Government Funding
Take some time to read this page and explore the application forms. On this page, the Small Business Administration clarifies the federal government's approach to grant financing. It is important to note that all grants issued have many reporting and compliance requirements. What does this means to someone seeking a grant? There will be a great deal of paperwork associated with obtaining the grant. Follow-up paperwork will provide insight into using the grant money. These requirements are in place because taxpayer dollars fund government grants. The federal government provides resources for individual states so that they may provide more specialized assistance to individuals within their respective states. Each state has its own small business division, and its name will vary by state.
Source: U.S. Small Business Administration
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