Business Grant

Small business grants are often a hot topic with new business people with a small amount of money and access to capital. We have all seen the many media claims about "Free Government Grant for Small Business." It seems all too easy to get these days.

Thursday, June 15, 2006

TYPES OF GRANT PROGRAMS

There are a good number of business grants out on the market today and the table below points all of them out. Knowing which one to apply for will help you to choose the grant that you are most likely to get approved for. This table was provided by http://grants.nih.gov/grants/funding/funding_program.htm. If you visit this site you can get special information about each grant and their specific requirements.

Research Grant Programs
R01 NIH Research Project Grant Program (R01)
R03 NIH Small Grant Program (R03)
R13 & U13 NIH Support for Conferences and Scientific Meetings (R13 and U13)
R15 NIH Academic Research Enhancement Award (AREA) Grants - (R15)
R21 NIH Exploratory/Developmental Research Grant Award (R21)
R34 NIH Clinical Trial Planning Grant (R34) Program
R56 NIH High Priority, Short-Term Project Award (R56)
New Investigators Program
K99/R00 NIH Pathway to Independence (PI) Award (K99/R00)
Multiple Principal Investigators
Multiple PIs Multiple Principal Investigators web page with associated funding opportunities.
Research Supplemental Programs
Diversity Supplements Research supplements to Promote Diversity in Health-Related Research
Ruth L. KirschsteinNational Research Service Awards (NRSA)
T32 Institutional Research Training Grants (T32)
T35 Short-Term Institutional Research Training Grants (T35)
F30 Individual Predoctoral Awards For M.D./PH.D. Fellowships (F30)
F31 Individual Predoctoral Fellowship Minority Students (F31)
F31 Individual Predoctoral Fellowship Students w/Disabilities (F31)
F31 Individual Predoctoral Fellowship (F31)
F32 Individual Postdoctoral Fellowships (F32)
F33 Senior Fellowships (F33)
Research Ethics and Training Grant Programs
T15 Short-Term Courses in Research Ethics (T15) (Note: Program Announcement expired March 13, 2004)
T90 Training for a New Interdisciplinary Research Workforce (T90) (Note: RFA application receipt date was March 10, 2004)
NIH Career Development (K) Awards
K Kiosk Information about NIH Career Development Awards
Small Business Awards
SBIR/STTR Small Business Funding Opportunities Web Page
Other Programs
BECON NIH Bioengineering Consortium (BECON)
BISTI Biomedical Information Science and Technology Initiative (BISTI)
Ethical Issuesin Human Studies Research on Ethical Issues in Human Studies
IDeA Institutional Development Awards (IDeA)
PECASE Presidential Early Career Award for scientists and Engineers (PECASE)Program with listing of NIH Recipients since 1996
Roadmap NIH Roadmap Initiatives
S07 Human Subjects Research Enhancement Awards (HSREA)

Tuesday, June 13, 2006

IMPORTANT FACTS ABOUT GRANTS AND FUNDING

Finding and identifying the various government agencies that give grants for specific reasons in specific subject areas requires time, effort, and research. Here is you will find a starting point for looking for it.

If you are looking for funding for an existing or new for-profit business, you may find that it is more difficult in finding and getting grant funding. Government grants are generally (though not necessarily always) given to non-profit organizations for programs and services that benefit the community or the public as a group.

The first place that you should look for government grants is the U.S. government's www.Grants.gov Website. This site will help you to be able to electronically find and apply for the various different grant opportunities from all Federal grant-making agencies.

You can also look for information on the different types of grants and the government agencies that make grants. Also, you can sign up to receive instant notification of future grant opportunities in your inbox. You can also take a look at the Government's Catalog of Federal Domestic Assistance (CFDA), which hosts a complete listing of various Government grants and other types of help that is available.

Here is where you can get information on grants by Category and Topic Area or you can search the Catalog by key words etc. if you find it easier that way. If you find a particular grant that interests you, make sure that you carefully read the section on Eligibility Requirements to find out if you would be qualified to apply for that particular grant.

You should also know that most government grants are not available all year-round. That means that you can't apply for most of them at any time that you feel like it, you can apply for them only when they are announced by a Government agency.

When an agency makes their money available for a grant, it usually puts an announcement in the Federal Register which is published every weekday. Here's where you can find the Government's Most Recent Grant Announcements.

Grants that are offered to individuals are generally given to them for educational support (financial aid), the arts, and various other types of research, although some agencies will give away grants to individuals for other purposes.

Getting a grant is hard work. You should never be fooled by advertisements and promotions that state that you can get free cash just by writing a letter. There is a lot of competition out there for grant funds. If you want to be successful in getting a grant, you must provide the funding agency with a very good proposal that explains your objectives and also offers a plan and a detailed budget plan for your activities.

Grants are only free in that you do not have to pay back the money. However, if you are awarded a grant you may be required to provide progress reports, program evaluation, and/or financial reports to thegovernment agency that gives you the grant.