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What are business grants?

What are business grants?

business grants

Business Grants

Start up businesses that need funding capital are able to receive business grants.  These grants are essentially “free” funds given for a specific use.  In this case, the grants are meant to help finance businesses by raising and providing adequate, necessary start-up monies.  Grants are available to assist new business ventures in all fields including: travel, retail, accounting, brokerage, consulting, decorating, construction, photography, restaurants, music and entertainment and many more.

Some types of financial aid are more useful and/or appropriate for some companies than others.  Some of the numerous factors used to determine which is the very best source for funds are: amount of start-up capital needed, future plans, location and type of business.  Business grants are available through a number of different sources.

In fact, there are many different types of grants offered today in order to assist entrepreneurs in their brand new business start-ups.  A few possible sources of these grants include governments, private and organizations.  The most common are the government grants.  The government offers 350 billion dollars in free government grants every year for business and personal grants.

business grants

Business Grants

In fact, while the federal government itself does not directly offer business grants, some grants may even be available within the state in which the fledgling business owner resides.  Many state development agencies provide business grants and other financial aid to help hopeful entrepreneurs in starting their various new business ventures.  Additional information and even analytical programs regarding various business grants and qualifying information can be found online at such sites as grants.gov and usfinancialbenefitcenter.com.

(Images courtesy of Financnahisa and AwesomeDC)

About Will Phoenix

W. Scott Phoenix, B.A., B.S. was born in Hawaii, raised in Pennsylvania and resides in California. He has been a published writer since 1978. His work has appeared (under various names) in numerous places in print and online including Examiner.com. He is a single parent of three children and has also worked as an actor, singer and teacher. He has been employed by such publications as the Daily Collegian and the Los Angeles Times.