Government Grants Can Help Local Businesses Expand

Posted by Michelle on Feb 28th, 2010 and filed under Featured News, Finance, Photo Gallery. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry

Many businesses are turning to the government to help them in their time of financial need. Sometimes businesses just need help in an expansion and can find money from sources they may have never considered.

On the website http://www.grants.gov/ you can find resources to help you figure out what type of grant to apply for including small business start-up loans, apply for a grant and track the progress of that grant.

For example, the Rural Business Opportunity Grant Program “promotes sustainable economic development in rural communities with exceptional needs through provision of training and technical assistance for business development, entrepreneurs, and economic development officials and to assist with economic development planning.”

Another example is the Recovery Act – Electric Drive Vehicle Battery and Component Manufacturing Initiative which is seeking applications for grants supporting the construction (including production capacity increase of current plants), of U.S. based manufacturing plants to produce batteries and electric drive components.

To search a complete list of grants you or your business may be eligible for, visit http://www.grants.gov/

Be sure to subscribe to their feeds or newsletters in order to receive new government grant information that can help your small business.

Author: Michelle Bouffard: HowToMarketYourBusinessNow.com

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