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Funding For Your Business: SBIC & government grants
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Funding For Your Business: SBIC & government grants

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A guide to receiving funding for your business through Small Business Investment Company (SBIC), a subsidiary of US Small Business Administration, and through Government Grants.

A guide to receiving funding for your business through Small Business Investment Company (SBIC), a subsidiary of US Small Business Administration, and through Government Grants.

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  • Learn about the different types of Government Grants and get all the details here - <a href="http://www.allamericangrantguide.com/free-government-grants.php">http://www.allamericangrantguide.com/free-government-grants.php</a>
  • Know about all the different types of grants, and learn how to apply for them at – <a href="http://www.allamericangrantguide.com ">http://www.allamericangrantguide.com </a>

Funding For Your Business: SBIC & government grants Funding For Your Business: SBIC & government grants Presentation Transcript

  • FUNDING FOR YOUR BUSINESS – SBIC AND GOVERNMENT GRANTS
  • Introduction • Capital or funding is what you need to start your business.
  • Where do you get funding for your business?
  • What do they have in common?
  • • All of the aforementioned companies received seed money from SBIC’s, i.e., Small Business Investment Company.
  • Part 1: SBIC
  • SBIC - Introduction • There are about 450 SBIC’s all over the USA. • Each one is licensed and regulated by the SBA – The Small Business Administration. • While they are owned by the SBA, they actually are a privately owned and managed investment firm that provides venture capital and startup financing to small businesses.
  • SBIC – Funding History • The Small Business Investment Company has provided nearly $ 30 billion in financing (both loans and equity investments) to 90,000 small businesses since 1958.
  • SBIC – The Advantage • Each SBIC is free to define its own area of interest. Some specialize in specific industries, geographic areas or personal interests of the fund managers.
  • SBIC – The Advantage • Unlike many venture capital (VC) outlets that demand quick returns, SBICs have developed a reputation as providers of “patient capital” that small companies need to develop products and foster growth over time.
  • SBIC - Summary • Privately owned and managed investment firms that provide venture capital and startup financing to small businesses. • They are free to choose the field of funding. • Patient with small businesses that need to develop products and foster growth over time.
  • Part 2: Government Grants
  • Government Grants • Grants are like free money for small businesses: Unlike loans and other debt, grants don’t typically require you to pay anyone back. • Of course, finding and qualifying for public or private funds takes some effort. • Here are five potential sources of grants for small enterprises and entrepreneurs.
  • State and Local Agencies • The Federal Government doesn’t offer grants to small businesses. • However, state or local governments may offer other financial-assistance programs, such as low-interest loans.
  • Federal Funding • The US Government offers specific funding, many of whom are available to small businesses and entrepreneurs. Examples include…
  • Federal Funding Health-Related Research
  • Federal Funding Green Product Development
  • Opportunity Fund • This California nonprofit offers a mix of microloans, microsavings, and commercial real estate financing to small businesses in the San Francisco Bay Area
  • Amber Grants • The Amber Foundation Grants have been supporting women entrepreneurs since 1998. • The grants, usually $500 to $1,000 each, are intended to help with the small but essential expenses that can help women entrepreneurs start their own business.
  • Love a Local Business • Intuit’s Love a Local Business grant competition has given more than $1.1 million to winning small businesses since its inception.
  • Love a Local Business • The winning business receives a $25,000 grant.
  • Summary • Small Business Investment Companies (SBICs) are a marvelous financing opportunity for promising early stage ventures investigating grants to start a business and alternative forms of small business start up capital. • Grants are like free money for small businesses: Unlike loans and other debt, grants don’t typically require you to pay anyone back. • There are various sources of grants
  • To know more on Government Grants, kindly visit http://www.allamericangrantguide.com/
  • Thank You!