Federal grants from the government to start their businesses

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SUMMARY

The discussion centers on the availability of federal grants for starting businesses, specifically highlighting that both men and women can access these funds for education, business startups, and real estate rehabilitation. Notable figures such as Ross Perot, George Bush, and Paul Newman are mentioned as recipients of federal grants. To qualify for these grants, individuals must submit a detailed proposal, with the Small Business Administration (SBA) being the primary resource for assistance. Local Chamber of Commerce offices may also provide support, and state programs can sometimes offer easier access than federal ones.

PREREQUISITES
  • Understanding of federal grant application processes
  • Familiarity with the Small Business Administration (SBA) resources
  • Knowledge of business proposal writing
  • Awareness of state versus federal grant programs
NEXT STEPS
  • Research the Small Business Administration's grant application guidelines
  • Learn how to write a compelling business proposal
  • Investigate state-specific grant programs for startups
  • Explore resources on federal grant eligibility requirements
USEFUL FOR

Entrepreneurs, small business owners, and individuals seeking funding for business ventures will benefit from this discussion, particularly those interested in federal grant opportunities and proposal writing.

goldenstone11
Hello, I am trying to start a business. I found on the internet that men and women can obtain free federal grant money for education, start up businesses and rehabilitate or purchase real estate. I also saw that Ross Perouse, George Bush and Paul Newman received federal grants from the government to start their businesses and non-profit organizations. To qualify you must submit a detailed proposal. I was wondering if this program is legitimate and if so, where can I go to get a business proposal written up.
 
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The Small Business Administration is the place to start. There should be offices within one's state and probably a local Chamber of Commerce which one could also contact. Sometimes state programs are easier to work through than the federal program.

http://www.sba.gov/smallbusinessplanner/index.html

I'm not sure of the accuracy about Perot, Bush and Newman.

Perot left IBM (where he was a top salesman) "in 1962 to found Electronic Data Systems (EDS) in Dallas, Texas, and courted large corporations for his data processing services. Perot was refused 88 times before he got his first contract. EDS received lucrative contracts from the U.S. government in the 1960s." (ref Wikipedia - http://en.wikipedia.org/wiki/Ross_Perot#Business_career)
 
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