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    universe's Avatar
    universe Posts: 77, Reputation: 1
    Junior Member
     
    #1

    Feb 16, 2013, 06:15 AM
    How to apply for a grant?
    My son wants to start his ownbusiness selling his fantastic jalepeno/turkey burgers. How can he go about applying for a grant to help hom start?
    joypulv's Avatar
    joypulv Posts: 21,591, Reputation: 2941
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    #2

    Feb 16, 2013, 06:21 AM
    There are no grants. There are Small Business Administration loans for those with a solid, professional business plan and a certain amount of experience and some collateral. They won't just loan money to someone with a good idea, because most start ups fail.

    Food ideas usually start very small with their own money and maybe a cart, truck, or small space in a food mall. I trust he is well armed with the huge number of regulations for his town and state regarding permits and multiple licenses.
    Fr_Chuck's Avatar
    Fr_Chuck Posts: 81,301, Reputation: 7692
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    #3

    Feb 16, 2013, 07:27 AM
    Agree, really no grants,

    If he were going to hire 100 employees, or move into a very economic depressed area, there is some grants, but just to start a normal business, you have to get a loan, you start with a detailed business plan

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