Expert help on how to apply for a business grant and increase your chances of winning

Posted by Government Grants
5
Aug 12, 2024
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When it comes to funding, small businesses face specific challenges as traditional banking institutions are hesitant to extend them any loan due to a lack of credibility and uncertainty about their success. However, the good news is that small business grants are offered by many US government agencies and private entities to help them grow and succeed. The US Small Business Administration (SBA) runs two programs, viz. Small Business Innovation Research (SBIR), and Small Business Technology Transfer (STTR) through which it provides grants to small businesses involved in research and development of technology innovation and scientific research. Many grants are offered by the Economic Development Agency (EDA) and the US Department of Agriculture (USDA), among others.   

  

Grants.gov is the federal government’s most comprehensive database of all grants provided by the federal government. In order to apply for a business grant, you need to craft a perfect application failing which your application is likely to be rejected. You should know the correct procedure of how to apply for a business grant, and for this, you can take help of professional grant writers, such as the ones available with GovernmentGrants.us. To apply for a grant, firstly, you need to locate a grant opportunity that you want to apply, and ensure your eligibility for the same. All grants are given for specific goals with a set of requirements, such as the size of the business, annual turnover, demographic, and the type of business, etc.   

  

Make sure that you collect and organize all required documents. You also need to include:  

  

  • Business Plan  

  • Employer Identification Number (EIN)  

  • Data Universal Numbering System (DUNS)  

  • Number of Employees  

  • Race and Gender of Business Owner  

  • Demographic Information, and   

  • Tax Information  

  

The effort and time required on how to apply for a business grant may vary depending upon the complexity of the specific grant procedure. Read the grant objectives, and spend time on your business plan. Explain the granting authority how you will use grant money, and check for any funding match requirements, as you may be asked to match the grantor’s fund with your own. An important tip on how to apply for a business grant is to apply early as most grant programs have a finite pool of funds, and they will stop considering further applications once they have run out of money for the year.   

  

Professional assistance for grant writing   

However, if you are applying for a grant for the first time, the whole process can feel quite overwhelming as you may have to fill multiple forms, and also craft a perfect application that could stand you apart from other applicants, and maximize your chances of winning the grant award. This is where professional grant writers at GovernmentGrants.us can be of great help. The grant writers have helped thousands earlier navigate the complexities of how to apply for a business grant, and could help you also win a free grant award. Moreover, by subscribing to a monthly membership of just $29.95, you can access updated information on all currently active grants, including minority grants, childcare grants, first time homebuyer grants, training & research grants, and more. This monthly membership fee is refundable in case your grant application is rejected. For this, you just need to send the rejection letter to GovernmentGrants.us within 90 days of receiving it.   

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