If youre frustrated by the conflicting and inaccurate information youve found regarding grant money for a small business, then dont worry. This article is your best source for the most accurate and up to date data. Read on and find out why!
Many people today searching for small business grant money to start their own for profit business assume that grants are nothing more than free money. Well, sorry to be the bearer of bad news but small business grant money is hardly free money at all. In fact, these grants are more like contracts with their own set of obligations and restrictions that you must comply with or risk suffering sanctions imposed by your funding resource.
In the case of government grants, the rules are even stricter. One of the first places that people often turn to is the Catalog of Federal Domestic Assistance, which is where all listings of government grants approved by Congress are announced. The problem with this resource is that there are very few programs available for small businesses.
These grants are usually awarded to deserving individuals or nonprofit organizations having some community-based project in mind. Rarely will you find a...
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