Perhaps one of the most common inquiries into our office is one regarding “FREE GOVERNMENT MONEY.” There are numerous information sources that tell the general public that the government has all kinds of money to give away and are just not telling us about it. These statements are usually followed by, “For just two easy payments of $29.95…”
One of the most popular proponents of free government money has been and continues to be Matthew Lesko, who wears a ridiculous outfit covered with question marks. Mr. Lesko has appeared on radio, infomercials and television – even on Oprah!
Many of our clients have purchased his books, cd’s, etc. only to discover that the only legitimate source of government assistance is right here – the SBDC (Small Business Development Center)! We’ve been here all along (since 1979). Here’s the kicker – we’re FREE!
To squelch this rumor once and for all…please be aware that there are NO specific grants available for persons to start their own small businesses. Most often, grants that you may hear discussed in the media or among friends are grants that are made available to non-profit organizations, government agencies and highly specialized/technical businesses. Occasionally we may hear of a small grant being available through a downtown association (to encourage businesses to locate downtown) or through a vocational rehabilitation office, but this is the extent of grant based monies.
However, it is true that approximately 23 years ago there were grants for women/homemakers to start their own businesses. Those fell by the wayside long, long ago.
The best source of funding for small business start-ups is still through commercial banks. The government can offer assistance through the SBA loan program which offers a guarantee to the bank to help alleviate the risks that are rampant in start-up businesses.
If you feel that you may be in need of any of the SBDC services (business plan/marketing plan assistance, financial projections, funding assistance, general questions, etc.), please contact our office:
Phone (864) 370-1545
Fax (864) 370-5122
55 E. Camperdown Way
Greenville, SC 29601
By Appointment Only