Minority Business Grants

minority business grants
minority business grants

Business Grant Money Information

A successful business often starts with a single idea. Then, with a little help from outside financial resource, this idea is later turned to reality. See the trend here? While we’re not saying that money can make the world go round, it can do a lot of unusual feats, like turning your ideas into dollars, for instance.

But then, there lies a problem. How many bright ideas do you think have people come up with? A thousand? And out of all that, how many of them had been turned into successful business enterprises? Ten? Twenty? Thats because the person who came up with the idea doesnt have the financial means to make his idea work.

Now, what if we told you that there is a way for you to finance your dreams? No, we’re not talking about loans. We’re talking about business grant money.

Unlike a loan, a business grant does not require you to pay back the amount. In fact, thats the reason why many people refer to it as free money because it is, technically, free, though there may be obligations and sanctions imposed.

The great thing about business grants is that it is out there. It exists, though you may have to dig deep to find one that suits you perfectly. And when it comes to federally funded grant money, you may have to dig a bit deeper than usual.

You see, while many private institutions and nonprofit groups offer business grants to enterprising individuals, the real money (a hefty chunk of it, in fact) often comes from government.

Congress allocates about $67 million in business grant money to be distributed to the 57 federal agencies all over the United States. For a simple street-paving project proposal, you may get awarded something around $1,000 – $25,000 in grants.

The only requirement that the federal government imposes is that your business project must be beneficial to the local community or the general public. A search through the Catalog of Federal Domestic Assistance (CFDA) will lead you to two types of business grants: one for rural businesses and one for minority business enterprises.

For a rural business grant, the purpose is to promote sustainable economic development in rural communities with exceptional needs. Since the program gives a strong emphasis on helping existing businesses grow, eligible applications for the grant money for starting a business are public entities and nonprofit corporations that may in turn award money to the residents they serve.

Other eligible applicants for the money for starting a business include Indian tribes on Federal or State reservations or other Federally recognized tribal groups, and cooperatives with members that are primarily rural residents and that conduct activities for the mutual benefit of the members.

On the other hand, minority business grants offered at CFDA is aimed at fostering new minority business enterprises and maintaining and strengthening existing firms to increase their opportunities to participate and receive benefits of our economic system.

Applications eligible for this program for grant money for starting a business are Federal, State or local government entities or quasi governmental entities, American Indian Tribes, colleges, universities, nonprofit organizations, and for project organizations.

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Does anyone know where I can find information about minority grants.?

I am in need of 25k to start my own business. Can someone point me in the right direction, all the websites I went to you have to pay money. I need precise information (ex: FREE website, a good book on MINORITY BUSINESS GRANTS).
THANKS FOR YOUR TIME

If you are in the US, there are no minority grants to help start a business. There are loan programs for minorities as well as the 8A certification program that will allow minorities to compete better in the government contracting process.

It is hard to find grants to start a business — whether you are a minority or not, a male or female. Unlike the myths that some perpetuate, federal government and even private foundations hardly give grant money for a for-profit business.

Nonetheless, you can go to the Catalog of Federal Domestic Assistance (CFDA) http://www.cfda.gov and Grants.gov http://www.grants.gov – these are two sites created by the federal government to provide transparency and information on grants. Browse through the listings and see if you can find any grant that would support a for-profit venture.

Even if you buy books on “how to get grants” or list that supposedly has information on grants — all of them are mere rehash of what CFDA has, albeit packaged differently. But still the info is the same – hardly any grants for starting a for profit business.

Even SBA does NOT give out grants. From the SBA website http://www.sba.gov/expanding/grants.html…

“The U.S. small business Administration does not offer grants to start or expand small businesses, although it does offer a wide variety of loan programs. (See http://www.sba.gov/financing for more information) While SBA does offer some grant programs, these are generally designed to expand and enhance organizations that provide small business management, technical, or financial assistance. These grants generally support non-profit organizations, intermediary lending institutions, and state and local governments.”

Here is a listing of federal grants for small businesses. See if there is any available for individuals for starting a business — THERE’S NONE.
http://12.46.245.173/pls/portal30/CATALOG.BROWSE_BENEF_RPT.show

Most of the federal grants are given to specific target groups with specific requirements (e.g. minority business owners involved in transportation related contracts emanating from DOT – Grant#20.905 Disadvantaged Business Enterprises Short Term Lending Program

Grants are also often given to non profit groups or organizations involved in training or other similar activities (grant 59.043 Women’s business ownership Assistance that are given to those who will create women’s business center that will train women entrepreneurs

For private grants, you may want to check the Foundation Center’s Foundation Grants for Individuals Online. It’s a subscription based website ($9.95 per month) but their opening blurb only says that the database is ideal for “students, artists, academic researchers, libraries and financial aid offices.” Entrepreneurs are apparently not one of them, so I take it they also don’t have listings of private foundations who give grants to would-be entrepreneurs.


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Partners in name only? With the Department of Homeland Security awarding multimillion-dollar grants, minority-serving institutions are positioning ... from: Black Issues in Higher Education


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Located in Grants, Red Lion Hotel Grants is in the suburbs. Hotel Features. Red Lion Hotel Grants’s restaurant serves breakfast and dinner. A poolside bar and a bar/lounge are open for drinks. Room service is available during limited hours. The hotel serves a complimentary breakfast. Recreational amenities include an indoor pool, a spa tub, a sauna, and a fitness facility. Wireless Internet access is available in public areas. This Grants property has event space consisting of banquet facilities, conference/meeting rooms, and a ballroom. Business services and wedding services are available. Guest parking is complimentary. Additional property amenities include an arcade/game room, multilingual staff, and gift shops/newsstands. Guestrooms. 126 air conditioned guestrooms at Red Lion Hotel Grants feature coffee/tea makers and blackout drapes/curtains. Bathrooms feature complimentary toiletries and hair dryers. Wireless Internet access is available. Premium satellite television is provided. Rooms also include irons/ironing boards and clock radios. Guests may request refrigerators and wake up calls. Housekeeping is available daily. Notifications and Fees:The following fees and deposits are charged by the property at time of service, check in, or check out. Pet fee: USD 15.00 per room, per stayLate check out fee: USD 25.00 The above list may not be comprehensive. Fees and deposits may not include tax and are subject to change. Notifications and Fees:The following fees and deposits are charged by the property at time of service, check in, or check out. Pet fee: USD 15.00 per room, per stayLate check out fee: USD 25.00 The above list may not be comprehensive. Fees and deposits may not include tax and are subject to change.

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Quality Inn & Suites Grants is located in Grants. Hotel Features. Recreational amenities include an indoor pool, a spa tub, and a fitness facility. This hotel offers small meeting rooms and business services. Complimentary wireless Internet access is available in public areas. The hotel serves a complimentary continental breakfast. Guest parking is complimentary. Additional property amenities include multilingual staff and laundry facilities. Guestrooms. 58 air conditioned guestrooms at Quality Inn & Suites Grants feature coffee/tea makers and windows that open. Accommodations include refrigerators and microwaves. Wireless Internet access is complimentary. In addition to desks, guestrooms offer direct dial phones as well as free local calls (restrictions may apply). Satellite television is provided. Also included are hair dryers and irons/ironing boards. Housekeeping is available daily. Notifications and Fees:The following fees and deposits are charged by the property at time of service, check in, or check out. Pet fee: USD 20 per night The above list may not be comprehensive. Fees and deposits may not include tax and are subject to change. Notifications and Fees:The following fees and deposits are charged by the property at time of service, check in, or check out. Pet fee: USD 20 per night The above list may not be comprehensive. Fees and deposits may not include tax and are subject to change.

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Shilo Inn Grants Pass is located in Grants Pass. Hotel Features. Recreational amenities include a sauna and a steam room. This hotel offers small meeting rooms and business services. Complimentary wireless Internet access is available in public areas and the hotel has a computer station. The hotel serves a complimentary continental breakfast. The property has a roundtrip airport shuttle, which is complimentary. Guest parking is complimentary. Additional property amenities include express check out. This is a smoke free property. Guestrooms. 70 air conditioned guestrooms at Shilo Inn Grants Pass feature coffee/tea makers and windows that open. Bathrooms feature complimentary toiletries and hair dryers. Wireless Internet access is complimentary. In addition to multi line phones, guestrooms offer free local calls (restrictions may apply). Televisions have premium cable channels and pay movies. Also included are blackout drapes/curtains and irons/ironing boards. Guests may request extra towels/bedding and wake up calls. Housekeeping is available daily. Guestrooms are all non smoking. Notifications and Fees:The following facilities will be closed during the winter: Swimming poolThe following fees and deposits are charged by the property at time of service, check in, or check out. Pet fee: USD 25 per stay The above list may not be comprehensive. Fees and deposits may not include tax and are subject to change. Notifications and Fees:The following facilities will be closed during the winter: Swimming poolThe following fees and deposits are charged by the property at time of service, check in, or check out. Pet fee: USD 25 per stay The above list may not be comprehensive. Fees and deposits may not include tax and are subject to change.

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Hotel Year Built 1983 Year Remodeled 2006 Additional Property Description This cozy and picturesque Grants Pass, Oregon hotel is near many enchanting attractions such as the Oregon Caves, Crater Lake and many local vineyards with excellent wine tastings. Guests will find that there s something for everyone they re traveling with and they ll love the convenient location, as this hotel is between San Francisco and Seattle. The clean, cozy rooms at this pet friendly Oregon Best Western offer free high speed Internet access, cable satellite television with HBO, coffeemaker, hairdryer and more. While staying at this Grants Pass hotel, guest can enjoy an outdoor heated pool, hot tub, a business center, dry cleaning, complimentary continental breakfast each day and an onsite restaurant and cocktail lounge. In addition to comfortable lodging in Grants Pass, guests can also enjoy numerous activities such as jet boat excursions, white water rafting, fishing, biking, golfing, playing tennis that get them out and exploring the beautiful natural surroundings. Enjoy fresh air on the greens of one of three golf courses within seven miles of this Grants Pass, Oregon hotel. Guests also enjoy a day of fun and horse racing at the Grants Pass Downs. Visitors of this Oregon hotel can also experience the magnificent sights of Valley of the Rogue State Park, the Applegate River, Rainey Falls, Mount Ashland and the Redwood Forest all within about an hour s drive from this Oregon Best Western hotel. Conveniently located at the intersection of Highway 199 and Interstate 5, traveling to and from this Grants Pass hotel is easy and efficient. Additionally, the Medford Airport is only 25 miles away. For a great stay with phenomenal service at a charming hotel in Grants Pass, Oregon, reserve a stay online at the BEST WESTERN Grants Pass Inn NBR OF SUITES 10NBR OF NON SMOKING ROOMS 72NBR OF ROOMS FOR PHYSICALLY CHALLENGED GUESTS 4LUXURY SUITES AVAILABLE. FREE HIGH SPEED INTERNET ACCESSIN ALL ROOMS. TWO PERSON SPA/BATHTUB.ROOM AMENITIES FOR ALL ROOMS ROOM AMENITIES AIR CONDITIONING / AM/FM ALARM CLOCK / CABLE/SATELLITE TV / COFFEE/TEA MAKER / COLOR TV / DIRECT DIAL TELEPHONE / FREE LOCAL TELEPHONE CALLS / HAIRDRYER / IRON/IRONING BOARD / MEAL INCLUDED BREAKFAST / NO SMOKING ROOM / PRIVATE BATH OR SHOWER / RADIO / REMOTE CONTROL TV / STEREO SYSTEM / TELEPHONE / TELEVISION TECHNOLOGY DATAPORT / HIGH SPEED INTERNET ACCESS CHARGEABLE AMENITIES ANALOG DIAL UP DATAPORT NBR OF ROOMS 84 WIRELESS DATAPORT NBR OF ROOMS 84

Super 8 Motel Grants Pass Or


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Super 8 Motel Grants Pass Or is located in Grants Pass. Property Features. Recreational amenities include an indoor pool and a spa tub. This motel has a business center and offers small meeting rooms and business services. Wireless Internet access is available in public areas. A complimentary continental breakfast is served each morning. Guest parking is complimentary. Additional property amenities include laundry facilities. Guestrooms. 79 guestrooms at Super 8 Motel Grants Pass Or feature coffee/tea makers and safes. Accommodations include refrigerators and microwaves. Wireless Internet access is available. Premium cable television is provided. Notifications and Fees:The following fees and deposits are charged by the property at time of service, check in, or check out. Pet deposit: USD 25 per stay The above list may not be comprehensive. Fees and deposits may not include tax and are subject to change. Notifications and Fees:The following fees and deposits are charged by the property at time of service, check in, or check out. Pet deposit: USD 25 per stay The above list may not be comprehensive. Fees and deposits may not include tax and are subject to change.

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