Look to Your State for a Small Business Grant

A Home Business Article Contributed by Elizabeth Fox-Wise

Small Business Grants are Closer Than You Think.

As a matter of fact, the small business grant you need to start or expand your small business may be available right in your own home state.

While there are still no direct small business grants available through the federal government, many state development agencies now offer direct small business grants as well as other types of financial assistance designed to encourage and assist entrepreneurs in starting, expanding and maintaining a small business.

Although they do not offer small business grants, the federal government does, through the SBA, offer an assortment of very attractive loans to start or expand a small business.

What is a Grant for Small Business?

All U.S residents and citizens 18 years old and up and up can apply for a Grant.

There are currently over 1, 400 Federal Programs, 24, 000 State Programs, 30, 000 Private Foundations and 20, 000 Scholarship Grant Programs available.

This year over $30 Billion Dollars In Free Government Grants Money will be given away by Government Grants Agencies.

Any body thinking about going into small business for themselves, or wanting to expand an existing small business should consider seeking a small business grant from their State Government.

If you do not have any luck finding a State Small Business Grant or Federal Small Business financial assistance, for which you are qualified, don't give up. Millions of dollars of Small Business Grant Money is also available through the private sector.

Each Year the US Government and Private Foundations disperse billions of dollars to individuals/companies to start a small business or expand an existing small business.

Many businesses are already taking advantage of this available grant money. Did you know that Amazon.com, Ameritrade and Ritz Camera all received government grants to start or expand their businesses?

Why is a Small Business Grant More Desirable Than a Small Business Loan?

Primarily because unlike a loan, grant money does not every have to be paid back!

Furthermore, there are no special requirements, no collateral is required and no credit check is conducted. You can even apply even if you have a bankruptcy or bad credit rating.

Once the money has been awarded, it is yours to keep and you never need to pay it back!

It is shocking that people living right here in the United States of America wouldn't know that there are so many grants available for small business.

With an economy that remains unpredictable, and a need for even greater economic development , the government is willing to give you the money you need to own your own small business and become your own boss.

These Government Grants are Funded from Your Tax Dollars.

Finding an applying for these grants though can sometimes be like looking for the proverbial needle in the haystack. Choosing the right guide or software can direct you to all applicable grants and can guide you through the process of obtaining a grant for your Small Business. You may need to pay a small fee and join one of the grant finder programs. Your small investment may bring very large returns!