The Truth About Free Government Grants

Free government grants are funded in one ofone grant available -- and that is for research and
two ways: (a) the money comes from the taxesdevelopment for technology based products and
we pay and (b) from private foundations thatservices for the government. Government grants
must give five percent of their assets to stayare generally given to non-profit organizations for
tax-exempt.programs and services that benefit the
Gurus, companies, and others out to make acommunity or the public at large.
quick dollar will try to reel you in and get you toUnless your business involves the development of
buy their information on free grants. Thisnew technology or is a non-profit organization,
information is already free and readily available toyou will be wasting your time looking for a grant.
the public. Do NOT pay to receive this information.If you are looking for funding for an existing or
While the government does give farming, housing,new for-profit business, you WILL encounter
business, college, education, and house buildingdifficulties in finding and getting grant funding. The
grants, these grants are given to non-profitU.S. government does not currently provide
organizations that help people -- they are notgrants for starting or expanding a small business.
given to individuals. An individual grant is moreHowever, the government does offer plenty of
likely to involve food stamp programs, section 8free help in planning how to start or improve your
vouchers, FAFSA, job training, nursing traineeships,business and in securing low-interest SBA-backed
Head Start program, welfare/TANF/AFDC,small business loans. Also, many States DO offer
scholarships, free vaccinations, and other suchsmall business grants to individuals.
programs. Grants to individuals are most oftenWomen-
given for educational support (i.e., financial aid), theWomen have the largest opportunity of any
arts, and various types of scientific or othergroup to benefit from the government's
research, although some agencies award grantsgenerosity. In spite of the perception that women
to individuals for other purposes.should not look to the government for help,
Grants require you to fill out forms, generally on agovernment grants have remained so incredibly
quarterly basis, that tell how much money youhuge that if each of the approximately 8 million
have spent and what you have spent it on, asbusinesses applied for an equal share, they would
well as how you are progressing on the work youeach receive over $70,000 in free grant money.
promised to do.Scholarships-
Business-You will find many diverse educational grant
Even though many publications and talk showsprograms in FREE databases, directories and
publicize grants to small businesses, there is onlyresources.