Minority Grants For Small Businesses

Grant Application for Women and Minority Owned Businesses

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Minority grants help small businesses find funds and capital to compete in the business world, create jobs, develop and research new technologies and services, purchase equipment, pay rent, salaries and other start-up and expansion costs. Minority businesses play a large role in job training and creative new jobs. That is why the United States government promotes minority businesses by providing grant monies. There are minority business grants for women, Hispanic Americans, African Americans, Native Americans and disabled persons for all types of business.

The U.S. Department of Commerce is one of the largest government agencies that are in charge of minority business grants. There is a lot of competition for business grants for minorities because the money does not have to be paid like loans. You will need to provide certain information about yourself and your business such as you education, age, type of business, nationality, your driver's license, social security number, business plan and financial information. There are certain requirements and criteria that you must meet in order to receive business grants for minorities. States and municipalities also provide business grants to minority business owners and so do private organizations and corporations.

Areas of Funding

Funders give funds for minority businesses for the following areas:

  • Business start-ups and expansion
  • Real Estate
  • Historical building preservation
  • Energy savings
  • Medical research
  • National security
  • Education
  • Inventions
  • Environment protection and green technology and building

Women Business Grants

Women who are looking for business grants can check the government's grants.gov website as well as the Women Business Centers WBC throughout the nation. Women play a large role in the ownership of businesses. Statistics show that more businesses are started by women, and that women do a better job running businesses. The government encourages women to start new business that promote research and development of new technologies and create more jobs.

Small Business Administration

The U.S. Small Business Administration provides resources for minority business owners as well as small business loans for minority owned businesses to get started, for research, development, job training and technology. The SBA also awards government contracts to many minority owned businesses. For more information about grants and loans, you should visit the Small Business Administration's website.

Minority grants for minority business owners are very popular, and there is always a lot of competition for these free grants that do no have to be repaid. It's recommended that you apply to multiple sources as there is no limit on the amount of grants you can apply for. Check your state and local government websites for opportunities as well as the grants.gov federal government grant website. Be sure to follow all the guidelines carefully and submit the required documents to insure your chances of being awarded grant money for your minority business.

2005-07-15 12:42:53 by get_a_job_for_now

If your looking for a grant to START your biz

It's next to impossible to get a grant. There's a lot of reasons and here are a few....
There aren't a lot of them out there like people claim, most are for specific industries, most require you to be established already, etc etc.
So basically if your a woman or a minority you'll find a grant designed for you but oh wait it requires you to have been established for a year oh wait your established for a year it's only for science related businesses.
Get a job and save up, don't put your hopes and dreams on grants that you will not get. Even if you got a grant through some small miracle you wouldn't get the money for 6 months to a year.

2004-07-13 14:51:46 by Sparky123

Open ended grant requests do not work.

You need to focus on exactly what kind of service you want to provide and then find agencies in need of such services.
Grants are given to SBIR (Small Business Innovation & Research) if you have a real contact with a real government agency looking for the kind of thing you are capable of doing.
Otherwise you must play the role of a business seeking to do business with the government on a purchase order or contract basis.
To do this, you need to be a business (fictitious name Federal Tax Id, etc)You then find a Small Business Development Center in your city and ask them to help you log onto government databases where you will find all city, state and federal agencies asking for quotations on whatever they will be buying

2008-01-17 10:01:18 by Yuma_AZ_only

State Opportunities & Vets Business Workshop

From the Sunday (01/13/08) edition of the Yuma Sun newspaper "Business Glance" section.
See you there?
Small business owners interested in doing business with the state are encouraged to attend a workshop, Business Opportunities and DBE (Arizona Disadvantaged Business Enterprise) Certification.
The free workshop will be held from 5:30 to 8:30 p.m. Friday at the Arizona Western College Entrepreneurial Center, 1351 S. Redondo Center Drive. Sponsors are the Arizona Department of Transportation, Arizona Department of Commerce and the AWC Entrepreneurial Center

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