Grants to start a business are extremely rare. They likely involve very high tech research for government agencies. Ask business owners you know and odds are you won’t find one that started with a grant. As the old saying goes, “It takes money to make money.” This is particularly true when you are thinking about starting a business. You will need to identify how much money you’ll need to get started. Expect that you’ll have to provide 20-30% as your investment in the business because 100% financing is not likely to be available. Ask your SBDC consultant about any grants they may be aware of. Be extra careful of scams.

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