lillianmoore | Window Shopper |
10/19/2010 - 10:52 am
You can go to Grants.gov - the Federal Government's web site is to provide information on grants. Browse through the listings and see if you can find any grant that would support your purposes.For private grants, you may want to check the Famous Philanthropists's Foundation Grants for Minorities.Source(s):cfda.govgrants.gov
if it is salsa the food, are you more interested in marketing the product or manufacturing? you could maybe strike up a deal with a local food manufacturing company for them to make it and you to market it with them assisting with the start up costs.
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Like the previous poster, I also was confused whether you are starting a dance studio or a foods company. If a foods company, you may want to look for a business incubator in your area that contains a specialty foods kitchen. They can help you with many of the start-up issues, but as others mentioned, a grant is highly unlikely for a for-profit business.
It may be a good idea to check out the SBA (Small Business Association). They can provide you with valuable advice and can help with your financing. You may need to first develop a complete business plan.
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Message Edited by ChristineL on 01-06-2010 10:46 AM
Contrary to popular belief, being a minority has no bearing on whether you qualify for a grant or a loan.
Do you mean salsa the food or salsa the dance?? Big difference. :)
Look at my signature for a new funding option.
Forget grants - not going to happen for the business you want to start. You would be better off trying to find the least amount of cost that you can open and run your business with - then find other ways to raise those funds. Remember, try to keep your costs as low as possible.
You might try searching the web for bootstrapping ideas, apply to your bank for either a business loan or even personal loan - just make sure you have some collateral and great credit.
Or, you could even try to find a local partner who has the funds to finance you.
Hi ronin8181 -
Unfortunately, there are no grants for starting a for-profit business. Federal and state government agencies do
not provide small business grants, nor are there grants for small business
owners through the Recovery Act. For more information on the reality of government grants - as well as some alternative financing opportunities, check out these articles from the Small Business Cents blog:
Hi ronin8181 - Unfortunately, there are no grants for starting a for-profit business. Federal and state government agencies do
not provide small business grants, nor are there grants for small business
owners through the Recovery Act. For more information on the reality of government grants - as well as some alternative financing opportunities, check out these articles from the Small Business Cents blog: I Need Money - Where do I get it? The Truth About Government GrantsGovernment Grant Scams Good luck with your new business and we hope you'll continue to be an active member in the community! Message Edited by JamieD on 12-07-2009 11:53 AM
It's never easy starting a new business, an insurance costs particularly in the Us can be quite tough to stomach. on the plus side, a Salsa studio probably doesn't need too much start up capital, and at the least you'll be doing something you enjoy every day!
Be careful to make sure you have sufficient business liability insurance in place to cover anyone who might get injured during the dance lessons though!
Message Edited by ChristineL on 12-08-2009 09:49 AM
lillianmoore | Window Shopper | 10/19/2010 - 10:52 am
jimroberts | Creator | 10/19/2010 - 5:22 am
BizResearcher | Window Shopper | 12/19/2009 - 1:02 pm
genehiggins | Creator | 12/28/2009 - 11:16 pm
bizdev | Creator | 12/19/2009 - 10:33 am
phanio | Contributor | 12/9/2009 - 11:15 am
JamieD | Former Moderator | 12/7/2009 - 11:53 am
- I Need Money - Where do I get it?
- The Truth About Government Grants
- Government Grant Scams
Good luck with your new business and we hope you'll continue to be an active member in the community! Message Edited by JamieD on 12-07-2009 11:53 AMjamestkirk | Creator | 12/7/2009 - 11:40 pm
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