Small Business and Government Grants

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					In a highly competitive world where the scope of employment is dwindling
pretty consistently, the most plausible alternative is small business
that offers the scope of self employment. However, for most budding
entrepreneurs the problem is that of getting the capital for running the
business. Good news for such people is that the federal government has
been providing resources in form of Government Grants for starting a
business.

Learning about the Programs

It would be good for the prospective entrepreneurs to learn about the
government grants for starting a business that are available for them.
One of the programs is the Federal and State technology partnership
program. Objective of this program is to boost as well as strengthen the
technological capabilities and competitive vigor of the small business
enterprises across the country.

Value Added Producer Grants

Another program that could come up very handy for the small enterprises
is the value added producer grants program. Basic features of the program
are as follows.

    * It is geared towards helping independent producers of agricultural
commodities.
    * Target groups for the program are the agricultural producer groups,
majority controlled producer based business enterprises, farmers and
ranchers cooperatives, and other community small business enterprises.
    * Main objectives of the program is to create adequate marketing
opportunities as well as to establish efficient business plans that will
involve viable marketing opportunities for the small entrepreneurs; and
    * Involvement of production of bio-based products from the agro based
commodities.

Other Grants for Small Business In order to facilitate government grants
for starting a business, the United States Small Business Administration
or SBA was created in the year 1953. It was an independent agency that
worked to help small businesses offering aids, counseling, assistance, as
well as protection. Another major objective of the concern is to preserve
free competitive enterprises in order to maintain as well as strengthen
the overall economy of the nation. Most of the programs of the SBA are
carried out through the state agencies and they include grants, loans, as
well as counseling programs.

Major SBA Programs

While the government grants for starting a business varies from state to
state, the SBA has initiated some common programs. Major programs among
them are the followings.

    * Business Development Program that aims to foster the ownership of
business by such individuals who are either socially or economically
disadvantages. The objective of the program does not end up with giving
grants alone but also promoting the competitive viability of the firms by
providing assistances for business development to them.
    * Technical Assistance Program aims at providing business development
assistance and grants to the socially and economically disadvantaged
enterprises. Grants and cooperative agreements are provided under the
guidance of SBA for such small business organizations.
    * Disaster assistance loans are provided by the SBA to victims of
declared disasters or for uninsured as well as uncompensated physical
disasters faced by the business organizations.

Various other government grants for starting a business like the
procurement assistance to small businesses, small business investment
grants; loan guarantees; and surety bond guarantees are also there. If an
enterprise is trying to live up in conformity with the law of the land,
there is no reason why it will not get the desired government grants to
start a business.

Looking for small business grants with no money and bad credit? Learn how
to get free government grants that you never have to pay back!

				
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