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Grant money, in essence, is free money. If you can get this, it can only help your company. It can give you the ability to expand and grow or to develop new technologies. There will be some work involved with getting this money - so it is not entirely free - but this is worth doing. If you were told that you could get a one hundred thousand dollar grant for just a day of filling out paperwork, you would jump at the chance. The grant that you get may not be that large, but you need to look and see what types of things are out there.

It is important to note that not all businesses are even eligible for grants. Many of these are sponsored by the government, but they are not just looking to give free money to anyone. They are trying to give it to people who deserve it, people who are in some way trying to do what the government desires. If you own a furniture company and you sell tables and chairs, odds are that you cannot get a grant. The government has no interest in this at all. While they do not think that such business practices are bad, they also do not feel so invested in them that they want to provide free money.

If you own a non-profit, on the other hand, you are probably eligible for a grant. The government likes to support these businesses because they generally provide services to the community. Maybe you have a homeless shelter where you give people a place to stay. Maybe you own a neighborhood revitalization company that is working to make the run down parts of the city look beautiful again. If this is the base, you can get a grant.

You may also be able to get a grant if you are working to develop new technology or new products that the government supports. Maybe you are making an environmentally friendly heavy degreaser for use on naval bases. Maybe you are creating systems that will lower the emissions levels on cars. The government has a strong interest in protecting the environment, so they may provide you with the money that you need to develop and produce these types of products. Not everyone can get funded by a grant, but you will be eligible to apply. You will then have to hope that you are awarded the money.

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Q: Is Your Business Eligible for a Grant?
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