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July 13, 2006

US Grants And Low-interest Loans For Women Business Owners

If you're looking for a government grant to start your own business the advice being given is generally wrong. Why?

Because government grants are normally available to not for profit organizations.

There are dubious web sites offering to sell you tips on applying for government grants. Let's set the record straight, Government and foundation grants are almost always limited to nonprofit organizations.

While there are some government grants available to small companies, these companies are normally doing scientific research but not for conventional businesses.

If you're looking for a government grant to start your business then stop!

Instead you should look at alternatives such and small business loan that's underwritten by the government or approaching friends and relatives.

If you are in any doubt about government grant check this government grant article that deals with the topic from a real life example.

David
Small Business Resource

Posted by David at July 13, 2006 6:26 PM