Question by bttyboop827: Where can I find Minority Business Grants in Florida?
My husband & I are trying to get information on minority (Hispanic) grants to help start up our business in florida. The business is a mortgage brokerage/real estate buisness.
Answer by ms_sokin
Try this, hope it helps! According to the link I attached this is what they had to say in the FAQs. You should go directly to the link though and read through it, it should have some very good info.
How do I get a grant to start my business?
Generally speaking, grants given to business start-ups are very rare. An exception may be for high-tech businesses or businesses producing products that can be used by certain agencies involved in our nation’s defense. Most libraries have a Catalog of Federal Domestic Assistance, which lists the federal grants. The catalog can also be accessed at www.cfda.gov. If you are not starting a high-tech business, your only government funded monetary resource is a business loan.
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Minority Grants – Introduction
Let me show you how to get ,000 Free Government Grant from the US Government as little as 7 days.
The government has been performing it’s responsibility to give back to people what their taxes are worth through providing amenities and infrastructure that will make the lives of every citizen better as much as possible. There are different races that compose the whole citizenry of the country. They vary and most of them are immigrants and those who were born in this country such as the Hispanics, Asians, and Native Americans among others. All of these mentioned and others compose the minority.
Minorities composed the smaller part of the country’s population. Even though they do not comprise the majority yet all of them need care and attention from the government that the majority does enjoy.
In every country, there will always be a minority group and US is of no exception to that. The country has a multicultural population making it much difficult to address every minority’s needs.
However, the government as a way of helping out the minorities is giving out minority grants. These will aid the minority as a whole or in a specific category with regard to their needs and making their lives a lot better. The government grants will ensure that the people from different race or ethnic background will benefit from the amenities given to the majority group as well.
Minority grants may solve some problems for different groups of people. Needs such as health, education, and housing are just few of the many needs that the minorities would want to have.
Minority grant will be approved if such person or group of people will satisfy the requirements needed. There are some minority grants that are only available to American citizens. Therefore, if you are a foreigner who lives in the country and who would want to avail of a minority grant just ask from the proper agency of the government that handles minority grants.
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How to get a minority grant
The government has been giving grants to people for a long time as a way to stimulate not only the economy but also improve the quality of life that people have. There are grants for buying a new home, going to college, and even starting up a new business. So where do minority grants come in? Minority grants were created to specifically help the minorities in the country to succeed and create new opportunities for them. Many minorities are underprivileged and these grants can help them to start better lives for them and their families.
Minority grants also provide money for things such as college and buying a new home, they simply cut down on the amount of competition that a minority would have to face for one of these grants. Minorities must meet certain qualifications for these grants. As an example, Native Americans must be able to present a Certificate of Indian Blood to prove they are Native American and must also belong to a tribe. These qualifications greatly limit the amount of people who can apply, because it is hard to get a CIB, but it provides great opportunities for Native Americans who can prove that they are a minority.
Each grant that is available for minorities will have different requirements that a person has to meet in order to apply for the grant. As an example, a grant might only be for African Americans who are under a certain income bracket looking to buy their first home. Minority grants are set up by various government organizations and they can make the qualifications as broad or specific as they like. People who happen to qualify for grants that fit a certain niche are more likely to get the grant because few people will be able to apply for it.
Some grants will require written documentation that explains what the grant money will be used for. Minority business grants must be used to start a business of improve upon a small business that already exists. A good record needs to be kept of what was spent on the business in case the government organization wants to see it. Home owner grants for minorities don’t necessarily have to go towards payment of the house and can instead be used for home repairs. College grants typically pay for college tuition but can also be used for college living expenses as well. Not all minority grants will demand the grant be used for something specific.
For more information on minority grants
Minority Grants for Personal Use and Small Business
There’s an opportunity to obtain minority grants for your small business or other personal needs. This is money that is provided by the government and other private foundations that never has to be repaid. As long as you use the money for the reason identified on your grant application, it is yours to keep. Get caught spending the money for other purposes, and you could get busted by having to repay the money.
Minority grants are provided as a way to help this demographic succeed in the business world and life in general. Just like there are many laws and regulations for minorities at the workplace and educational institutions, there are separate funds allocated just for minorities to help them reach their financial goals.
Some of the minority grants that are available are provided to help people start a new business, go back to school, or to get out of debt. There are even minority grants that will help you purchase a home and secure a mortgage. All you need to do is search the minority grant database to identify the specific programs that you qualify for, and then simply submit your application. In as little as 7 days you could have the grant funds that you need.
Thousands of dollars can be obtained, and all it takes is your willingness and ability to ask for the money. Your grant application will be reviewed and, if you qualify, a check will be sent to you to use for your personal use. The money is available, but you have to ask for it.
Austin is a serial entrepreneur and personal finance expert author. One of the passions he enjoys is showing people how to obtain free grant money for personal use, their small business, or to help pay off debt. The availability of first time home buyer grants and debt grants alone has allowed thousands of American people fulfill their dreams.