Grants for Businesses
Published July 25, 2013
Contrary to information we receive from late night television and disreputable sales and seminars, there is no free money to start a for profit business. If you are in need of locating start up financing for your business please review the Business Librarian's research page.
There are, however, some nontraditional options available. Nonprofit microfinance organizations like ACCION USA work worldwide to provide opportunity to small entrepreneurs who cannot access bank loans. Microloans are typically much smaller than bank loans, and are generally made to small business owners with fewer than 5 employees.
Another way to help out a new business is to contract with the federal government. Do you have services or materials that might be of use to the federal government? There are numerous opportunities available through SBIR and FedBizOpps.gov.
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