584, RE: Has anyone heard of funding for the restaurant business Posted by Roseb441702, Thu Jul-24-08 08:42 AM
>Ever since that late night infomercial popped up on tv years >ago offering a book full of free government money (grants) >people have gotten stuck on the notion that you can get grants >for anything, including starting or expanding a for-profit >business. There simply are no free handouts. > >Funding must be gotten the old fashioned way...hard work and >savings. Or family/friends pitching in with loans. Even if you >are able to qualify for SBA backed loans, you still need to >provide a good 30% of the cash yourself (along with >collateral). > >That cool site is undoubtedly making tons of money off of >people that are duped into buying their "guide" >books. > > >Sylvia >http://smallbusinessstartup.biz >Startup & Biz Plan Help >http://smallbusinessstartup.biz/blog
Unfortunately this is just not true. As someone that does grant research for a living you don't have to take my word for it. Just look at the grant programs that are listed right here on the business owner's cafe site! I hardly think that you could call this site a scam!
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