How to Find and Apply for Small Business Grants

A simple search of the Internet will produce a wide assortment of grant funding opportunities. There are state and local organizations that want to help small business owners succeed in their entrepreneurial start-ups. However, caution is advised. Do not believe every opportunity you see. There are many scammers out there who would like nothing better than to take the money right out of your hands during a time when you need the finances most.

According the U.S. Department of Health and Human Services, a genuine online resource that serves as “a central storehouse for information on over 1,000 grant programs and provides access to approximately $400 billion in annual awards” is Grants.gov. Although this site does not exclusively include small business grants, there are valid opportunities available.






Women business owners may find the grants that they are seeking finances for through several web sites that are excellent grant resources. There, women entrepreneurs can access various grant opportunities both state by state, as well as by specific diverse group. The funds could either aid in the start up costs of a new business or help a business currently in operation to fund a new program.

Here are 5 great ways to find what opportunities are available to you:

1) Check With Your Local Government Agencies. Many cities, counties, and states give away money to local businesses. Why? Because they want you to create jobs and more tax revenue. Many times they won't highly publicize these opportunities, but it's in your best interest to give them a call and/or search their web sites.

2) Check With Federal Government Agencies. The federal government doesn't give grants directly to businesses, but they do give money to foundations who in turn can give money to small businesses. The federal agency in charge of this is the Grants Program Management Office, and all of their opportunities are listed publicly online.

3) Check With Major Corporations. Nearly every major corporation in this country has a foundation that gives away grants to enhance communities, and many of these are grants to start or expand a business. Start by checking first with big companies that are headquartered in our city or state.

4) Search The Internet. Use Google, Yahoo and Bing to conduct a search using the term "business grants". You can even throw in the name of your city, county, state, etc. Carefully review the results, and look for web sites that other web sites are linked to. Doing so, will help you to find opportunities that may be casually listed on a blog or some type of directory. You may even come across a recent news article about a new opportunity.

5) Ask Around. When attending professional networking functions and social mixers, never hesitate to ask people that you meet about new opportunities. Many times, small business grants are given away to people who happen to be in the right place at the right time. Never underestimate the importance of creating a relationship with a power player and his/her associates.

6) Visit Your Local Library. Contrary to popular belief, libraries are still an excellent resource and store a lot of information that is not accessible in other places. Go to your library as soon possible; look for grant books and directories and ask specific questions to your librarian. You'll be surprised what you can find.