• Should your non-profit apply for grants from funds?

    Getting grants is not unusual, especially in the case of non-profits which sometimes get more than 25% of their income from grants from funds. The number and value of the grants depends on the state of the economy. In a rising economy the number of grants will also rise, but that does not mean that in a falling economy you should not explore this opportunity.

    Individual donors offer almost 75% of all the grants for nonprofits while the rest comes from corporations. Corporations, having a larger financial power, give important grants, but also have more requirements to be met by the companies that send an application.

    Going for grants for fund is not only recommended, but might be a requirement if you want your non-profit to survive and the way to do it is through networking. The first place you should start exploring to find grants is your local community. This is a good tactic because you can influence the people in your community and gain their trust. They can see what you do, what your values are and, chances are, that they even worked with you at some point so they are more likely to sustain your cause. Start building credibility and talking directly to a group of supporters who have a lot of influence locally.

    If you built relationship locally and got funding in your area you can go for more valuable national or regional grants from more influential funders.

    One way to find good funders is to rent ready-made databases of such funders. This will save you a lot of time, which you would otherwise spend doing research and you can get introduced much quicker to the people that can actually make the decision of offering the grant. Keep an eye open for newspaper articles that may feature possible funders.

    Is your nonprofit new? Don`t let that limit your possibilities. Most people think that if a nonprofit is new it has few chances of getting grants. The reality is that the size and age of a nonprofit is not always an issue, investors being more interested in the profile of the nonprofit, its ties with the community, its plans and if the managers seem motivated enough to actually put the money to good use.

    If you are still undecided try testing the ground. Small foundations do not always require a big proposal package so you could send a letter of inquiry and ask about the possibility of getting a grant. If they are willing to do it or even slightly interested they will give you a response and tell you what their requirements are and what they expect from you.

    Go ahead and use the power of grants from funds to achieve your goals and do good in this world.

  • Women in Business

    A new business start-up requires a great deal of effort and clearly a lot of planning. There’s the need to develop a plan, devise a blueprint for your plan and finally execute your plan. Oh, there’s another minor detail that you definitely need to consider, the financial means to execute your plan.

    Funding for small businesses is no minor detail and there has to be careful consideration of several factors. In addition, you must calculate start-up capital and how it applies to your overall vision. The process of securing finances can be a bit involved for anyone who starts a business. However, women have a few added options that make the acquisition of finances more encouraging.

    Women are topping the pyramid in new business start-ups. They are moving forward in various industries and heading up productive new businesses all around the globe. Part of the reason for such a rapid growth in women owned businesses is because of the massive number of grants that are available for them to start their own business.

    Women who desire to own their very own business should follow a few simple but necessary steps to secure funding such as grants. Begin by creating a detailed business plan. This is a layout of the financial, marketing and management forecast for at least the initial five years of the business. Be certain to include all of the start-up costs and investment revenue that is necessary to develop a lucrative business.

    You should then allocate a certain amount of time to conduct intensive research in finding any and all available grants. Utilize your online resources, local and state level Women’s Business Organizations and visit any other women’s funding sources as well. During the process of your research, focus on those grants that apply to your particular business needs and select those that you or your circumstances qualify for directly.

    Finally, it’s time to apply for grants that will provide funding for your new or expanding business. Complete all of the applications completely and remain within the restrictions of all deadlines. Proof your grants thoroughly. Mistakes can essentially cost you an approval. It is not a bad idea to have a second pair of eyes review the grant before submission. Once it is completed, send it in and await your approval. You’re on your way to being a successful business woman.

  • Small Business Grants

    Small businesses benefit greatly from grants as they are similar to free money in that they don’t have to be repaid. Generally, grants don’t require payback from the recipient which is a distinctive difference between grants and other funding such as loans. New entrepreneurs and small businesses have several available sources for grants. Private enterprises benefit greatly from these sources as well.

    There is no availability of grant funding from the federal government for small enterprises. However, there are available options from the local and state sector. These grants come in the form of financial aid programs that may be applied for through beginning with the development of economics in your state. This is an updated listing of local and abroad agencies as well that supply funding.

    Many people aren’t aware that the U.S. government offers special funding for small businesses that are qualified. These type grants are available for businesses that target the development of green products or research for health related industries. There are a series of generalized search options available for federal monies through U. S. government websites.

    Small businesses require a significant financial investment and the funds aren’t always available at the start of the business. Therefore, many new business owners seek options of obtaining additional funding from sources that won’t require an immediate repayment or when possible any repayment at all. Grants are an ideal solution.

    Make grant finding an active part of your business start-up plan. Set aside a certain amount of time each day to research grants that cater to your industry of business. Apply for every possible option and be certain to seek expert advice on your grant proposal. Agencies that issue these grants strongly considering offering grants to those businesses who submitted validated applications and proposals and correctly entered all requested information.

    It is imperative that upon receipt of any type of grant, that the funds are used for the purpose of which it was granted. Reflection of positive growth due to the funds obtained in the grant can likely help the business to qualify for other funding in the future. Small businesses that utilize grant funding are afforded opportunities to expand or repair their businesses whenever needed.

  • Qualifying for Small Business Grants

    There are millions and millions of U.S dollars available for individuals who desire to start a small business of their own. Government programs as well as private entities make these monies available in the form of grants.

    Many grants made available for small businesses are created as somewhat of a motivational tool. The idea is to create a sense of desire for entrepreneurs to move forward and start a business of their own. It is also an effective tool used to encourage expansion of existing small businesses. There are several sources available to help you to determine if you or your small business qualifies for a grant.

    The greatest benefit of the grants for small businesses is that there is no requirement to pay them back. This presents an inspiring sense of direction for any start-up business or small business in need of expansion. The opportunity to build or grow their business with free money is a positive influence from any point of view.

    There is a sense of hope from the government that the growth and production of small businesses will give the economy the nourishment it needs. Annual government downsizings and cutbacks that are experienced still manage to have economic growth as the force point of the curve. There is a great deal of money available in the grants that are awarded by the government and qualifying for those grants is all that needs to be done.

    There are a few qualifying factors that could put you in line for a small business grants. Minorities can qualify for grants because of the fact that they are a part of a minority. There are a few age appropriate grants that target people in a certain age group. One of those age criteria is geared towards seniors over the age of 60 or 65 who want to start their own business. You may be surprised to learn how many grants are available for people with bad credit ratings!

    This is only a portion of the circumstances of which grant funding targets. The first step in qualifying is of course in locating these grants. Find out which ones apply to your specific situation and unique condition. Search the state and local level to begin your application process.

  • Motivational Funding

    How many times have you said to yourself that you would love to start your own business or return to school? What about the possibility of contributing to research opportunities in your career field such as medicine or education? There has been an abundance of thought put into it I’m sure but what will it take to motivate you to put those thoughts into action? For many, the answer to this question may be time, resources or other factors. However, the largest motivation to get up and get moving will come if the money is available.

    Money is a major motivator for those looking to begin ventures such as education, new businesses and research. This motivational tool becomes even greater when the money is available for free. Yes! Money that doesn’t have to be repaid will definitely stimulate most people to get up and get moving towards their goals.

    That’s exactly why grants are considered major means of motivation. They allow individuals to acquire funding for research, education and start-up businesses without and investment of their own as well as no need to repay the funds. This is typically the type of motivation that many individuals need to make the move towards successful endeavors.

    One of the most beneficial factors of applying for grants is the fact that there is an ease of the application process. They are easily accessed once they are located and plentiful to say the least. It is understood that if there is too much of a hassle in the process of applying, many people will become frustrated and not complete the process correctly and some not at all.

    Classes and seminars are often available to make the availability of grants known to many. Some people don’t apply simply because they don’t know that these funds are out there. Once word gets out, it begins to spread and it becomes a motivational rally. Everyone becomes motivated to do the things they never thought possible but now made possible through grants. Grant funding is meant to inspire and motivate the wants and desires of individuals to grow in research, education and other areas as well.