Grants for Small Businesses - Fraud Alert
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As the economy continues to struggle, many companies will look for small company grants for some needed financial help in 2011. When they do, many grant scammers is going to be waiting in the wings, wanting to take companies' bucks and give them more painful off than before.
No doubt, the 'small business grants' fantasy has exploded over the last year. A simple online seek uncovers standing of bureaus promising major money - Absolutely free money! Millions in government grants! - for small business owners of all sorts. Just sign-up with XYZ-Grant-Experts, pay some sort of fee - and get 10 times your cash down in a matter of weeks! Put this way it's really obvious that promise is a lie, the final results too good to be true.
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Take it from a reputable origin - according to the Small Company Administration (online at sba. gov): "The federal government does not necessarily provide grants for commencing and expanding a company. "
There are many exceptions, including for companies involved in scientific exploration, technological development, or in some specific market industries or activities (which include green creating). One of the biggest sources associated with federal grant funding for small business owners involved with research and development are the Small Company Innovation Research, or SBIR, grants. Some states may also provide grants for companies linked to activities which benefit the city at big, such as expanding child care businesses or increasing tourism. These, however, often demand matching dollars and for that reason don't truly count since "free funds. "
So the reality is that most small businesses are not qualified to receive grants. Signs your business may be eligible therefore you seek aid from a grant research or even grant composing agency, proceed with caution.
Ways to Spot some sort of Grant Scam
An agency is scamming you if:
- That they guarantee you're going to get grant money. You can find NO guarantees when it comes to getting funds - it is up on the government or even other offer source to decide who can get an award. Any company that promises you grant money is fraudulent.
The scam agencies in back of the 'small business grants' lie are preying to the victims of tough times, and in many cases getting away for it. As a legitimate skilled grant blogger , with helped small business owners win legitimate grants (mostly SBIR funds for explore and improvement), I've had several clients arrived at me after being taken by the fraudulent company.
These scammers are available, and they're needing you. Don't drop victim to their tactics. Do your homework, ask for references, and remember that old saying: If that sounds too good being true, it probably is actually.