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Learn More About Federal-Grants Worth Over $400 BillionFederal-grants are government funding assistance from a federal agency to a recipient to carry out a public purpose of support authorized by a law of the United States. Grants are not federal assistance or loans to individuals. They are a government funding device for which repayment is not required.
Log on to http://www.grants.gov/ More than 1,000 programs providing federal-grants programs are offered by the 26 grant making agencies, and these programs fall into the following 21 categories. Arts Agriculture Business and Commerce Community Development Disaster Prevention and Relief Education Employment, Labor and Training Energy Environmental Quality Food and Nutrition Health Housing Humanities Information and Statistics Law, Justice and Legal Services Natural Resources Regional Development Science and Technology Social Services and Income Security Transportation Private Entities Who Can Qualify for Grants Non-Profit Organizations • Nonprofits having a 501(c)(3) status with the IRS, other than institutions of higher education • Nonprofits that do not have a 501(c)(3) status with the IRS, other than institutions of higher education For-Profit Organizations (other than small businesses) Small Businesses Small business loans and small business grants may be awarded to companies that meet the size standards that the U.S. Small Business Administration (SBA) has established for most industries in the economy. The most common size standards are as follow: • 500 employees for most manufacturing and mining industries • 100 employees for all wholesale trade industries • $6 million for most retail and service industries • $28.5 million for most general & heavy construction industries • $12 million for all special trade contractors • $0.75 million for most agricultural industries Note that about one-fourth of industries have a size standard that is different from these levels. They vary from $0.75 million to $28.5 million for size standards based on average annual revenues and from 100 to 1500 employees for size standards based on number of employees. With few exceptions, all federal agencies, and many state and local governments, use the size standards established by SBA. You can search for further information and for loan opportunities on the Small Business Administration’s website. Individuals An individual can apply for government funding. Individuals sign the grant application and its associated certifications and assurances that are necessary to fulfill the requirements of the application process. So, if you register as an Individual, you will only be able to apply to grant opportunities that are open to individuals. An individual cannot submit a grant application to a grant opportunity that is just open to organizations.
In addition to federal-grants,
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