Wednesday, September 19, 2007

Finding Federal Grants For Small Business

If you're an entrepreneur, the U.S. government provides federal grants for small business in order to help you succeed. If you'd like some help researching and finding federal grants for small businesses then you've come to the right place. Research shows that about 1 million business owners receive small business grants every year. Obtaining federal grants for small business does not depend on any one factor; rather it is a combination of the items listed here along with availability, hard work, and a good grant proposal.

Before you begin writing a federal grant proposal you should identify all of the federal grants for small business that are available to you. The Government's Catalog of Federal Domestic Assistance (CDFA) provides a listing of federal grants for small business and other types of financial assistance. Grant information is available by category, topic and key words. Eligibility requirements are listed for all grants to determine if you qualify for them.

Another source to check out is grant.gov. The website allows you to view grant opportunities from all federal agencies to best determine which federal grants for small business you wish to apply for. It also offers a free sign up for notification of future grant opportunities and as an added bonus has an automated application and approval process.

You can also search the internet for federal grants for small business. Be careful though when taking this route. There have been plenty of fraud cases where people are promised free money just for an application. If you come across a website promising to help you find federal grants for small business make sure to look and see if they back their product with a money back guarantee or free trial period. Any reputable business will have no problem doing this. If they don't move on.

After you have identified the federal grants for small business you wish to apply for you must provide the funding agency with an elaborate and accurate proposal. In this written proposal you need to state your goals and a plan of operation for your business. Furthermore you should be able to come up with a ballpark figure for the amount of money you will need for your activities.

Federal grants for small business are an incentive to business owners and to the national economy. The more small businesses that are started, the more employment will be available. Three out of four new jobs in America are offered by small businesses. In order to preserve the advancement of small businesses, the U.S. government can help by offering federal grants for small business as well as other resources that are needed for a business to grow.

There are millions of unclaimed dollars every year because of a lack of information about federal grants for small business.

If you wish to learn more about federal grants for small business that may be available check out Grant Sources.com

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