Where can I get a grant to start my business?

grant money

Have you ever wanted to know if you could get a grant from the government to start your own business?

Wouldn’t that just be awesome…

It’s like getting FREE money to do with as you please.

Now for a real dose of reality.

Although grants are certainly possible for a numerous amount of great causes, none of those causes are for helping you start your business.

Typically what you will find when it comes to getting a grant is that they are usually for non-profit types of businesses that have a very specific purpose and will most often have a list of requirements that have to be met before the grant is given.

They are usually never given to individuals who want to do their own startup and who most definitely who do not have a track record of success.

And yes, I do know that there are info-mercials and books that try to lure you in with the thought that you can get a grant for whatever business you might choose, however the fact of the matter is that what these guys are doing is zeroing in on you being desperate. The desperate mind will often toss out logic when an idea is presented to you.

Where the rational mind will be more likely to use logic to rule out the idea.

Now there are situations where getting a grant for your business is certainly possible.

I know…just a few moments ago I said that it wasn’t possible. But read on to find out how.

And that is if your business is a non-profit type or one of the ideas that the government has listed as being one where they will issue a grant.

Besides those that I just mentioned, getting a grant for your business is less likely to happen.

If you are really strapped for cash at the start then I would recommend that you look at different alternatives. One being crowdsourcing.

Now there is a good chance that you may have heard of the site kickstarter.com. They are one of the leading crowdsourcing sites in the business.

However, I prefer the site indiegogo.com.

Why?

Well they have a simple quirk in their system. And because of that quirk your dream of running your own business can become true.

What’s the quirk you ask?

How about an example.

Let’s say that you want to start your own clothing business.

And you’ve determined that you will need let’s say $5000 smackers to get you going.

Where if you were using kickstarter and you began to raise funds for your goal. If you came up short, then you don’t receive anything. It’s back to the drawing board.

Now compare that to indiegogo.

For the same campaign if you came up short. whatever the amount that you were able to raise you would actually get to keep and use towards building your business.

Much, much different.

Anyhow…

Your turn:

What do you think about grants? do you run a non-profit business? If so, how do you deal with grants.

photo credit: yomanimus via photopin cc

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