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Is a government grant a funding option for your business?

Don't believe the bait & Switch tactics of unscrupulous companies.

Many companies promise to help you find grants for your business, but they are really just getting your contact information and trying to sell you other products. Very few companies qualify for the rare grants offered by the U.S. Government.

Start Your Quick Application

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You probably don't qualify for a grant.

Who gets government grants?

Usually it's businesses that serve the greater good, in fields like medical research, education, and alternative energy.

What if I am in one of those fields?

Good for you! You may be able to get a hand on some funding for your business, but expect to produce something to show for it: usable research, innovation, and/or new jobs.
Check out Research Grants for Small Businesses.

Is it easy money, at least?

Hardly. Expect to produce a reasonable business plan, put up a portion of the funding up front, and use your own assets for collateral.

What if I'm a Veteran?

The Government does not provide loan guarantees for Veteran-owned business loans, but they do offer assistance.
Check out sba.gov's SCORE section for more information.

You probably do qualify for business funding from ECG.

Who qualifies?

Businesses with strong performance, even owners with poor credit histories can be approved. Up to 60% of businesses in our core industries get approved.

Simple application process

Only a simple application + 3 months bank and/or credit card statements are needed.

Personal collateral optional

Pledge of only business assets in certain cases.

Renewal is quick and easy

For members in good standing, the renewals process is quick and easy.

Faster approval

You'll receive a quote within 24 hours and money in your account as fast as 2 business days.

Tax liens or bankruptcies?

Tax liens up to $175,000 or open bankruptcies in the last year will not disqualify your business.

What is a Government Grant?

The coveted Government Grant sounds too good to be true—and usually is. The government isn't looking to subsidize most businesses, just certain kinds, like companies researching treatments for diseases, and alternative energy solutions. If your company doesn't directly benefits the greater good, it's not likely you'll be getting a grant any time soon.

Sources:
Small Business Myth-Busters
The Myth of Government Grants

Trade Associations