Online Business

You now have the opportunity to expand your visions into reality, and pursue your business ventures or secure your personal financial situation. Small businesses are the fiber that keeps this country strong, which is why the government and foundations offer start-up capital, expansion capital, rent and other overhead expenses to you.

If you’re an American citizen or resident, you are entitled to apply for free grant money ranging from $500.00 to $250,000.00 or more. There are amazing grants available based on your ethnicity, religious background, business plans, and other factors. It’s up to you to locate the funding, but the sources number in the thousands!

You are eligible and this money will be yours to keep absolutely free! It will never have to be paid back.

Two major stumbling blocks are associated with obtaining government funding: locating it and properly applying for it.
First let’s talk about locating the funding:

Six major sources for government funding exist:

Each has its own agenda and different requirements concerning who can apply, how to apply, how the money must be spent, and the methods of evaluation.

Federal and State Government Money
There are so many different possibilities when it comes to the government. The only drawback about the government is getting in touch with the correct person. Have you ever tried to call a government office, and all you get is answering machines or someone who doesn’t have any idea what you are talking about? The government is a great source of funding, but the trick is getting in contact with the right person.

Every day the government gives grants to entrepreneurs, students, businesses, inventors, minorities, veterans, the unemployed, youth services, communities, home and real-estate buyers, artists, musicians, nurses, teachers, and researchers, to name a few.

Here are some funding types to help you get your business started:

Grants
Money given by federal or state agencies for a fixed period of time and which does not have to be repaid.

Loans
Loans are money that is lent by a federal or state agency for a specific period of time and with a reasonable expectation of repayment. Loans may or may not require a payment of interest.

Loan Guarantees
Programs in which the federal or state agencies agree to pay back all or part of a loan to a private lender if the borrower defaults.

Direct payments
Funds provided by federal or state agencies to individuals, private firms, and institutions. The use of direct payments may be “specified” to perform a particular service or for “unrestricted” use.

Insurance
Coverage under specific programs to assure reimbursement for losses sustained. Insurance may be provided by federal and state agencies or insurance companies, and may not require the payment of premiums.

Each of the 50 states is a major source of financial assistance to small businesses and educational programs. This includes money for businesses to purchase buildings, land, equipment and more.

Don’t be afraid to ask for some of your money back!

Private Foundation Money
Foundations fund those organizations which can present a convincing case that they will help the foundation reach its long-term goals.

Foundations must by law give away a portion of their total assets every year in order to keep their tax-exemption status.

Foundations and Agencies are dedicated to providing a common good for society by helping businesses and individuals with Free Federal Government Grants! It’s up to the individual foundation and agency to decide how they distribute their funds–some just give to businesses and others give money for everyday expenses.

Corporations
When Corporations fund projects, they look for something in return. What could you offer?

Many people enter the government-funding arena with the mindset that: “I am only going to go after free money”. Whatever money you can get for the venture you are starting is a bonus. Don’t rule out any options, just because you want to get free money from the government. Remember to look at all the options available for government money. These include Low Interest Government Loans, Government Contracts, SBA Loans, and other means.

Using all available options might allow you to get your project started sooner. If you have a good idea, you feel passionately about it, and you are open to all possible funding sources, you are on the right track!

Did you know that each year the government gives out billions of dollars in grant money and low interest loans?

Just because the government does not advertise that there are billions of dollars available in business money, that doesn’t mean it isn’t there. As I have worked with people who are seeking grants, I have come to the realization that most people think it’s too hard and complex to get Free Grant Money. My response is always that the money is there, and whoever has the motivation and persistence will get it. Would you like to be the one who receives Free Money to start your business?

You may be wondering why the government or some other organization would give you money to start a business? The answer is simple–the government gives back a portion of tax dollars people pay each year to help grow the economy, and corporations and private foundations want to improve the community and receive tax benefits.

Free Grant Money is out there! Billions of dollars are given away every year, and now is the time for you to claim your share!