How to Apply For a Small Business Grant

3 Secrets To Get The Money You Need

Thousands of small business owners, or aspiring entrepreneurs have heard about small business grants, but may have wondered or even asked the question, “How do I apply for a small business grant?”

In this article, I will reveal to you the three secrets you must know when you apply for a grant.

Before I tell you about that however, allow me to address one major concern carried by many business people looking for information about grants. That is, “are grants legitimate, or some big scam perpetrated by some savvy marketing types?

In short, both. There are indeed thousands of grants available to small business owners for starting a business or taking the business you have to the next level.

But, there are also marketers pitching programs that will be very little use to you in getting a grant. This is not to say that all “grant helper” companies are scams. They are not. Some of them are simply better equipped to actually help you get a grant than others.

Finding a reputable company to help you get a grant may actually be a very shrewd step, as such a company already knows what needs to be done, what forms need to be completed, etc. For a few dollars, this may prove to not only be a huge timesaver for you, but may actually mean the difference in getting a grant, or not getting the money you want.

Now, here are the three secrets you must know when you want to apply for a small business grant.

1. Many federal grants are administered at the state level. The Small Business Administration for example, does not give grants directly to small business owners (although they do give loans). They do give grants however, to larger organizations, many of them at the state level, who in turn give local grants (or in some cases, very low interest loans).

It is important to think beyond the federal level when looking for a grant.

2. Have your ducks in a row. This doesn’t mean you need a 500 page business plan, but you should have a basic business plan, wherein you can demonstrate aptitude and an idea that will sell the agency. A good grant development company will help you develop what you need.

3. Apply. That’s a secret?! Well, yes it is. The reason why most grant seekers never find a grant is because they don’t apply.