1) If you would like to pursue the many federal grant programs that are available go to your local library and read the Federal Catalog of Domestic Assistance or http://www.cfda.gov It lists the many hundreds of federal grant money programs available. You can also contact the Grant Foundation Center in New York - 1-800-424-9836 You should also review the �Awards, Honors & Prizes,� published by Gale. It lists about 3,100 corporate cash awards, prize money and small grants.
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2) The Premier FastTrac Program offers an array of entrepreneurial grant and assistance programs. They boast of a billion dollars available to help young entrepreneurs. They have 10 locations throughout the US. To find the nearest location write:
FastTrac National Headquarters
Entrepreneurial Education Foundation
7555 East Hampden Ste 501
Denver, CO 80231
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3) Small Business Innovation Research Grants (SBIR)
Grants are available through such government agencies as the Department of Agriculture, Commerce, Defense, Education, Energy, Health and Human Services. Department of Transportation, Environmental Protection, and the Nuclear Regulatory Commission, the National Science Foundation and NASA. Phase I grants are up to $50,000. Phase II grants are up to $500,000. For more information on these grants visit: http://www.sba.gov or call SBA - 1-202-205-6450 These grants are obtained by bidding on projects the government needs performed by existing businesses with a track record.
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4) Minority Business Development Agency (MBDA) provides minority owned start-ups and existing businesses with financial aid, management assistance and help in increasing profits. For more information, write:
Minority Business Development Agency
Department of Commerce
14th and Constitution Ave NW
Room 5099
Washington, DC 20230
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5) Bank Turndown Financing Source
If your bank has turned you down, you should contact your local Community Development Financial Institution (CDFI). These lenders have over $1.5 billion to lend and not just to women or minority owned firms. To find the nearest CDFI write:
National Community Capital Association
924 Cherry St
2nd Floor
Philadelphia, PA 19107-2411
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6) Venture Capital
If you�re seeking venture capital for your emerging company contact the following:
http://www.vfinance.com
http://www.businessfinance.com
http://www.witcapital.com
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7) SBIC Venture Capital Firms
For a list of Small Business Investment Company venture capital firms call 202-289-4336 or write:
National Association of Investment Companies
1111 14th St
Suite 700
Washington, DC 20005
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8) If you�re seeking small amounts of financing you may want to contact your local Association for Enterprise Opportunity (AEO) There are over 500 AEO type organizations located throughout the US.
These AEO�s will either lend you cash or give you a small cash grant, for various reasons, including starting or operating a business. The dollar amount varies from a few hundred dollars to several thousand dollars. For a list of offices in your state write:
Association for Enterprise Opportunity
0 East Lake St Ste 620
Chicago, IL 60601-5907
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9) State Money Sources
Each state offers their residents financing (and grants) to start up or expand your business and for other purposes. Check your local Commerce or Economic Development Center.
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10) Trade Associations
Trade associations offer many helpful resources for businesses. Including trade leads, networking opportunities and group insurance plans.
The American Home Business Association - http://www.homebusiness.com
Co-Op America - 202-872-5307
Home Business Institute - http://www.hbiweb.com
National Association for the Self-Employed - http://www.selfemployed.nase.org/nase
Small Business Service Bureau - 1- 800-343-0939
American Association of Home Based Businesses - http://www.aahbb.org
Larger firms can find information on associations in the Encyclopedia of Associations, by Gale Research at your local library.
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>I need advice on grants to help
>me start a new retail catalog
>and Internet business on a larger
>scale. My business has a
>high potential and will also be
>set up to provide fundraising opportunities
>for non Profit orgs in Michigan.
>