| Each year the federal government awards | | | | |
| approximately $400 billion to individuals and | | | | Have an interest in starting a small |
| organizations in the form of federal | | | | business? There is a federal government grant |
| government grants. These grants are awarded | | | | specifically for this purpose. Ross Perot |
| to small and larges businesses, individuals | | | | started his first business utilizing funds |
| just starting a business or the one who has | | | | awarded from a federal government grant. The |
| been in business for around 20 years or more. | | | | federal government sets aside approximately |
| Regardless of what the purpose of use is, the | | | | $30 billion each year to fund applications |
| federal government has established the grant | | | | submitted by small business owners. In |
| program to provide financial awards to | | | | addition to this, over $90 billion has been |
| individuals and organizations. | | | | set aside to help entrepreneurs have |
| | | | continued success of their businesses. |
| Financial background does not apply in the | | | | |
| federal government grants process. | | | | Another popular federal government grant |
| Individuals who have poor credit or who have | | | | award is housing grants. Through this |
| previously filled for bankruptcy are not | | | | category, the federal government sets aside |
| barred from applying. Same holds true for | | | | approximately $140 million each year for |
| organizations that may have one or more | | | | housing grant awards. In order to ease the |
| partners with a less than favorable credit | | | | process of home buying for individuals with |
| history. United States citizens and legal | | | | less than favorable credit, the federal |
| residents are eligible to apply for a federal | | | | government programs work to relax the credit |
| government grant. There is no credit check, | | | | requirements for home ownership. Regardless |
| collateral or security deposit required or | | | | of the purpose for acquiring a federal |
| the need for a co-signer to receive funding. | | | | government grant, the money is available. It |
| Once eligibility requirements have been met, | | | | just takes a little investment in time and |
| any amount of money may be awarded providing | | | | research to locate where that free government |
| it will be utilized for legal purposes. | | | | grant money is. |