BL

May 28, 2024

Cathedral of Praise

Maximizing Your Business Potential

How to Get Grant Funding

Do you need grant funding? There is good and bad news. The good news is that yes, there are some legitimate grants out there that you can apply for. The bad news is that grants are not as easy to get as you may have been lead to believe.

You have two sources for grants – government grants and private grants. Private grants are offered by different organizations. Some of these organizations may be businesses and other organizations may be non-profit ones.

Government grants, in some cases, may be harder to get. The reason is that they are more popular and better known. There may literally be thousands of people applying for the same government grant that you are. This means it can be a big challenge to land a grant from the government. It’s certainly not something you can’t do, but expect it to be more difficult.

Government tends to only offer grants for certain activities. These could be business endeavors, education, research, and community service type programs/activities. Very rarely will you find a government grant given out only on the basis of financial need – it’s usually financial need and some specific activity that government feels is worth investing money in.

If you are interested in see what sort of government grant programs are out there, you can look at local state websites and the federal grant website.

Private funding is much more scattered than government funding. You are really going to have to search the web far and web to turn up private grant opportunities. The good news is that these opportunities do exist – it’s really just a matter of you finding them. And if you search, find them you can!