Small Business and Government Grants for Starting a Business

In a highly competitive world where the scope of employment is dwindling pretty consistently, the most plausible alternative is small business that offers the scope of self employment. However, for most budding entrepreneurs the problem is that of getting the capital for running the business. Good news for such people is that the federal government has been providing resources in form of Government Grants for starting a business.

Learning about the Programs

In order to facilitate government grants for starting a business, the United States Small Business Administration or SBA was created in the year 1953.  It was an independent agency that worked to help small businesses offering aids, counseling, assistance, as well as protection. Another major objective of the concern is to preserve free competitive enterprises in order to maintain as well as strengthen the overall economy of the nation. Most of the programs of the SBA are carried out through the state agencies and they include grants, loans, as well as counseling programs.

While the government grants for starting a business varies from state to state, the SBA has initiated some common programs. Major programs among them are the followings.

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