The answer is, "It depends." Rarely is grant money available to help get new businesses off the ground. By and large, government grants are reserved for nonprofit organizations, but there are exceptions as pointed out by Rich Whittle in The Houston Chronicle.
The Small Business Innovation Research. or SBIR program, awards grants to very specialized businesses that are involved in unique and innovative research projects. If you think your business might qualify, search the site for your specific industry to see what is available.
Other special cases where businesses may qualify for a grant are if you are:
- A veteran or disabled - You may be eligible for assistance to learn new skills or perhaps buy needed equipment for your business.
- In a distressed area - Your economic development organization may have aid to give you if your business will bring jobs to the area.
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