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Small Business Grants Detroit MI

Grants to start a business are a key form of financing and small business start up capital - we cover grants and SBICs.

Bank Of America
(313) 832-4744
3670 Woodward Ave
Detroit, MI
American Mortgage
(313) 262-7303
1249 Washington Blvd
Detroit, MI
Advance America Cash Advance
(313) 821-2943
10942 E Jefferson Ave
Detroit, MI
American Jewelry & Loan
(313) 915-5984
20450 Greenfield Rd
Detroit, MI
aj lawn care
(313) 588-5992
10120 beaconsfield
detroit, MI
Cash Advance Detroit
313-432-7900
1154 Griswold St
Detroit, MI
Citizens Bank
(248) 691-6555
175 S Livernois Ave
Detroit, MI
Advantage Ca Hadvance
(313) 422-8785
7722 E 8 Mile Rd
Detroit, MI
Best Mortgage Services Llc
(313) 538-2206
17500 W Mcnichols Rd
Detroit, MI
Advance America
(313) 794-7081
19135 Telegraph Rd
Detroit, MI

Grants to Start a Business : Hidden Trove of Small Business Start Up Capital

Would-be entrepreneurs often ask us: Where can I get find grants to start a business? And, sadly, some of these individuals pay big money to attend business financing seminars that travel from city to city talking enticingly about “free” government money for your business. All you have to do is pay these folks up front and they will fill out some paperwork for you to apply for these “grants.”

Trouble is, the rare few that are available are so highly specialized in research fields that the odds of getting them are astronomical. In practical terms, it is a dead end. Forget about government grants to start a new business. It won’t happen.

The U.S. Small Business Administration (SBA) gets the same question daily at their small business Answer Desk. And their response is always the same: “The SBA does not offer grants to start or expand small businesses.”

But here’s the good news, and one of the best-kept secrets in the cutthroat world of venture financing. It’s called the Small Business Investment Company (SBIC) program, and it has provided nearly $30 billion in financing (both loans and equity investments) to 90,000 small businesses since 1958.

This program is for real. And while it is still going strong, it maintains a low profile by design, so the folks who manage the funds that invest in small companies don’t get totally devoured by cash-hungry entrepreneurs.

SBICs - some 450 of them nationwide - represent a uniquely successful partnership between Uncle Sa...

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