Where To Get Free Government Grant Money
Do you need business capitol to start or grow your business?
Are you considering a government grant?
Since the money is available for that purpose, and it is free, it only makes sense to apply for it. However, be forewarned - applying for and then accounting for the use of federal money is no easy task.
Free government grant money is available at your disposal. That is, if you want to go through the rigors of making the proposal and implementing the project.
This is because free government grant money is given to major projects that must benefit the community.
There are many rules and regulations that must be adhered to when you receive a grant:
Given these strict requirements for compliance, spending free government grant money is no free ride. As a matter of fact, several organizations who actively seek out free government grant money hire full-time staff to do the proposal application and administer implementation of the project.
Free government grant money can also be found in the Catalog of Federal Domestic Assistance (CFDA) listing. This is the list of all free government grant money programs approved by Congress. CFDA can be found online at: http://www.cfda.gov/. Searching The CFDA website for free government grant money is free of charge.
In addition to the Catalog of Federal Domestic Assistance, there are other sources to search for grants and they are listed below.
Several government agencies have available free government grant money that you can avail of.
You can apply for free government grant money to:
The Department of Health and Human Services (HHS) has over 300 programs which you can apply for in order to receive free government grant money to fund your project.
Information on free government grant money could also be found on Grantsnet, Non-profit Gateway and The Foundation Center.
The government allocates different types of free government grant money.
Formula grants are free government grant money distributed for continuing activities according to formula prescribed by law.
Project grants are free government grant money are used to fund specific project for a specific period without sanctions for failure to perform such as research, training, scholarship grants, et cetera.
Direct payments for specified use are free government grant money given to individuals or private organizations that require particular performance from the grantee such as Medicare.
Direct payment with unrestricted use is free government grant money given directly to beneficiaries who satisfy federal eligibility such as pension, retirement, et cetera.
Applying for free government grant money takes a lot of skill. The art and science of applying for this free government grant money programs is known as "Grantsmanship". Grantsmanship is not a stroll at the beach!
The application process alone requires money and time. Those who are lucky to land some free government grant money are not in an enviable position since they have to account for every penny spent.
Don't be discouraged about applying for a business grant. You never know until you try, and the payoff for your business will be worth it.
Are you considering a government grant?
Since the money is available for that purpose, and it is free, it only makes sense to apply for it. However, be forewarned - applying for and then accounting for the use of federal money is no easy task.
Free government grant money is available at your disposal. That is, if you want to go through the rigors of making the proposal and implementing the project.
This is because free government grant money is given to major projects that must benefit the community.
There are many rules and regulations that must be adhered to when you receive a grant:
- Free government grant money must be spent to the last cent
- Unspent money is required to be returned to the Treasury
- Oversight performance standards must be strictly adhered to during the project.
- Free government grant money received must be accounted for and subjected to annual audits.
- Projects must be carried out as specified in the application.
- Failure to perform as required in using the grant money could result in punishments, anything from fines to imprisonment for misuse of public funds.
Given these strict requirements for compliance, spending free government grant money is no free ride. As a matter of fact, several organizations who actively seek out free government grant money hire full-time staff to do the proposal application and administer implementation of the project.
Free government grant money can also be found in the Catalog of Federal Domestic Assistance (CFDA) listing. This is the list of all free government grant money programs approved by Congress. CFDA can be found online at: http://www.cfda.gov/. Searching The CFDA website for free government grant money is free of charge.
In addition to the Catalog of Federal Domestic Assistance, there are other sources to search for grants and they are listed below.
Several government agencies have available free government grant money that you can avail of.
You can apply for free government grant money to:
- Department of Education Grants and Contracts Information,
- Department of Housing and Urban Development (HUD),
- Department of Justice (DOJ),
- Department of Transportation (DOT),
- Environmental Protection Agency (EPA),
- Federal Emergency Management Administration (FEMA),
- National Institutes of Health (NIH),
- Stopping Violence Against Women and Community Oriented Policing Services (COPS).
The Department of Health and Human Services (HHS) has over 300 programs which you can apply for in order to receive free government grant money to fund your project.
Information on free government grant money could also be found on Grantsnet, Non-profit Gateway and The Foundation Center.
The government allocates different types of free government grant money.
Formula grants are free government grant money distributed for continuing activities according to formula prescribed by law.
Project grants are free government grant money are used to fund specific project for a specific period without sanctions for failure to perform such as research, training, scholarship grants, et cetera.
Direct payments for specified use are free government grant money given to individuals or private organizations that require particular performance from the grantee such as Medicare.
Direct payment with unrestricted use is free government grant money given directly to beneficiaries who satisfy federal eligibility such as pension, retirement, et cetera.
Applying for free government grant money takes a lot of skill. The art and science of applying for this free government grant money programs is known as "Grantsmanship". Grantsmanship is not a stroll at the beach!
The application process alone requires money and time. Those who are lucky to land some free government grant money are not in an enviable position since they have to account for every penny spent.
Don't be discouraged about applying for a business grant. You never know until you try, and the payoff for your business will be worth it.