Free money is given away everyday to anyone thinking about going into business for themselves or trying to expand an already existing business. The Federal Government is responsible and runs grants programs for anyone willing to get it.
The United States government each year provides about $30 billion in free grants and low interest rate loans, $500 billion in procurement contracts and over $30 billion in consulting and research grants. For example take the concern of the world today which is the environment and ecologically friendly products. If you write up a good business plan and approach the government for a grant, you are likely to receive a nice lump sum grant to begin your business all of which does not have to be paid back. Many people do not go this route because they either don’t know about the programs or they do not want to deal with all the “red tape” and bureaucracy that goes with these applications. But if you really think about it, you really have nothing to loose.
There are millions of dollars available from the Federal and the state government. A list of a few programs and how to contact them are as follows, what you should know is that there is available literature over 300 pages long that fully details where and when anyone can receive a grant and the process to go about it.
1)MONEY FOR WOMEN’S ENTERPRISES: Upward of $300,000 grants awarded to business women every year. Contact the Office of Women's Business Ownership, U.S. Small Business Administration, 409 Third Street, SW, Washington, DC 20416.
2)MONEY FOR INVESTORS IN RENTAL PROPERTY: Contact the Chief, Program Support Branch, Management Operations Division, Office of Multi-Family Housing Management, Department of Housing and Development, Washington, DC 20420.
3)MONEY FOR BUSINESSES IN POOR ECONOMIC AREAS: Contact the Economic Adjustment Division, Director, Economic Development Administration, Herbert Hoover Bldg., Rm. H7217, Washington, DC 20230.
4)MONEY FOR MINORITY BUSINESS DEVELOPMENT: Contact the Minority Business Development Agency, Department of Commerce, Washington, DC 20230.
5)MONEY FOR PROPERTY INVESTORS WHO RENT TO ELDERLY OR HANDICAPPED PEOPLE: Contact the Director, Office of Multi-Family Housing Management, Dept. of Housing and Urban Development, Washington, DC 20410
These are just a few of thousands, if you are really serious about any business and you want to receive a grant to help you begin all you have to do is write a very detailed business proposal and find the right information you need, then write them a certified letter, you will get a reply within a few weeks telling you what you need to do. The most important thing is that you should never take no for an answer. If you no one is willing to help you contact your congressman and bother the office until someone pays attention. To learn more about over government programs and how to make initial contact with them log on to http://www.1800aaacredit.com/ .
Thursday, December 21, 2006
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