own. If you'd rather have someone else write it, you'll have to pay.

  • Anonymous
    1 decade ago

    Contact a local community college and see if they have some sort of assistance. My local CC has a small business consulting service that they offer for free. But, they won't write your grant for you. That is a tedious process and you either need to do it yourself or pay someone to do it.

  • Kdude
    Lv 4
    1 decade ago

    How much are you willing to pay me for my services?

    This is not something I do for free,and remenber the old saying you get what you pay for!



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  • Anonymous
    5 years ago

    No such animal as free. Loans maybe.

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