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Funding for Your Business - SBIC and 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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Funding for Your Business - SBIC and Government Grants

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  1. FUNDING FOR YOUR BUSINESS – SBIC AND GOVERNMENT GRANTS

  2. Introduction • Capital or funding is what you need to start your business.

  3. Where do you get funding for your business?

  4. What do they have in common?

  5. All of the aforementioned companies received seed money from SBIC’s, i.e., Small Business Investment Company.

  6. Part 1: SBIC

  7. 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.

  8. 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.

  9. 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. 

  10. 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.

  11. 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.

  12. Part 2: Government Grants

  13. 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.

  14. 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.

  15. Federal Funding • The US Government offers specific funding, many of whom are available to small businesses and entrepreneurs. Examples include…

  16. Federal Funding Health-Related Research

  17. Federal Funding Green Product Development

  18. 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

  19. 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.

  20. 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.

  21. Love a Local Business • The winning business receives a $25,000 grant.

  22. 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

  23. To know more on Government Grants, kindly visit - http://www.allamericangrantguide.com/

  24. Thank You!

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