Ive heard there is grant money available to help fund my for-profit start-up business. Where can I find those grants?
A — Typically, grant money is only available to assist non-profit organizations. If your business is non-profit, you will want to start with the http://www.grants.gov/ and Foundation Center websites. However, the availability of grant funds for for-profit businesses is extremely limited and typically highly specialized. We have found no consistent, reliable source for small businesses either public or private. We don’t want to discourage you from searching for such funding, but the Oklahoma Department of Commerce is not aware of for-profit grant funding. Q — If grants aren’t available, how do I fund my new business? A — Assistance from personal resources, such as family and friends, followed by traditional financing through a local lending institution where you have an established relationship are the most common methods for funding a start-up business. Some businesses may qualify for assistance in the form of loan guarantees from the Small Business Administration (SBA). In fact, most
FAQ Top A: Typically, grant money is only available to assist non-profit organizations. If your business is non-profit, you will want to start with the www.grants.gov and Foundation Center websites. However, the availability of grant funds for for-profit businesses is extremely limited and typically highly specialized. We have found no consistent, reliable source for small businesses either public or private. We don’t want to discourage you from searching for such funding, but the Oklahoma Department of Commerce is not aware of for-profit grant funding.
Typically, grant money is only available to assist non-profit organizations. If your business is non-profit, you will want to start with the www.grants.gov and Foundation Center websites. However, the availability of grant funds for for-profit businesses is extremely limited and typically highly specialized. We have found no consistent, reliable source for small businesses either public or private. We don’t want to discourage you from searching for such funding, but the Oklahoma Department of Commerce is not aware of for-profit grant funding.
