Profitable Business: Government Grants without the costs

Government grants are a very nice way to obtain capital for your business. The award is supplied by tax-payer funds and you are not required to repay the grant; unless it is determined that you are not performing the tasks for which the grant was awarded. Do not fall into the trap of thinking the grant award is “beer money” or for that long awaited vacation. The grant award requires service and or research to be performed in accordance with the grant’s purpose.

We have all heard about business models that will guarantee to find you a government grant. I addressed this issue in another post stating that if they could guarantee a check, why not accept a finders fee in lieu of monthly, recurring payments? I still have not found a plan that will do just that; however, here is the URL for obtaining government grants: http://grants.gov.

The information contained on the web site is sparse. However, the web site is an excellent place to start in order to determine is any of the grants are applicable to you and your business. Now, there are people who do not want to be bothered and find the costs associated with the various online grant programs acceptable. Remember, time is money.

Government grants are constantly being added and removed from the list. Grant search providers can be worth the cost if they are finding you grant money and not just taking your monthly service fee. Applications for government grants also take time to process, so you will be paying a monthly service fee while you wait for the grant governing body to determine who will receive the grant.

Enjoy your quest for e-business success and remember, E-Business Juncture is here to help you along the path. Take the time to perform research. Successful business and e-business is built over time.

Mike Kniaziewicz, MIS

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