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When searching for technology grants one should look at the pros and cons of targeting federal government for funding of technology grants for non-profit business. When seeking funding for programs I think that there are three advantages of targeting the federal government 1. The money is certain, 2. There is easy access to information, and 3. The larger orders, thus more profit. Whereas, three disadvantages would be: extensive bid proposal, considerable amounts of paper work throughout maintaining the contract, and the competition is great. The first advantage that I listed is that the money is certain. If my company were to get a contract for business from the government they would be certain to be paid. It would cut out the late payment or the collections process that we currently have dealing with smaller entities or individuals. The second advantage to target the federal government is that the government may provide easier accessibility for information for its contractors through ...

Have you ever thought of or come across what you believe to be the right internet business opportunity but you don’t have start-up capital and enough money to stay afloat until you start making a profit? There are several options which are open to you to get that start-up capital. Here are three of these options, bearing in mind the costs of repayment and timeliness. (1) Loans from banks Many banks do not do personal loans for business purposes. They may also be unwilling to offer a business loan for what they would undoubtedly consider a risky project. Read their terms and conditions carefully, paying particular attention of term of the loan and interest rates. Also answer all questions as honestly as you can. Another option is to secure the loan on your home if you have one. You should think carefully about doing this, as you may risk losing your home if you fail to keep up with repayments. If you have spotted that business opportunity and you are itching to start but do not hav...

The definition of a business grant is broken down as a sum of money that is given to an individual or business for a specific purpose. This is to help your business to fund its ideas. Funding is essential to your business whether your business is small, new, or established you need business funding for your projects, purchases and expansions. A business grant is money that is given to your business that doesn’t require the need to be paid back or the need to give up shares in your business. They are available from a variety of sources, such as the government, European Union, Regional Development Agencies, local authorities and some charitable organisations. These grants may be linked to business activity or a specific industry sector. Some grants are linked to specific geographical areas, e.g. those in need of economic regeneration. Whatever you are applying for a business grant for you need to keep in mind the strict terms and conditions that surround business grants. It you brea...

You have a great idea for starting a new business or expanding your current one. You’ve thought through all the issues and created a roadmap for success. Now all you need is the funding to put your dreams into action. But how are you going to secure that funding? You can’t just stroll into a bank or sit down at a committee meeting and hand them your notes and spreadsheets. You need to write a business proposal to lay out your plans and request the funds. You’re an entrepreneur, you think, not a writer! You’ve never written more than a business letter and a meeting agenda. Don’t worry. It doesn’t need to be an intimidating process, because there is a basic structure to every business proposal. Here are the four parts, in order: simply 1) introduce yourself; 2) show that you understand your customers/clients and their needs; 3) describe how your goods and services meet those needs and present your expected expenses and profits; and 4) persuade the bank ...