Saturday, June 28, 2008

Are You Looking To Buy A Home At A Discount?

So many people are looking for government (or other) grant money to be able to buy their own home. Here is a government grant program that allows eligible applicants to buy a home at a discounted price.

If you are a law enforcement officer, this program may help you purchase a home in a HUD-revitalization area by offering qualified purchasers a 50% discount off the list price of homes available from HUD's inventory. You must agree to live in the home for three years and it may be your only residence during that time.

General Program Requirements

In order to qualify for this benefit program, you must be or have been a law enforcement officer who is employed (full-time) and is a current or prospective homeowner.

Application Process

For more information about applying for this program, you can visit the government's website.


Update! - If you are a law enforcement officer, firefighter, emergency medical technician, or teacher, this program may help you purchase a home in a HUD-revitalization area by offering qualified purchasers a 50% discount off the list price of homes available from HUD's inventory. You must agree to live in the home for three years and it must be your sole residence.

General Program Requirements - In order to qualify for this benefit program, you must be or have been a law enforcement officer, firefighter, emergency medical technician, or teacher who is employed (full-time) and is a current or prospective homeowner.

Objectives - To strengthen America's communities by providing homeownership opportunities to law enforcement officers in HUD- designated revitalization areas, and to improve the quality of life in these neighborhoods by their presence.

Types of Assistance - Sale, Exchange, or Donation of Property and Goods.


Uses and Use Restrictions - Law enforcement officers may purchase HUD-owned single unit properties located in designated revitalization areas at a 50 percent discount off list price. Officers must agree to occupy homes as their sole residence for a period of 3 years. The officer must also agree to execute a second mortgage and note in the name of the Department for an amount equal to the 50 percent discount. This zero interest note will gradually decrease over the 3-year mandatory residence period until it reaches zero. Should the officer leave the home before the 1st anniversary of occupancy, 90 percent of the discounted amount will be due to HUD. Departure before the 2nd anniversary of occupancy will require a 60 percent repayment, and departure before the 3rd anniversary of occupancy will require a 30 percent repayment of the discounted amount. Officers must certify initially, and once annually, for each year of the occupancy term, that he/she continues to own and live in the home as a sole residence, and that no other residential real estate is owned.

Eligibility Requirements - Applicant Eligibility

This program is limited to a specialized group. To be eligible for this program, participants must be law enforcement officers. A law enforcement officer is defined as an individual who is employed full-time by a Federal, State, county, or municipal government or a college or university, and is sworn to uphold, and make arrests for, violations of Federal, State, county, or municipal law. The authority to make arrests must be general arrest power - not simply arrest authority which is confined to a specific building, facility, or group of persons.


Beneficiary Eligibility - Law enforcement officers purchasing a HUD-owned home in a designated revitalization area for use as their residence.
Credentials/Documentation


Application Procedure - Interested law enforcement officers apply by submitting a bid for a property listed through HUD's sale disposition program. Properties for sale are listed on the internet at sites accessible to the general public. Bids are submitted electronically. The bid amount submitted must be displayed list price.

Award Procedure - A winning bid is selected randomly each week. The winning bidder is offered the property at a 50 percent discount off the list price. A document package is mailed to the selected bidder. The bidder accepts by signing and returning the sales documents. The selected bidder receives title to the home at a sales closing. The selected bidder arranges for financing of the purchase price.


Deadlines - Properties eligible for this program are offered exclusively to officers for bidding for five days beginning with the first listing of the property. Unsold homes continue to be available for purchase through the program under modified rules related to the length of time the property is unsold.


Formula and Matching Requirements - The assistance is in the form of a 50 percent reduction in the list price of the home selected for purchase.


Length and Time Phasing of Assistance - The assistance is provided in exchange for the buyer's commitment to occupy the homes as a personal residence for three years. Each year of occupancy results in the forgiveness of one third of the discount value. Early vacation of the premises requires repayment of a pro rata amount of the discount.

Post Assistance Requirements - Reports - The officer purchasing the home must submit an annual certification for each of three years that he or she resides in the home and does not own any other residential real property.

Program Accomplishments - As of April 1, 2003, approximately 7,352 officers have purchases homes under this program in the United States and the District of Columbia, with an estimated value of $367,600,000. Sales in fiscal year 2003 are estimated to be approximately 1,500. Projections for fiscal year 2004 are about the same.

Program information is available on HUD's official website.

There are also related programs for teachers!

For policy questions not covered on the website, you can contact the office division by regular mail, email or by phone (this is not a toll free number).



Saturday, June 14, 2008

Do You Need A Scholarship To Help Pay For Nursing School?

There is a nursing organization that has scholarship information on their website as well as financial aid information for nursing students. They offer a $2,500 nursing scholarship to a deserving student every 60 days! In order to assist worthy applicants who are not selected, they have also expanded their online database which lists hundreds of grants and scholarship opportunities!

You can find out more information about other scholarship programs by going to my Grants Related page.



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Other Nursing-related Grant Programs


There is a nurse's foundation that has a grant program to help fund research on nursing-related topics - mainly topics that have to do with nursing as a career.

In order to be eligible to apply for this grant funding, applicants must be a licensed registered nurse who has obtained at least one degree, either a baccalaureate degree or higher, in nursing. Beginning and experienced nurse researchers are encouraged to apply. Grants range from $3,000 to $25,000.



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There is another non-profit organization that offers two annual scholarships (up to $17,500 each) for minority students pursuing degrees in nursing and rehabilitation therapy programs.

You can find out more about this nursing school scholarship program by visiting the organization's website.


Monday, June 9, 2008

Local Artists Get Grant Awards!

Here is a listing of artists in one state who have gotten grant awards:

  • A University graduate has received a $5,000 grant award that he will use with his group to help produce films and comedy shows.

  • A sculptor who has also received a grant says "It relieves financial worry, but it really makes me feel good about this place. When I tell artists who live elsewhere that my county gives tax money to individual artists, the envy is palpable."

These artists were among 10 individual artists receiving $55,000 in fellowships when their district awarded almost $800,000 in 2007-8 grants!

Also receiving grant money were major arts and cultural groups for general operating support. Some of these grant recipients include:

  • a farm

  • a ballet company

  • a contemporary dance company

    a watercolor artist

  • an opera company

  • a public television station

    and

  • a local radio station

  • A total of $137,415 in grants supporting special projects were awarded to 28 small and mid-sized groups following a competitive review process:

    • A Youth Leadership Group received a $4,450 grant

    • an international festival received $4,000

    • a jazz orchestra received a $15,000 grant

    • a chorus group received a $5,000+ grant

    • a children's choir received a $9,000 grant

    • a Lutheran School received a $2,000+ grant

    • a Firefighter's Association received a $2,500 grant

    • a church received a $5,000 grant
      $9,000.

A $10,000 award was given to an individual artist for lifetime achievement.

For more information about this grant program for individual as well as group art organizations you can either reach them by phone or visit their website online for more information about their annualgrant program.

Tuesday, June 3, 2008

Proposed Grant Program To Help Pay Back Student Loans.....

Although this program is only in the "proposal" stages now this is the procedure of how new grant programs get started all the time!

There is a current proposal underway to start a new state program that will help provide doctors to areas that are medically "underserved".

The proposal includes the offering of grants to help repay education loans and other incentives (including financial incentives) to help make it more attractive to doctors to serve in areas that do not have adequite medical help.






So many people have emailed me and asked me about whether or not there are any grant programs out there to help them pay off their student loans and here is a very good example of a grant program (even though its still in its early proposal stages) that talks about just that!

To find out about other grant programs relating to paying back student loans you can take a look at my Grants Related Page and click on the "Student Loans link that appears near the top of that page.



Saturday, May 10, 2008

Even Big Companies Like Dell Get Government Grants!

If you still think that there are no grant programs out there then you should read the information below:

Dell, the computer company, will continue to get MILLIONS of dollars in state and local grants. In return the company has promised to create more jobs and invest money in the area.

This comes after a court decision was made when Dell was sued because an advocacy group thought that the government grants that they were getting were benefitting the company more than it was benefitting the community. When the initial court ruling was in Dell's favor, the group decided to appeal but their appeal was rejected by the State Court Of Appeals. The court has ruled in favor of Dell which may possible mean that the computer company will not have to pay income tax on the government grant money that it has received. Basically the decision was that state officials have the right to decide who they give government grant money to.

Texas-based Dell could get up to $278 million in state grants and tax breaks if it makes good on its promise, plus a local package worth $37.2 million that covers taxes and startup and other costs.




Friday, May 9, 2008

Do You Own A Small Trucking Company? Here Is A Grant Program That You May Be Interested In!

The Environmental Protection Agency has started a NEW $50 Million grant program to help reduce the harmful effects of diesel engine emmissions.

Applications have been accepted as early as last month!

This grant program is targeted specifically towards the smaller trucking companies and larger truckings companies are not eligible to apply! If you own a small business that is not a trucking company you still may be eligible to apply!

*There is still not yet a firm determination as to which businesses qualify as a "small" business yet

The grant program itself provides financial grants for those (small) businesses that want apply for grant money to replace and retrofit diesel engines that predate when the EPA started engine standards 10 years ago. Examples of the diesel engines mentioned includ heavy duty trucks, buses, certain farm equipment and construction vehicles.

Grant recipients can use the money to pay for EPA-verified retrofit and idle-reduction technology, EPA-certified engine upgrades and vehicle or equipment replacements.

Applications can be found at the government website and application submissions will be accepted now. For more information you can visit the government's website and you can also contact them by email.

Here is a direct quote from one of the staff members associated with this grant program:

We intend for this money to go to small companies and small fleet owners that need this kind of support.......”..........“Large companies will not qualify.” ...............................

Saturday, May 3, 2008

Are There Any Grant Programs To Buy Into A Franchise?

Hi Rose, I am a "single" mother and I am extremely interested in starting my own business. My aunt in New Jersey is a very knowledgable grant writer in New Jersey, but unfortunately only has the knowledge of non-profit grant programs. I have put together a small business plan at this time, and I am looking at doing a two-in-one type of business. Originally I started out inquiring about a program which offers a birthday (or other celebration ) set up with inflatable toys, bouncers, and slides, that is affordable to many family classifications. I was interested in doing this for my daughter, but found that there is no such business operating in any area even remotely close to me. So I inquired about operating one of their franchizes. There is a small start up cost of $3,000 as well as 3-day training course that must be taken in New Orleans before being accepted. They also offer a trailer purchase at $4,000, to transport the equipment, and I think this type of business would be extremely successful. We would be leasing the equipment from this company, with a 40% to us from the sales. I then did further research to see about starting up our own indoor playground for children and youth that would be extremely affordable and at a reasonable location for easy access to a diverse population of people. I have looked into building leases (cost) equipment purcahse prices, operating costs, business set-up, marketing ideas, and concessions. With the proceeds we make, I would love to set up a "free fun day" for children and youth to come and experience the fun that has never been offered in or around our city, which would also help in our marketing. I would like to operate the birthday party set-up as an additional option for families, so that we can bring the party to them, wherever they may want to celebrate! I have done lots of research the past few weeks on attempting to find grants that would assist in my business start-up, as my credit situation is not that good. My fiance is an African-American, and he would also be co-opearating this business with me. He doesn't have bad credit, just the unfortunate problem of having NO CREDIT! Any information you can provide would be extremely helpful, I have found the CAFE site, and its great...but I am looking for any additional grant information you might be able to help with, or inform me more of the grant services you provide. Thank you so much...I look forward to hearing from you at your earliest convenience!
Best Wishes
J~


....there is quite a difference between starting one's own business vs buying into a franchise - at least the grant process sees it that way.

There seem to be quite a few loan programs to help people buy into a franchise but so far I have not seen any grant programs for this sort of thing. So if you really want to go the route of the franchise-thing you may have trouble finding grant programs for it but may be able to find some loan programs for it.

However if you are still considering grants then I would look into the possibility of taking the concept of the franchise that you want to buy into and turnig it into a business that would qualify for grant funding such as daycare or a business relating to children.

As I have noted on my grants pages and blogs there are still grant programs out there for those that want to start a business of their own (as opposed to buying into a franchise). In fact I just recently answered a question similar to your email from another woman who wanted to buy into a franchise with a government grant. My answer to her appears here

then in a later email................

Hi Ms. Rose...you have read my mind, I actually have decided against the franchise idea, I have decided to run my own business doing the same thing without having to give away over half my commission/profits back to the company themselves. It makes much more sense to start my own similar company, as we have very little competition for this. I am debating two options for my start-up business, and I am torn between the two, but both have to do with providing fun and professional service to children. I was wondering if you could maybe give me your opinion on which may be easier in obtaining a grant, and where I might find grants for this type of business. The first is an inflatable bouncer rental business for children's birthday parties, carnivals (schools/daycares), or other celebration events where kids may participate, the start-up costs would be about 20-25,000 and we would be able to keep our jobs and start this over the weekends without too much effort. (2-3 competitors in my particular city, with more within 60 mile radius). The other is an indoor play center for children and toddlers, possibly with both concessions and a cafe sitting area, with inflatable bouncers/slides, interactive games/obstacle courses, arcade games, gym court for basketball, volleyball, dodgeball, as well as a smaller toddler area wth age appropriate toys and fun things to do and learn with. (only one competitor..no cafe and we would like to have a larger variety of equipment than the competitor) The start up costs for this would be much higher and my fiance would quit his job to run this (he only makes about 1200/month). However, our profits would probably be much larger in this business as would our beginning debts....unless we would be able to obtain some larger grants? If you have time and are interested in responding, I would be much obliged. We will soon be adding another addition to our family in the next 2 months, Im wanting to have as much time with my family as I can. My credit is not good right now as we were a couple that got into those ARM mortgages and our payments have been late for the past 4-5 months (we are currently trying to short sale our home..) and my fiance doesnt have bad credit, he just has NO credit..and when I say NONE..he has NONE....so if you have any ideas how to start with our financing and maybe the best decision on what might be easier for us to apply for grant assistance or any funding asstance...thank you so much for responding to my previous email...that was extremely thoughtful of you...I appreciate your opinions and knowledge! :)
thanks so much! :)
J~


It is my opinion that you should combine your idea(s). The more that you have to offer the more potential money your business will make.

Grants do not depend on someone's credit rating.

It is also my opinion that you find a way to make your business a combination non-profit and for-profit because that tactic is now a growing trend. It also (will) give you the "best of both worlds".

If you are looking for getting the most grant financing possible then you are going to have to adapt your business plan to those grant programs that relate to the types of services that you will be providing.

There are grant programs for those that want to start their own business as well as there being grant programs related to childrens' services. You should research and go through these grant programs - read what their requirements and qualifications are as far as eligibilty is concerned and see if you can adapt your business to qualify for eligibility for as many of them as you can find. The majority of grant programs being offered allow for one to apply for other grant programs in addition to their own so you can apply for as many as you are eligible for.

Over 90% of all the information that I have found about grant programs for clients has been online so there would be a good place for you to start looking for these kinds of grant programs.





Tuesday, April 22, 2008

Grant Program For Entrepreneurs!

Here is a quite bold grant competition program that is seeking entrepreneurs who have ideas to help solve the problems of the world!

The goal of this funding competition is to promote the creation of sustainable new business ventures that combine financial returns with social and environmental benefits. These can include new products and services, operational processes and business models.

The competition encourages ground breaking innovation and problem solving – challenging entrepreneurs from across the world to make a real difference through developing new markets and making a sustainable profit.

This funding opportunity is an open funding competition. They are looking for the best business ideas from across the world!

Entries will be accepted from individuals, teams, new companies, existing companies creating spin-offs, students, scientists, academics and entrepreneurs.

Regional, national and international participation is encouraged.

Business ideas can be based on a new product, a service, operational process or business model.


To be considered eligible for this competition, all entries must:

  • Be innovative

  • Be a commercial, for-profit venture

  • Address one of the major points of the organization itself

  • Not have received more than $100K in funding by the submission deadline

  • Demonstrate a positive social and/or environmental impact as well as an economic return


If you are not sure whether or not your business idea meets the above criteria, the sponsors of this funding program are happy to discuss your particular case. You can visit their website for more details and contact information.

All entrants will be required to submit a 5-page executive summary of their business idea. Up to five additional pages will be allowed for relevant exhibits and appendices e.g. team CVs, financial reports, letters from potential customers.


All entries must use 10-point or larger font and be submitted as a single Word or PDF attachment. This should be no more than 2MB in size.


Entries will only be accepted via the 4-step registration process accessed via the 'Submit your idea' page of our website.


Executive Summary Guidelines


All executive summaries should contain the following information and headings:

Team Name
Opening Statement
The Idea & Unique Selling Point (USP)
The Market Opportunity
The Management Team
The Financial Plan
The Environmental and Social Benefits

To download detailed guidance on the Executive Summary please click the link that is provided on the website. (This download is in .pdf format)

All teams must have one designated team leader. The team leader will be the main point of contact for the competition organizers and will take responsibility for coordinating with each team members.


All work submitted must be the original work of the members of the team which they are free to disclose. Teams will not be able to submit the same proposal in to more than one category, though contestants can be members of more than one team.

Entrants need not have registered a company at the time of entry to the competition but will be required to do so in order to receive cash prizes.

Financial assistance will be offered to all competition finalists. For international entrants this will cover travel and accomodation costs. For UK entrants financial assistance will cover accomodations costs on the reqired dates only.

All entries must be submitted via website!

If you have a question or query about a plan that you have already submitted, please contact the competition organizers via email.


Monday, April 21, 2008

$1 Millon Grant To Research And STUDY Daycare!

The most interesting thing about this government grant program is that it is open for for-profit businesses to apply for! For instance if you already operate a daycare and are a for-profit business you may be eligible to apply for this grant!

Here is more information about the grant program itself!



Eligible Applicants

  • Public and State controlled institutions of higher education

  • Private institutions of higher education

  • Small businesses

  • For profit organizations other than small businesses

  • Nonprofits having a 501(c)(3) status with the IRS, other than institutions of higher education

Additional Information on Eligibility:

Additional eligibility types:

  • Hispanic-Serving Institutions

  • Historically Black Colleges and Universities (HBCUs)

  • Tribally Controlled Colleges and Universities (TCCUs)

  • Alaska Native and Native Hawaiian Serving Institutions

  • Faith-based and community organizations are eligible to apply.

  • Foreign entities are not eligible under this announcement.


The purpose of this grant program announcement is to award a cooperative agreement to operate Child Care and Early Education Research Connections for five years. This cooperative will work to support family economic self-sufficiency and child care quality for families with children ages 0-12 or with special needs by fostering a child care and early education knowledge management and support system.


Basically what this means is that this grant program fund supports projects that add to the knowledge about the efficacy of child care policies and programs toward achieving two targeted long-term outcomes which are enhancing the economic security of low-income families with young children and improving quality in all child care and early education settings.

This is basically a research and/or study grant to help find ways to better help low-income families who have young children and to find better ways to enhance child care and other educational settings that are targeted towards young children.

Other goals include:

  • Operating a state-of-the-art, web-based child care and early education project with a comprehensive and up-to-date collection of research articles and reports, selected datasets, policy data, ready access to datasets for secondary analysis, technical assistance for contributors and users, strong linkages with other archives and information systems, and ongoing synthesis of data into useful information and knowledge for child care and early education research and policy.

  • Making sound child care and early education research findings available to researchers and policymakers in accessible language and formats.


Deadline for Applications: May 2008!

Applicants are highly encouraged to send a letter of intent

Applications can be submitted via the government's website

Acceptable electronic formats for the application attachments (narratives, charts, etc.) must use the following standard technologies, i.e., Microsoft (Word and Excel), Word Perfect, Adobe PDF, Jpeg, and Gif.

It is strongly recommended that applicants do not wait until the application deadline date to begin the application process. Applicants are encouraged to submit their applications well before the closing date and time so that if difficulties are encountered there will still be sufficient time to submit a hard copy via express mail. It is to an applicant's advantage to submit 24 hours ahead of the closing date and time in order to address any difficulties that may be encountered.

Applications can be submitted in person, by mail and via website.

There are 2 official government agencies that can be contacted for more information. They can be reached by mail, phone and email.


Grant Award: $1.5 Million (over a period of 5 years)

Address to Request Application Package


If you would like to receive notifications of changes to this grant opportunity click send me change notification emails. The only thing you need to provide for this service is your email address. No other information is requested.