Localfund.com - All about Fund and Investment
*Home>>>Business Debt

What is the best way to receive a state grant to pay off all my debts in order to start a small business?


I only need info on state or county grant monies available. In Hillsborough County, Florida.

you got some replies but here's some great reading, might take you a while though:
http://credit-cards.ebookorama.com
http://finance.ebookorama.com
http://credit.ebookorama.com
http://credit-repair.ebookorama.com
if you get any luck please don't forget about me lol, hope it helped you!

Enterprise Florida's page on Access to Capital includes a section on where to find grants http://www.eflorida.com/financialadvanta... -- and they refer you to CFDA and Grants.gov

You can go to the Catalog of Federal Domestic Assistance (CFDA) http://www.cfda.gov and Grants.gov http://www.grants.gov - these are two FREE sites created by the federal government to provide transparency and information on grants. Browse through the listings and see if you can find any grant that would support your purposes.

Even if you buy books on "how to get grants" or list that supposedly has information on grants -- all of them are mere rehash of what CFDA has, albeit packaged differently.

Note though that these grants generally support non-profit organizations, intermediary lending institutions, and state and local governments. Most of the federal grants are given to specific target groups with specific requirements (e.g. minority business owners involved in transportation related contracts emanating from DOT - Grant#20.905 Disadvantaged Business Enterprises Short Term Lending Program. Individuals especially for personal purposes are not eligible for federal grants.

Grants are also often given to non profit groups or organizations involved in training or other similar activities (grant 59.043 Women's Business Ownership Assistance that are given to those who will create women's business center that will train women entrepreneurs

The government is NOT in the business of giving away free money for the sake of giving away money. There are no grants for paying bills, for getting out of debt or for buying a car. Grants are free, but it means OBLIGATION. You will be obligated to do as the grant sets out to do. Grants have objectives, and your purpose must fit the objective of the grant.

For one, you have to write the grant application and the grant application is not a simple document - you have to explain how your purpose for applying for the grant fits well with the objectives set out by the grant. Grants have objectives, and the grant applications that best captures the grant's objectives are approved.

There is a stringent review process through a committee composed of federal employees and selected experts in the field. You will compete with other applicants for the grant money, and this grant review committee will evaluate the merits of each proposal. Only those that they feel exemplifies the objective of the grant will be approved.

quit looking for hand-outs. get a job.

Tags
  Capital Investment   Business Investment   Business financing   Business Invest   Business Debt   Bond Investment   Angel Funds   Alternative Investment
Related information
  • What are the ramifications of bankruptcy. I have a business that I can no longer afford to keep afloat.?

    Are you 100% certain your business is no longer viable? Maybe there's something you have overlooked? What kind of business is it? Sorry about all of the questions but I believe bankruptcy c...

  • Selling my business - corporation and CGT tax ?

    It depends how you sell the business. If you can persuade the purchaser to take over your company by buying your shares then you will only be subject to CGT on the sale. Assuming the debts of 拢...

  • Debt buyer / note broker / debt collector / debt broker / INFO PLEASE?

    I recommend you start small; I know where you can purchase a small portfolio of Providian credit card debt for about 1 cent on the dollar meaning about $50,000 in chargeoffs for about $500. Email ...

  • How does the federal income tax structure impact a businesses decision to finance with use of debt vs. equity?

    This sounds like a homework question. If you're using a leveraging formula, you need to take the tax rate into account along with the interest on the debt in order to have return on assets ...

  • How do you get a lien lifted off property when the company is no longer in business?

    I would initiate a lawsuit against company, for SLANDER OF TITLE. That would force them to come to court to validate this lien which is called a mechanical lien or contractor's lien. If they d...

  • I own a corporation in California, and i owe payroll and federal taxes.Is there any way to negotiate the debt?

    sure, go to IRS.gov/resolution, or call the toll-free # in the phone book....just have to file some papers, don't be afraid to ask...it's not asking or answering that will get you in more...

  • With all the Gov. Money out there, How can I get the goverment to help me with debt relief?

    All that government money out there is my tax dollars so what you're basically saying is you want me to pay your bills??? I've worked hard too. I pay my taxes AND my bills.

    ...
  • In NSW business partnership law, is each partner liable for 100% of debts?

    That is correct. Partners in all partnership - not just NSW are jointly and severally liable.

    ...
  •  

    Categories--Copyright/IP Policy--Contact Webmaster