Is it easy to get a government grant to start a small business?

Getting a Government Grant

The truth is that federal and state governments do not provide grants for starting and expanding small businesses. However, the U.S. government does offer a wide-variety of low-interest loans and venture capital financing programs to help entrepreneurs start and grow their businesses. In addition, some federal and state agencies award a limited number of grants for very specialized business activities such as scientific research and development.

No, it is not easy to get a government grant for a small business. Don't waste your money on any book that says it is easy or that the author can guarantee anything of the sort. If it were that easy, everyone would be doing it. I mean think about it. All these books, websites and services are telling you 'get a free grant from the government and never have to pay it back.' Since when have you ever been able to get something for nothing.

Instead, check out the U.S. Government's official business portal Business.gov -- it has a Loans and Grants search tool -- http://search.business.gov/startLoans.html -- that will help you find loans, grants and venture capital from federal, state and local government agencies, include the Small Business Administration.

And remember this: If it sounds too good to be true, it usually is. As cliched as this sounds, it really is sound advice and by heeding this advice you can save yourself a lot of headaches and most likely a lot of money that would be better invested in your business!

Answer

it is really tough. your business has to be founded by or create something usually for minorities. low income, women, black/hispanic ect. Don't give up on this search because you can find funding but there might be a few loop holes or maybe there is a specific grant for what you already plan to do.

--- Unless your business involves the development of new technology or is a non-profit organization, you will be wasting your time looking for a grant.

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First answer by ID0000000000. Last edit by Misterbarky. Contributor trust: 1 [recommend contributor]. Question popularity: 230 [recommend question]