A short primer for understanding the world of small business grants If someone promises to give you free money, then you know it’s probably a big scam. That, however, isn’t the case if you end up getting a small business grant for boosting the growth of your small business. A business grant is essentially free money – that means if you get a business grant for your small business, you won’t have to pay even a single buck back to the funder. As a small business owner, you may be hard-pressed to find legit funding sources for starting, growing, and sustaining your business. Which is why, there are small business grants that’ll help your enterprise power through some tough financial times. First of all, let’s give you a short intro about what these grants are.
Small business grants at a glance When you get a small business grant, you don’t have to pay it back. It’s as simple as that. The grant money is doled out by a number of organizations including local, county, state, and federal corporations. Sometimes, the grant money is also given by private foundations. So, it’s best to keep your eyes peeled for the latest and greatest small business grant options available on the US market for entrepreneurs like you. Well, that means a business grant is essentially free money that’ll fuel the growth of your establishment. But just because small business grants give free money, the competition is also super intense. To make