Free Government Business Start-up Grants: Get the money you need for your new business

Have you thought about how much money you would have made with your own business by now? To make your dreams come true, you may not always have enough funds, which is where government grants to start a small business come in handy.

Most small businesses suffer a setback in the starting year, even with a solid business plan. Most people don’t know that the reality is that most of these setbacks are due to a lack of proper finances, not bad business sense. Small businesses are the backbone of the economy and billions of dollars in taxes are lost when small businesses suffer. That’s one of the reasons the government supports small business owners and entrepreneurship.

As the economy benefits from small business participation, the government often provides financial aid for start-up entrepreneurs to help them build a sustainable business. These grants often come without any collateral, proof of income or credit check requirements. Better yet, there’s no requirement to repay grant funds, which means you can start your business without debt or loan repayments.

Getting government grants to start a business is a great way to raise funds without taking on the additional financial burden of repaying, such as with a small business loan. Many private foundations and government agencies provide up to $50,000 in free grants to help people start a business, which can help cover basic real estate, furniture, or equipment costs.

Since the funds do not have to be repaid, $50,000 can go a long way in paving the way toward building a solid business. Applying for government grants to start a business can be done by accessing an online grant database. Feel free to apply to as many private foundations and government grants as you think match your qualifications.