MONEY GUIDE TO FREE GOVERNMENT GRANTS
thinking about going into business for themselves, or wanting to expand an
existing business should rush for the world's largest
"one-stop-money-shop" where FREE MONEY to start or expand a
business is being held for you by the Federal Government.
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:
$30 billion dollars in free grants and low-interest loans;
one-half trillion dollars in procurement contracts; and
$32 billion dollars in FREE consulting and research grants.
an economy that remains unpredictable, and a need for even greater economic
development on all fronts, the federal government is more willing than it
ever has been before to give you the money you need to own your own business
and become your own boss!
spite of the perception that people should not look to the government for
help, the great government give-away programs have remained so incredibly
huge that if each of the approximately 8 million businesses applied for an
equal share, they would each receive over $70,000.
people never apply for a FREE GRANT because they somehow feel it isn't for
them, feel there's too much red-tape, or simply don't know who to contact.
The fact is, however, that people form 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
with all grant seeking, the key to obtaining grants is preparation and a
knowledge about funding sources. Preparation means identifying programs that
are available, and then determining if you fall within their restrictions.
following sources will be invaluable to you in locating thousands of sources
of FREE MONEY!
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.
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
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.
FREE FEDERAL MONEY GIVEN AWAY TO ASSIST BUSINESSES
FOR BUSINESSES IN POOR ECONOMIC AREAS: Contact the Economic Adjustment
Division, Director, Economic Development Administration, Herbert Hoover
Bldg., Rm. H7217, Washington, DC 20230.
FOR MINORITY BUSINESS DEVELOPMENT: Grants are awarded up to $2 million
dollars to stimulate growth. Contact the Minority Business Development
Agency, Department of Commerce, Washington, DC 20230.
TO PROVIDE ASSISTANCE TO ECONOMICALLY DISADVANTAGED BUSINESSES: Management
and technical assistance is provided free to disadvantaged businesses.
Contact the Associate Administrator for Small Business, 1441 L Street, NW,
Rm. 602, Washington, DC 20416.
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.
FOR WOMEN'S ENTERPRISES: Up to $200,000 dollar grants are awarded to women
in business annually. Contact the Office of Women's Business Ownership, U.S.
Small Business Administration, 409 Third Street, SW, Washington, DC 20416.
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.
FOR INDIAN-OWNED BUSINESSES: Contact the office of Tribal Servies, Bureau
of Indian Affairs, 1849 C Street NW, MS #4603-MIB, Washington, DC 20240.
FREE STATE GRANT MONEY
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
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 persistent doesn't help, get in
touch with your congressman and let them track down a program that meets your
TYPES OF PROGRAMS AVAILABLE THROUGH
STATE AND FEDERAL AGENCIES
MONEY: Usually through direct grants that do not have to be paid back.
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.
SITE SELECTION: State hired specialists are available to assist new
entrepreneurs select the best possible location for their new business.
TRAINING: Most states will assign specialists to work with a new business
with one-on-one management training.
TRAINING ASSISTANCE: This program provides FREE MONEY to train employees.
FREE MONEY is also available to send employees to school.R
& DEVELOPMENT GRANTS: FREE MONEY is available to attract high-tech
CONSULTANTS: States have highly trained management consultants who will
locate Federal Grant Programs and help you through the application Process.
DOCUMENTS: State professionals will help a new business owner apply for
permits, licenses, or any other legal document a business may require.
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 terms that invest in high risk
& WOMEN: FREE MONEY grants are available in most states for women or
minorities who want to start a business.
INTEREST LOANS: A state may raise money through industrial revenue bonds to
buy your fixed-asset equipment. The public, which invests in these bonds, do
not pay taxes on the earned interest. When a low interest loan is granted,
the states 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
state has Small Business Development Centers who can match you up 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 applications. 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
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.
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
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.
business investment companies are in the business of making money just like
any other business. The biggest difference between them and another investor
are privately managed firms who are licensed and partially financed by the
federal government's Small Business Administration.
of its transactions are regulated by the government.
success depends on the growth and profits of companies they own stock in.
They often give money in exchange for stocks.
loans usually carry lower interest rates than commercial banks.
loans repayments are carried over a longer period of time.
businesses are eligible, especially if they are 50% minority owned.
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
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 to prior experience in
writing grant proposals, this is another area where your State Small Business
Development Centers can help.
WORK CLOSELY WITH THE FREE MONEY GRANTOR AGENCY
you decide which government agency you want FREE MON_EY from, contact them
and ask for a grant application kit. Get to know some of the grantor agency
personnel. Experts love to talk about their programs, so ask for advice,
suggestions, and criticisms about your proposed project.
most cases, the more an 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.
it is a 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 contact. You wouldn't want a first draft
mistakenly processed before it was finished.
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 to for FREE MONEY. There is nothing that says you can't apply for two,
three, or more FREE MONEY grants at one time!
ESTABLISH YOUR OWN PROFESSIONAL NETWORK
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
U.S. 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.
"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 states
and local governments. The contacts you want to make may only be minutes
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