Month: June 2010

Minority Grants for Personal Use and Small Business

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.

Minority Grants

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.

Small Business Grants for Women Starting a New Business

Small Business Grants for Women Starting a New Business

If you as a woman own 51% or more of your business or business start up it is considered a woman-owned business and as such qualifies you for a variety of small business grants for women. The beauty of going this route instead of the more well known bank loan or finding willing investors route is the simple fact that business grants do not need to be repaid.

This of course helps relieve the stress of paying back that loan or the group of investors that fronted you the money to get your business off the ground. Being able to concentrate solely on your business without worrying about cash flow is a sure fire way to ensure its success.

This is important when you consider that the vast majority of small business start-ups are being done by women every year. Not only that but women are also 75% more likely to succeed in their business venture then men are. Because of this there are more and more resources becoming available for the woman who starts or owns her own business. Everything from small business grants and loans to free business plan help and tax strategies can be had for any woman in business.

When considering getting grants for women owned businesses there are four things that can make the process quicker and easier.

1. Create a workable business plan – This can be the most important part of any new business start-up. In fact most grant applications require a business plan so that the grantors can make an informed decision as to who receives a grant and who doesn’t.

2. Grant research – There are literally thousands of government and private grants available to women business owners. Some are for specific areas of business while others are more general. It is also important to find out what the requirements for each grant you may be interested are.

3. Hire a professional – Finding an accountant or lawyer who is familiar with the grant request and application process can greatly increase the chances of success. They can help with everything from building the business plan to double checking all the paper work before it is submitted to the granting agency.

4. The internet – There are many websites that help the woman grant seeker find the grant or grants that she is looking for. They also provide an abundance of information on successfully applying for the different grants that they track. These sites can be a great resource for the woman trying to start a new business.

Finding small business grants for women can be done quickly and easily on the internet. To successfully apply for those same grants will take some time and effort but the payoff is well worth it when you consider that the government and private organizations are giving away billions of dollars every year.

Minority Grants

To learn more about finding and applying for small business grants for women please click here.

More Business Grants For Women Articles

5 Important Things While Applying For Business Grants For Women

5 Important Things While Applying For Business Grants For Women

Do you own a small business? Are you looking at funding your business? If yes, you can apply for business grants meant for women. If you desire to expand your small business and need funds, don’t look any further. Government grants are your solution. They are free, which means you do not have to re-pay the money. It is free money, meant to support enterprising women. Though grants for woman are the best means of pumping funds in your business, not many people are successful in receiving grants. The problem lies with their grant application. In spite of having a genuine requirement, people do not write good applications and miss this opportunity. Here, we give a skinny on some of the best ways of writing grant applications.

 

*  Cover Letter – The first step to a good grant proposal is the cover letter. It gives an idea about your requirements and is the key to your success. A good cover letter is like the ‘title’ of a book. A catchy title attracts readers. Similarly, a well-drafted cover letter induces the reader to look into your proposal. Keep the cover letter short and crisp; do not stuff it with too much information. Type it neatly, without any spelling, grammatical or typographical errors. Print the cover letter on your company’s letterhead if you have one. So, get your first step right by creating an attractive cover letter.

*  Summary – Along with the cover letter, the summary of your proposal also plays an important role. When applying for business grants for women, you must write an attention-grabbing summary. Pick up points from your proposal and highlight them in the summary of your proposal.

*  The 3 C’s – Complete, clear and correct, these are the three C’s of good grant writing. The information you provide should be complete in all aspects. Fulfill all the requirements while applying for a grant. Not just that, the information should be correct, do not fudge any details, be honest about your requirements.  Moreover, do not give a ballpark figure about the estimates, give proper statistics/numbers. The evaluator will appreciate precise and clear information.

*  Review – Proof read your grant proposal, in fact read several times. Be meticulous with details and get your proposal reviewed by a third person. Ensure that the reviewer is not related to your business and is not a part of your proposal writing. You need an unbiased opinion.  Your business grants for women will be successful when written well with care and thought.

*  Follow the rules – There are certain rules and regulations while applying for a grant. Follow them properly and do not deviate from the instructions while filling the application. If you don’t stick to the rules, chances are, your proposal might get rejected.

 

Keep these simple tips in mind while writing an application for business grants for women and you can be assured of success. Most of the proposals are rejected due to an inappropriate application. If writing a proposal on your own seems to be a bit difficult, you can hire the services of a professional.

Do you own a small business? Are you looking at funding your business? If yes, you can apply for business grants meant for women. If you desire to expand your small business and need funds, don’t look any further. Government grants are your solution. They are free, which means you do not have to re-pay the money. It is free money, meant to support enterprising women. Though grants for woman are the best means of pumping funds in your business, not many people are successful in receiving grants. The problem lies with their grant application. In spite of having a genuine requirement, people do not write good applications and miss this opportunity. Here, we give a skinny on some of the best ways of writing grant applications.

 

*  Cover Letter – The first step to a good grant proposal is the cover letter. It gives an idea about your requirements and is the key to your success. A good cover letter is like the ‘title’ of a book. A catchy title attracts readers. Similarly, a well-drafted cover letter induces the reader to look into your proposal. Keep the cover letter short and crisp; do not stuff it with too much information. Type it neatly, without any spelling, grammatical or typographical errors. Print the cover letter on your company’s letterhead if you have one. So, get your first step right by creating an attractive cover letter.

*  Summary – Along with the cover letter, the summary of your proposal also plays an important role. When applying for business grants for women, you must write an attention-grabbing summary. Pick up points from your proposal and highlight them in the summary of your proposal.

*  The 3 C’s – Complete, clear and correct, these are the three C’s of good grant writing. The information you provide should be complete in all aspects. Fulfill all the requirements while applying for a grant. Not just that, the information should be correct, do not fudge any details, be honest about your requirements.  Moreover, do not give a ballpark figure about the estimates, give proper statistics/numbers. The evaluator will appreciate precise and clear information.

*  Review – Proof read your grant proposal, in fact read several times. Be meticulous with details and get your proposal reviewed by a third person. Ensure that the reviewer is not related to your business and is not a part of your proposal writing. You need an unbiased opinion.  Your business grants for women will be successful when written well with care and thought.

*  Follow the rules – There are certain rules and regulations while applying for a grant. Follow them properly and do not deviate from the instructions while filling the application. If you don’t stick to the rules, chances are, your proposal might get rejected.

 

Keep these simple tips in mind while writing an application for business grants for women and you can be assured of success. Most of the proposals are rejected due to an inappropriate application. If writing a proposal on your own seems to be a bit difficult, you can hire the services of a professional.

Minority Grants

Grants for women are very helpful, if you are looking forward to expand your business. Find more information on business grants at our website – www.grantsinterest.com