THE TRUTH ABOUT SMALL BUSINESS

GRANTS

Presented ByAndrea Zeller

MISSION COMMUNITY SERVICES CORP.www.MCSCorp.org

Matthew Lesko 's Free Money For Entrepreneurs 770-page book

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Incentives• Economic Development Incentives

• Attraction

• Another word for grants• For the big guys (buying jobs + tax income)

Where’s the Gold in California?

Technology Grants

• Small Business Innovation Research

• Small Business Technology Transfer

Free Guide at

www.LARTA.org

Small Grants

• www.trickleup.org $700 to low income

• http://www.businessownersideacafe.com/ Biz Grant Center – mostly contests

+/- $1,000

• MSN Business Breakthrough Challenge $10,000

• Other corporate contests

The Truth

• Government, foundation and philanthropic sources of grants I estimate 99.9999% of the time are only available to government or tax exempt organizations.– SBA, USDA, USDOC

• Government trend, moving from entitlement to challenge grants

• Grants to individuals are typically scholarships

Special Programs

• SBA Guarantee programs

• Minority and women certified small business – they receive an edge on procurement opportunities

• US DOT – Community Development Financial Institutions (CDFI)

So Where Is the Money?

FIRST THINGS FIRST

• Know what you need the money for (matching source and use of funds)

• Project your cash flow needs by month for at least one year, preferably three.

How do I do this??????????????????????

Let MCSC help you!!

Vision to Venturescholarships available now!

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