Grant Money For Small Business
By: Laurence Clunie -
If youre frustrated by the conflicting and inaccurate
information youve found regarding grant money for a small business,
then dont worry. This article is your best source for the most
accurate and up to date data. Read on and find out why!
Many people today searching for small business grant money to start
their own for profit business assume that grants are nothing more
than free money. Well, sorry to be the bearer of bad news but small
business grant money is hardly free money at all. In fact, these
grants are more like contracts with their own set of obligations
and restrictions that you must comply with or risk suffering
sanctions imposed by your funding resource.
In the case of government grants, the rules are even stricter. One
of the first places that people often turn to is the Catalog of
Federal Domestic Assistance, which is where all listings of
government grants approved by Congress are announced. The problem
with this resource is that there are very few programs available
for small businesses.
These grants are usually awarded to deserving individuals or
nonprofit organizations having some community-based project in
mind. Rarely will you find a government grant awarded to help set
up a for profit business. That is why when searching for a small
business grant you should not turn only to the government for
funding resources.
A good source of grant money is the Association of Fundraising
Professionals (AFP). The AFP is considered the chief professional
association for fundraisers. The association was formerly known as
the National Society of Fund Raising Executives (NSFRE). Their
website at AFPnet.org offers sections on ethics, public policy,
publications (including AFPs online bookstore), professional
advancement, local chapters, jobs, and youth in philanthropy (along
with a member gateway/dashboard).
Besides that, the AFP also provides a list of organizations
(including their websites) that are among the top basic resources
of grant money. Foremost on their list is the Foundation Center at
FDNCenter.org, which publishes the revered Foundation
Directory.
Consider contracts. Government money can sometimes come in the form
of contracts. If you can demonstrate that your company can execute
a budget line item, if you can shape part of your idea to what the
government wants done for a particular project say something
educational or construction-oriented if you can fill a need, you
can compete, says Francie Ward, CEO of the Business Owners Idea Caf
at BusinessOwnersIdeaCafe.com.
Thank you for reading this article. I hope that it has helped you
and that you were able to find, through our research, the answers
you were seeking.
We have additional articles on the topic of grant money, specifically college grant money. Explore www.college-grantmoney.com and discover it for yourself!
Article Source: http://www.articledashboard.com