If you are one of those people who have big plans and idea, who are sure that their business plan is excellent and they can succeed in it, then you are reading the right article. Free grant money can be the best source of finances to help start all up. That is of course, if you are not possessing a good financial background to support your plan.
The Government is open to these business proposals and offers interest-free grants and loans and consultants.
These business grants are always given to the best business plans there are, and if the reports are detailed, you get more chances in getting a grant. The grants are available to new business starters and also to existing and experienced business owners. There are even money offered to women or minorities to start their own business or a grant which is meant to be spent for getting the office ready. This means buying desks, materials and everything else a fully prepared office needs.
There are many places where you can find information on free business grants and how to apply for them. The Catalog of Federal Domestic Assistance is offering all the information you need about the grants and how to get them. The Federal Register can help you in keeping track of all the grants, old and new. FedBizOpps is a great place to visit if you’re planning on applying for a business grant, because every agency must give information about business grants through FedBizOpps. Another good and useful place is the web site of the US Government, where you know that all the information that you are going to find is trustworthy.
The CFDA (Catalog of Federal Domestic Assistance) provides lists with the grants and information about them. According to the Federal Law, the Government and the agencies must provide free grants which go up to 1 trillion dollars. And when it comes to foundations and organizations, they have to give 5% of their market value as grants, because otherwise they risk losing their tax exemptions. This is a smart move for big companies and corporations which give away money as grants and avoid paying taxes. Note that many of the grants can be restricted and limited in a way. This means they can be just for some particular business connected with something, or maybe they can be just for a special group of people.