Can I qualify for grant funding as a small business?

I am a small business licensee and am just starting my business. I run soccer-based educational fitness programs for children ages 2 to 6. One of the major goals of the program is to combat childhood obesity. I teach the children using pretend play as opposed to tradition coaching or teaching.

A program typically lasts 12 weeks, and I operate out of preschools and daycares. Parents who choose to participate pay $40 for each 4 session package that they purchase. My goal is to be able to create a scholarship fund from grant funding, fundraising, and local business sponsorships in order to allow more children access to this incredible program. Since I am a business and not a non-profit, I am not sure that I am able to qualify.

If you have expertise in this area, please give me some clarity and direction. Thanks!

Try and build a strong companies profile while applying for a loan, and be assured you are going to succeed….

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6 Responses to Can I qualify for grant funding as a small business?

  1. Tman says:

    Gotta have a balance sheet…that would be great. Grants and loan look at that no matter if youre non-profit or profit…..References :

  2. Henry says:

    Go to http://grants.gov/ and follow the instructions. You will find that unless you are a nonprofit, in basic research or daycare, there are no grants for a small business. Some cities offer grants to small businesses if they will locate in the downtown area or want to upgrade their store front, for the purposes of building up downtown traffic. Check with your City Hall for details. Private foundations offer grants. You can get a list of most US Foundations and private grant sources at http://www.foundations.org/References :

  3. servant74 says:

    The only ones that can truly answer that are the grant administrators.

    For most businesses, the answer is no. Grants (you don’t pay back grants) are few and far between for ‘for profit’ organizations, but not that they don’t happen.

    Possibly look for loans or grants from the daycares or pre-schools.

    You really need to do a pro-forma set of books. Balance sheet, income/cost estimates over time. Also go down to the SBA and SCORE offices and ask them for advice. They are great and you and your taxes have already paid for the service (SBA is part of US Dept of Commerce, SCORE is a non-profit auxiliary of the SBA manned by volunteers that have business experience)References :

  4. - says:

    It’s an absolute myth that business grants are out there. No matter the race or gender, it just isn’t out there. There’s a few more available for non-profits, but even then, it’s not like anyone who qualifies gets it. They might have 100 grants that year and only 100 non-profits would get it. As someone pointed out, you can try to see if your county or city has some kind of thing, but they will want to see your financial statements. You have to be doing good already, you can’t be struggling.

    If you’ve been generating revenue, and have good credit, I suggest approaching a bank for a loan. Just make sure you have a good business plan and financial statements prepared.References :

  5. Anna James says:

    Try and build a strong companies profile while applying for a loan, and be assured you are going to succeed….References :

  6. jdkilp says:

    Grants aren’t hard to FIND, but they can be extremely difficult and time-consuming to GET.

    There are essentially only 5 sources for grants. A little known fact it that you do NOT have to be a non-profit to get a grant, regardless of what others tell you … I’ve helped for-profits apply for grants.

    Most of the Federal grants are called Small Business Innovation Research grants. These are given primarily for some new innovation. You can find out what’s available at:
    http://www.sbirworld.com
    There is also info on this site about how to apply.

    Some cities offer grants to small businesses if they will locate in the downtown area, for the purposes of building up downtown traffic. Check with your City Hall for details.

    There are some Federal government grants for minority businesses. You can find info at:
    http://www.mbda.gov

    And, there are some minority organizations that provide grants … La Raza and the NAACP sometimes do.
    http://www.nclr.org
    http://www.naacp.org

    Private companies sometimes help fund start-ups, especially if they think they will see some benefit from it. These are very difficult to find, but can sometimes be the easiest to get.

    Finally, private foundations offer grants. You can get a list of most US Foundations and private grant sources at http://www.foundations.org/grantmakers.html.References :

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