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Are there grants available for providing jobs?

I want to start my own business, which will include hiring employees. Could I qualify to get a grant for providing jobs?

Asked By: J9 - 11/5/2007
Best Answer - Chosen by Asker
Grants are not given just because you provide jobs.

It is hard to find grants to start a business. Unlike the myths that some perpetuate, federal government and even private foundations hardly give grant money for starting a for-profit business.

One possible exception is for companies developing or exporting agricultural goods, including food and forest product. Another exception could be the Small Business Innovation Research (SBIR) or Small Business Technology Transfer (STTR) programs http://www.sba.gov/aboutsba/sbaprograms/sbir/index.html , which fund the research and development of technological innovation that meets specific government needs.

Your best bet actually will be from the states if they offer grant programs for women (or any other special interest groups -- minorities, women, disabled, veterans, etc). Or check with non profit organizations, particularly women organizations if they offer grants. Examples include

Iowa Women's Foundation http://www.iawf.org/
New Mexico Women's Foundation http://www.nmwf.org/guidelines.html

Even SBA does NOT give out grants. From the SBA website http://www.sba.gov/mostrequesteditems/CON_FAQ2.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."

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.

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 http://gtionline.fdncenter.org . 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.
Answered By: imisidro - 11/6/2007
Additional Answers ()
There are absolutely grants/direct payments/ tax rebates and assistance for providing jobs. There is even money to train your new workers.

Don't listen to these people who blanket every question with links to the federal gov claiming there is nothing available to you. They know nothing except how to slip in an irrelevant link to some biz op into their answers.

It really depends on where you are, where you will be setting up shop and if you are smart enough to ignore answers like the ones above.

Here's a small list of money that is available right now from a variety of federal, state and local sources. Follow the link below and study which agencies are offering the help. Then figure out if there is a similar program/agenecy near you that fits whatever it is that you are trying to open. And don't listen to these people, a tax rebate, direct payment or payment to train someone is nothing short of helping your business succeed.


United Methodist Church Offers Pastoral Care & Assistance
Free Office Space and Computer Equipment for New York Non-Profits
Free Money to Help Moms Start a Business!
Money For New York City Farmers Markets
Insurance to Cover Political and Commercial Risks for New
$4,500,000 In Venture Capital For Starting Businesses In West Bank/Gaza, Jordan and Oman
$16,000,000 In Venture Capital For Starting Businesses in Latin America
$5,000,000 In Venture Capital For Starting Businesses In Poland
$25,000,000 In Venture Capital For Starting Businesses In Emerging Market Countries
Insurance Coverage For Overseas Contractors and Exporters
$18,000,000 In Venture Capital For Starting Businesses In South America
$6,000,000 In Venture Capital For Starting Environment Related Businesses In Emerging Markets
$1,000,000 To Start or Expand A Business
$1,000,000 To Sell Your Goods and Services Overseas
$1,000,000 For Companies Hurt by Defense Cuts
$250,000 For Women and Minority Entrepreneurs
$25,000 For Small Businesses
$750,000 For A Small Business To Fulfill A Contract
$2,000,000 To Get Through A Seasonal Downturn
Free Help In Buying A Franchise
Free Marketing Help To Get A Government Contract
2,000 Productivity Specialists Offer Free Analysis
Help for Women to Get 5?f Government Contracts
60 Places For Women To Get Help To Start A Business
Money If You Start A Business In A Certain Zip Code
Free Help Selling Your Arts And Crafts
$75,000 Grant If Hurt By Imports
Money To Start A Business In A High Unemployment Area
One Page Gets You A $150,000 Business Loan
Small Business Administration (SBA) Export Loans

More Money For Small Town Entrepreneurs
Free Insurance Assistance Offered to Businesses
Free Consulting Services for Businesses Needing Technology Assistance
Free Bookkeeping Services
Support Offered to Displaced Nonprofits
Help for Employers Dealing With WTC Tragedy
$200,000 To Buy A Farm Or Ranch
$717,000 For Women and Minorities To Buy Farms Or Ranches
$10,000,000 For Businesses In Small Towns
717,000 For First Time Farmers and Ranchers
$750,000 0?nterest Loans To Utility Companies In Small Towns Who Help Small Businesses
$300,000 Grant To Small Businesses To Commercialize Scientific and Engineering Ideas
$500,000 For Native Americans To Start Or Expand A Business
$500,000 Grant To Small Businesses To Work On Scientific And Engineering Ideas
Source(s):
the sources can be found here: http://www.leskobooks.com/Business/
Answered By: Dave P - 11/7/2007
There are no grants for a for profit business unless you are opening a daycare. If you need money, you will need to apply for a loan. No lender will talk to you unless you provide them with a valid business plan. Go to http://www.sba.gov , http://www.score.org or http://www.bplan.com for sample business plans and instructions on how to write a business plan.

Then, go to http://www.score.org/index.html and in the upper left hand corner, enter your zip code. On the next screen, you will get information on the nearest SCORE chapter. Call them and arrange for a free meeting with a SCORE counselor to review your business plan and discuss various loan options available to you.

SCORE is a nonprofit association dedicated to entrepreneur education and the formation, growth and success of small business nationwide. SCORE is a resource partner with the U.S. Small Business Administration (SBA).

SCORE has 389 chapters in locations throughout the United States and its territories, with 10,500 volunteers nationwide. Both working and retired executives and business owners donate time and expertise as business counselors.
Answered By: Gerald S - 11/5/2007
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