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Exploring Eligibility: “Can I Get a Federal Grant to Start a Small Business?” [Promo], by Grants Gov

Exploring Eligibility: “Can I Get a Federal Grant to Start a Small Business?” [Promo] is a FREE course courtesy of Grants Gov

1 Lesson / 2 Minutes / FREE

“Does the federal government really award money to people running small businesses?”

Federal grants are designed to benefit the public by funding pre-approved programs and projects. So for a commercial business to be eligible for a grant, it would need to align with a specific public program or project defined by Congress.

The Small Business Administration (SBA), an authority on this topic, states, “The government (federal or state) does not provide grants for any of the following activities: starting a business, paying off debt, or covering operational expenses.”

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