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Grant Writing Your Dreams True Guide
Federal Grants - Can's & Cannots
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This section will explain what you can do and what
you cannot do with Federal Grants.
Federal grants can be applied for and used predominantly by organizations and
non-profit organizations, but usually not individuals. The amount of grant money
awarded varies by each individual grant, and you must follow their guidelines
for using the funds. On the federal level, the government tends to offer more
loans than grants for individuals who would like to use the money to start a
business.
There are some federal grants available that can
be used to help and enhance already established small businesses. For instance,
if your business deals with a field of science based on plants or animals, there
is a Small Business Innovation Research Program that provides a project grant
for small businesses to do research that will "stimulate technological
innovation and the national return on investment from research through the
pursuit of commercialization objectives" |
http://12.46.245.173/pls/portal30/CATALOG.PROGRAM_TEXT_RPT.SHOW?p_arg_names=prog_nbr&p_arg_values=10.212
This is simply one example out of many available that
pertains to how federal grants can be used.
What can't they be used for?
In general, federal grants tend to be given to organizations
and non-profits rather than individuals. These organizations
are usually located at the state and local levels, so then
the money typically filters down to individuals through
state and local organizations. However, there are a few
exceptions, such as the Foundation Grants for Individuals,
as mentioned earlier.
Federal grant money might be awarded as a project grant for
use in completing a project. This would cover project
expenses, but would not cover things like start-up costs for
your business, or your personal living expenses while you
worked on the project. If you are looking for grant money to
take care of your living expenses, or health expenses, there
is another website called www.GovBenefits.gov, which offers
assistance in these areas.
As you begin reading each individual grant, you will see
important information that you can use to determine if you
should apply for the particular grant and for what it can
and cannot be used. One feature that you will find in each
specific grant entry is the average grant size awarded. This
will help you when you are working on a budget for your
project, and you can determine if the grant offered is an
appropriate size for your project. If there are any
restrictions placed upon who is eligible to apply, you will
see it in the grant entry. Perhaps the grant is limited to
people who live in a certain state or a certain city or area
of the country. You might also see a listing of sample
grants, where you will get to look at current recipients of
grants from a particular organization. This information can
help you determine if your proposed project has any
similarities and if it will be a good fit for the foundation
or the grant-making organization. Each entry will also go
through application procedures, so you will know exactly
what you will need to do to apply for the grant.
Make sure you take advantage of all of the grant programs
the federal government offers. If these grant sources aren't
used, they will disappear.
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