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Grants

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Grants are a form of funding awarded by a private foundation, or a federal or state government department or agency. Grants are based on a competitive process with strict guidelines for applying and using the funds. Grant funding agencies use grants as a way to accomplish a specific goal that the organization wants to achieve. There is a common belief that grants do not have to be repaid which is true but there are guidelines in place that must be followed and if not you can end up having to repay the grant. If your organization can benefit from a grant it may be beneficial to check out grants.gov, you can access the website by clicking HERE. When accessing the website we recommend the following:

  1. Create a username and password
  2. Check out the “Learn Grants” tab at the top of the website
  3. Be motivated and ready to read lots of information
  4. Be goal oriented
  5. Seek help for grant writing proposal

Grants can be a great way to fund your business but keep i mind that grants are very specific. We encourage you explore the website in full detail. For further hands on exploration check out the grants.gov YOUTUBE channel bu click HERE

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