"Grant" Program With A Fee - For Single Moms - I'll Let YOU Decide!

Like I have said before I am not too crazy about "grant" programs that charge a fee and I don't usually recommend them to my clients unless they specifically ask for more information about these kinds of programs.

But I will let you decide for yourself......

This "grant" program is for moms with a business idea? If you have a dream of starting your own business (and you are a mom) then you are invited to apply for for this grant.

The purpose of this grant program is to help other moms achieve their business dreams. The organization that is sponsoring this grant program has always assisted moms in business with business advice but now wants to help some moms who want to start their own business, but do not have the finances to make it happen.

Since obtaining money to start a business is far from easy this grant program will give one mom a $1,000 business grant which will require absolutely no repayment! This is a fabulous opportunity for any mom who has an amazing business idea or wants to expand her existing business. And a new grant winner will be chosen every three months!

Other sponsoring partners have been included to provide the winning mom with essential business start up products. This will allow the $1,000 business grant to stretch even further since the mom won't have to purchase equipment themselves. The exciting news continues as the mom chosen will also receive a brand new computer and printer! Also a website will be created for you (or your existing website will be updated)!


If you are chosen to receive the grant you must use it to help your existing business or start a new one. And you have to let the organization know how you spent the grant within 30 days of receiving it.

In order to be eligible for this "grant" program:

• You must be a mom over the age of 21 living in the United States.
  
  
• You have to subscribe to the organization's newsletter (but subscribing is free)
  
  
• You have to pay the $25 application fee to be considered.
  
  The $25 non-refundable application fee will cover the administrative costs associated with the grant.

They also include in their literature:

"And if you are serious about starting or expanding your business, this application fee will not stand in your way.

Like I said before, I'll let you decide whether or not you consider this a real grant program. (Personally I do not!)

Are You A Woman That Has A Dream Of Starting Her Own Business?

I have mentioned before about the different number of grant programs out there to help a person start their own business. There is a new grant program that is specifically for women that have a dream of wanting to start their own business. You have to be at least 18 years old to apply for this grant but you can spend the money any way that you like.

However I do have one problem with this so-called "grant" program because they charge an application fee. I personally do not considered it to be a legitimate grant program when one has to pay an application fee. I'm sorry but I just do not consider it a legitimate grant program.

Now the application fee is small and if you feel comfortable with paying it then you should apply for this program.

I do not include these kinds of "grant" programs when I am finding them for my clients - unless they specifically state that they don't mind applying for "grant" programs of this kind.

Is Your Flood Area Eligible For A Federal Grant From FEMA?

Not Every Area Hit By Floods Will Get Grants?

I was very much surprised by the process that determines whether or not an area will get grant (as opposed to loan) help. For instance, in northern Virginia area residents sustained a lot of flood damage. FEMA denied them disaster assistance. Instead the SBA will spearhead a loan program for qualified residents at a lower interest rate. Number one I don't understand why its the SBA and not another agency that is handling this since it was always my thought that the SBA had to do with businesses and not personal residences. Number 2 I would love to know the reason why disaster assistance was denied for this particular area/region.

Of course when the residents heard of FEMA's decision they were outraged and they sent letters to that effect. It can take a lot of weeks before a decision is made as to whether or not an affected area will get disaster relief from FEMA. In the meantime the the residents still have to make a decision as to what they are going to do as far as repairing the damage to their residences. Some of them had no flood insurance which - of course - makes the whole situation worse for them.

So instead of grants, eligible residents can apply for loans at a rate as low as less than 3 percent interest. $200,000.00 is available for structural damage and $40,000.00 is available to replace personal property.

Again, I would love to know the reason why FEMA denied this assistance?

You Really Have To Be Careful When Looking At Grant Programs! READ THE FINE PRINT!!

I just got finished researching a grant program that calls itself a grant program but on the very next line you see that its not actually a grant program but a loan program. Why would they even call it a grant program when it's obvious that it is a loan program?

That is why you have to be careful and be sure to read all of the information pertaining to a grant program that you are interested in applying for.

I find it very intriguing that the government would give grant money to non-profit organizations who in turn loan that money out. I realize that non-profit organizations do a valuable service and it is probably more better if the grant money went to the non-profit organization as opposed to giving it to individuals who don't have to account for it.