Are Government Grants for Home Business Real?
So, you are thinking about starting a business, but you have no money. What do you do? Get a free, easy government grant. It sounds good, but there's a catch. For the most part, these claims, seen all over television and the internet are usually false. Before you buy information on grants, read below!
Browsing the internet or trolling through the television stations, you may come across many ads that claim buying their video, audio, or paperwork package will give you information to obtain "free" government money. These websites always want you to pay a pretty penny, anywhere from $30 to $50, for bogus information. Not that the government does not offer grants, it's just that most of the money goes to non-profits that give advice and services to small businesses. They don't generally dole out millions to just anybody!
The rumor of free government money continues for many reasons. Conniving people set up shop to take your money by selling these books/CDs/DVDs at high prices. The product you buy ends up being little more than a list of government numbers. Calling them won?t help, as they will tell you they don?t offer such things. Perhaps the book tells you this is what they?ll say; keep trying, the book advises you. No matter how much you persist, the person who answers the phone cannot make the money appear! Be wary of anything that advertises ?free? anything, especially money!
Another reason rumors about government grants for home business persists is the number of people who wish it were true. Wishing something true will not make it so. These predators prey on people who take these promises for granted. The internet adds to the dilemma by giving them a place to set up shop. These factors combine and the machine keeps rolling, causing distress to millions as they struggle to get these ?easy? government grants.
Existing governmet grants for business are usually aimed at research. They're never easy to get. The Small Business Administration administers a program named the Small Business Innovative Research grant. If you are a scientist interested in researchin some new field of technology, you can apply. It is not an option for most people.
Another legitimate opportunity to benefit from government grants for business is through a block grant. Block grants are given to spur economic development in certain areas. To get them, you have to show you can provide jobs in the community. Another route is to look to private foundations which are sometimes given government grants to help small businesses.
Government business loans are usually offered. However, since loans must be paid back, with interest, they are not for everybody. Before resorting to a loan, you must ensure that no matter what happens with the business that you can pay it back. Think long and hard before accepting loans.
Starting a business can be hard. The dream of easy money through government grants for home business certainly is understandable. Unfortunately, there are bad people who will exploit this dream for their own profit. If you want real information, visit the SBA website. Always be on guard when people advertise government grants for home business!
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