Entrepreneur’s, sole proprietors and corporations alike have one thing in common: They all qualify for business expansion grants. In these volatile and ever changing economic times, if a business fails to grow and evolve in serving the needs of the community, they won’t be in business long. People who have disposable income spend their money wisely and the savvy business owner will explore grants to expand business offerings by exploring business expansion grants. Continue reading
Billions of dollars at both the federal and state levels are awarded to savvy business owners who seek to expand an existing business or add needed diversity to their services using business grants. There are well over 900 business grants programs offered by twenty six federal grant-making agencies within the federal government. While private sector foundations focus on non-profit charities, the federal government is now setting up to help select local service providers and regional materials suppliers grow and get back on their feet with by funding business grants opportunities available to those who qualify.
In the business world location is everything when talking about commercial grants. In most cities in the United States, inner-city downtown areas are now defunct and downtrodden. For a business, a sure-fire way to keep income rolling in is to own business property of some sort. Right now the cost of commercial property is at a premium and the U. S. federal government is intent on driving the economy up using downtown revitalization efforts. If you’re willing to expend a little elbow grease, commercial grants can help your business plant a local solid foundation in these harsh economic times. Continue reading
The number of women in business is growing by leaps and bounds thanks in part to the availability of small business grants for women. The SBA has the authority to make grants to non-profit and educational organizations in many of its counseling and training programs, but it does not have authority to make grants to small businesses directly. While it is a common myth that there are grants for women in business who seek start-up capital, government business grants for women do in fact exist in the form of small business loans, government expansion supply contracts as well as private and corporate foundational business grants for women.
As a savvy business woman seeking government business women grant, your first stop should be the United States federal government official business website at SBA.Gov. The Small Business Administration is the federal government arm for exploring grants for women in business. Here, you can look over opportunities, ask questions concerning government grants for women in business and get free help with every aspect of your business as well as advice from past small business grants for women awardees!
Here are just a few examples of currently available government women small business grants programs:
The Basic 7(a) Loan Program: While this is not a true small business grant for women in business, this type of funding can be used for starting, acquiring and expanding a small business. 7(a) loans are the most basic and most used type loan of SBA’s business loan programs.
The Federal CAPLines Program: The CAPLines program is the umbrella program under which the SBA provides an alternative for women small businesses grants to help meet their short-term and cyclical working-capital needs.
Microloan Program: The Microloan Program provides very small loans to start-up, newly established, or growing small businesses in lieu of government business grants for women.
Okay – so where are the actual available government grants for women in business? They are available on the same site, and awarded in the form of contracts and cosponsored grants!
The savvy explorer seeking business women grant in business will always consider taking advantage of doing business with the federal government. Good old Uncle Sam purchases millions upon millions of dollars worth of goods each and every year from local businesses. The federal government purchase and supply chain contracts to purchase goods of all makes and kinds in support of government workers, military personnel and their families. Funded by government grants for women in business, this one opportunity alone can catapult a small business into a large multi-million dollar business quickly.
Remember, while it is a common myth that there are grants for women in business who seek start-up capital, government business grants for women do in fact exist in the form of small business loans, government expansion supply contracts as well as private and corporate foundational business grants for women. The number of women in business is growing by leaps and bounds thanks in part to the availability of small business grants for women.
Designed to aid unemployed or underemployed workers; veterans, older workers; minorities, women; …and just about everyone else are well kept little funding opportunities called training grants. Your educational needs and background will determine which program will work best for you and of course, for which grants you qualify. Here, we cover some of the better funded opportunities in both the federal and private award sectors in grants for training.
Whether you are just preparing to enter the workforce, obtain funding to further your skills, or maybe even need retraining in now obsolete skills, there are many training grants available to just about everybody. The most widely used training grant is the Pell grant. The Federal Pell Grant Program provides need based training for grants to low income undergraduate as well as occupation specific post-baccalaureate students to
promote access to postsecondary education.
The Federal Trade Assistance Act is designed to provide reemployment services in the form of training grants to workers who have lost jobs as a result of imports from overseas and shifts of production to other countries due to foreign completion. Eligible workers may also receive classroom and on the job training, trade readjustment allowances and relocation and job search payments. The Workforce Development Act provides training grants to eligible disadvantaged and dislocated workers. These grants average about $4,000.00 each and cover the cost of tuition. Students can continue to
collect unemployment insurance, welfare or food stamps while attending school.
The federal government also provides grants for training or retraining in the areas of:
- Alcoholism training grants for treatment providers
- Drug abuse grants for training for treatment providers
- Mental health training grants for treatment providers
- Law enforcement training grants for advanced training
- Family planning services
- Occupational safety
- Physical fitness for groups and individuals
- Program development training grants for businesses and organizations
In the private and corporate funding sectors, there are several foundations which offer training for grants to groups, organizations and individuals.
- The A.C. Ratshesky Foundation is committed to fostering economic and social justice for low and moderate income families residing in Boston and its surrounding communities offering training grants in the fields of childcare, education, and arts and culture.
- The Chevron Foundation awards grants for training in the areas of providing for basic human needs, supporting education and related training costs, and aiding small to medium size business development.
- The DeBusk Foundation provides training grants to gifted students twelve years of age and under. Grants are made to educational organizations for the purpose of direct enrichment of gifted students.
- The Family Care Foundation provides humanitarian services and grants for training to grassroots organizations in developing countries. The Foundation International Relief and Development includes training grants for medical programs, computer literacy and grants for training the physically challenged population.
While your educational needs and background will determine which program will work best for you and of course, for which training for grants you qualify, there are funding opportunities available from a wide range of resources in many areas. As always, your first stop should be the federal government grants portal Grants.Gov to check out
available grants for training.
Whether it is helping schools or nonprofit organizations get better computers, or partially funding a new super powerful electron microscope for clinical research, everyone benefits from the award of technology grants. Continue reading
As passed by the United States Congress over two decades ago, a specific percentage of monetary revenue collected by the federal government must be allocated to, and passed down to individual states in the form of state government grants. State government grants are not only available to local townships and counties, but also available to: Continue reading
Small business grants are available at the federal government and private foundation levels for entrepreneurs and private owners seeking grants for small business. While it may seem obvious to those of us already working in a small business, the federal government has very strict mandates on what constitutes a small business, and thus who can apply for small business grants.
The United States federal government has strict criterion which must be met in their definition of a small business. Government grants are funded by your tax dollars and,
therefore, require very stringent compliance and reporting measures to ensure the awarded money is well spent. As you can imagine, small business grants are not given away indiscriminately. Since all federal agencies that offer Business Funding Grants for small business use United States Small Business Administration size standards for all contracts identified as small business grants, loans and more; owners and entrepreneurs need to select NAICS codes that best describe the business and then further determine if the
business meets size standards for the selected NAICS codes.
The North American Industry Classification System developed under the direction and guidance of the Office of Management and Budget is the standard for use by Federal statistical agencies in classifying business establishments for the collection and analysis
of statistical data describing the United States economy as a whole. This definition, which actually varies by geographic area, contains common grants for small business grants award elements such as:
- Is organized for profit;
- Has a place of business in the US;
- Operates primarily within the U.S. or makes a significant contribution to the U.S. economy through payment of taxes or use of American products, materials or labor;
- Is independently owned and operated; and
- Is not dominant in its field on a national basis.
While the federal government will not provide business startup capital, they do offer government grants for small business in the form of awards from sub-entities, loans and procurement contracts. Of course when exploring available federal grants for small business, your first stop post registration is the federal government Internet funding portal at Grants.Gov.
Here you can locate and research government grants for small business offered by such entities as the Small Business Administration, the Department of Housing and Urban Development and the Department of Commerce, just to name a few. Millions upon millions of dollars
of federal funding opportunities in the form of small business grants are available for review.
Select private and family foundations also provide grants for small business who share the same mission goals for the betterment of humanity. The Advanta Foundation’s business focus is helping small businesses and business professionals grow in select areas by offering grants for small business. The Intuit Foundation Intuit forms
collaborative relationships with targeted nonprofits who in turn offer small business grants to entrepreneurs dedicated to making a lasting impact on the social issues frontier.
As you can see, small Business Funding Grants are available at the federal government and private foundation levels for entrepreneurs and private owners seeking grants for small business. The savvy business owner will take time to explore and research all available funding opportunities available in the form of small business grants.
Business expansion grants offer the small business owner funds that do not have to be repaid, thus relieving the burden of debt repayment and the accompanying liability and expense for interest on the company balance sheet.
Grants to expand businesses are not usually available from the Federal government, but state governments often have departments that can access funds for grant opportunities. Business expansion grants may also be administered through state colleges, such as a program in New Mexico that is administered through New Mexico State University. Other state sources may be found under headings such as “Office of Economic Development”, “Small Business Development Council”, or “Office of Commerce and Economic Opportunity” (Illinois).
Other sources for business expansion grants are professional organizations. For example, the National Association of the Self-Employed (NASE) offers notice of grants for business expansion opportunities after you become a member of the organization. Some organizations do not have an integral foundation that can directly provide grants, but maintain a notification service for funding.
If your business is a nonprofit, the opportunities for business expansion grants are far greater than found in the private sector. Typically, these grants are focused on increasing the scope or area coverage for your services (capacity building) and naturally support business expansion.
Business expansion grants rarely offer direct cash payments for operating costs, preferring to focus on providing funds for specific areas. For instance, if you are a taxicab company, you might apply for funds to build a service garage, and then approach another funder for grants for business expansion to purchase a vehicle lift, or to purchase specialized tools. If you are a nonprofit, you might include the cost of a van to serve outlying areas as part of your capacity building vision.
Small business expansion grants may be restricted to certain types of businesses. Perhaps your company wants to expand internet service to a rural area via wireless connections. You would look not only for the keywords “business expansion” but also under headings for “rural”, or “internet provider”.
If your program, whether a nonprofit or a for-profit, offers value for many people (such as our hypothetical internet provider, above) it will be perceived more favorably by funders than if it benefits very few people. Business expansion grants that produce new, sustainable jobs are very well received by the entire grant funding community at this time.
The recent economic collapse has created more new entrepreneurs’ than ever before – and many times badly needed startup capital comes from minority business grants. The Federal government assists minority groups by gifting minority business grants to minority business owners and to the disadvantaged at-large population. Continue reading