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Government assistance, is it real?

NYstockexchange24233125.jpg If you are a business owner you may have heard about government assistance programs that are available to help your business. The government assistance programs are said to help your business grow or to help a struggling business. Are these government assistance programs real? The only real type of government assistance for your business comes in the form of business grants. There are many different types of government grants available for you business to get some financial assistance. You can also find government grants that offer products for your business including computers or other office related items.

Government assistance is real but finding them may be harder than you may have expected. When you go to a federal government grant site it will lead you to other sites to look at for either government grants, federal grants, or private grants. There are grants for small businesses and grants that you can find for minorities who have businesses. There are very few of these grants available and sometimes the money is not readily available or the grant no longer exists.

Some financial experts believe that government assistance is not real even in the form of grants. This is because there are so few grants that are actually given by the federal government. The government may however give out cash grants or assistance to a highly specialized business as they did for the airlines at one time. Government assistance for the regular business start up is considered non-existent.

As a business owner knowing that there is no real government assistance could feel like a letdown. This may feel like a defeat especially when you need the money to help your business to grow or even to start. However, there is government sponsored grants and assistance that you can apply for to help your business to start or grow. This assistance is only government sponsored so the money does not actually come from the government. There are many different grants or monetary assistance you can find on the internet to help you with your business.

If you are one of the few people with a highly specialized business or your business needs the money because of unusual circumstances then you may be able to apply for a government grant. When you are looking at actually applying for a government grant you need to be aware of the terms of the grants. Government grants come with very strict auditing and reporting requirements. If you are awarded the grant then you should be aware that most of the money will go to support training and technical assistance programs that will assist other entrepreneurs. Your grant may actually be a government guaranteed loan and not an outright grant. There is not really a government grant just for personal need in order to help you business to grow.

There are grants and other forms of assistance available for your business that may be government sponsored or even run by the local government that can be easier to find. These other forms of assistance may actually be easier to obtain too. The small business administration has a website that is dedicated to finding grants and other assistance programs for your business. This website also states that there is actually no money that congress has set aside for the start or the expansion of any business.

Government assistance, is it real? This is not an easily answered question. There is not money currently used in either grants or other services that is meant to be used for small businesses. However, there is government sponsored grants and assistance that gets the money from other sources besides the government.

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