Monday, November 3, 2008

Start-Up Businesses Receive Grants!

Four local businesses received grants of up to $50,000! last month to move them closer to the goal of stronger businesses and a stronger community.

This grant program is funded by federal and state grants and works with industry, government and universities to help companies and ultimately make the United States more competitive. The purpose of the program is to provide grant money to help defray the financial burden of maintaining and growing a start-up technology-based business.

The funding program helps support state businesses and business-related organizations with training, technology assistance, conferencing services, procurement services and business incubation. For incubator companies, the program offer entrepreneurs, many of them startup businesses, affordable office space, shared services, education programs and business counseling. These grants aren't designed to hire employees, but to acquire services to help incubators leverage their business. This money will help their businesses grow.

Among the incubator companies awarded funding was a company which has 2 locations and sells and services renewable energy systems. A cooperative, the company is owned by its five employees. The owner said he will use the grant to expand his business.

Another of the grant recipients provides precision prototypes and CAD assistance to various industries. The president of the company said his company needed a $50,000 grant to develop a laser scanner cranial implant model for skulls. The implant model is a breakthrough technology applicable to the medical technology industry.

And yet another business that has also received the grant, provides engineering and project management services for the design, fabrication and installation of metal finishing, waste treatment and special process equipment systems. The company will use the grant money to increase its marketing effort.

All appropriate applications will be considered for funding. The money can be used for various things from business plan preparation to market analysis and prototype development.

For more information about different grant programs, please click here

Do You Need Help Buying

College Textbooks?

A non-profit organization has been established to help award textbook grants to college students. There are plans to award the grants each school semester. The textbook grant amounts are in the $500 and $1000 range.

The organization also receives (and is asking for) donations from both individuals and businesses to help fund the college textbook program!

To find out more about this grant program you can visit the organization's website.

How Would You Like The

Chance To Win Money

To Start Your Own Business?

You could have the chance to win $10,000 to start your own business!

Eligible applicants can submit their business idea and get a chance to win $10,000! One idea every month will win $10,000!

You can visit their website for more information.

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