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Grant Writing Your Dreams True Guide
An Introduction To State Grants
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Are you interested in applying for state grants?
In this article we will go over what they are and how they can help you.
No matter where you live, each state offers a selection of grants to people
living in the state. At the state level is where you will likely find grants for
attending school.
This might be a pre-start-up cost for you if
you require some training before you begin your new business, so this is an
indirect advantage of grant money available at the state level.
Although many of these programs are focused on
providing state grants for low and middle-income students to attend college,
there are some grants available for businesses. |
For example, did you know
that on the Governor of Texas's website they list
procurement opportunities? If your business sells furniture,
or if your business provides services such as computer
programming and service, maintenance and repair, moving
services, or temporary personnel, then your business might
be eligible to "procure" the contracts and you would make
the money for them. This is not a grant per se, but it does
offer the opportunity for a business to get money that does
not have to be paid back.
If you are in New York, the state's Governor's Office of
Regulatory Reform site offers tax credits for businesses
that operate and are certified in the Empire Zone. This will
save your business money, and make it easier for you to stay
in business and put your money toward expanding the business
rather than paying taxes. New York also offers low-rate
loans for existing small business expansion.
If you want to relocate a business to New Jersey, the state
offers a grant in the form of tax credits to offset your
business taxes. The grant can be as high as eighty percent
of your taxes, so it definitely pays to look into these
types of opportunities at the state level. There are also
grants available for employee training in job safety and
health and basic literacy skills.
If you live in Connecticut, according to the state's office
of Policy and Management you may be eligible for a grant for
$10,000 if you are an individual or company with less than
30 employees that has created a renewable energy technology
that has not yet been sold. You can use the money for such
purposes as product development and testing, developing your
business plan or meeting your payroll, among others.
This is just a small selection of what type of business
assistance is available at the state level, but it gives you
a jumping off point of some of the places in your state
where grant money might be available. It also is wise to
remember that, in terms of state grants, many foundations
and non-profit organizations give grants to people living in
a particular state, but mostly those people have to be a
non-profit organization or affiliated with one and not an
individual in order to qualify.
State grants are a great source of getting funding from your
business but they only account for some of the available
sources of grants.
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