Posts

Showing posts with the label Grants

Pros and Cons of Targeting Federal Government For Funding of Technology Grants Non Profit

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 ...

Business Funding with Business Grants

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...