Updated: Aug 25
Grants are a great way to get capital into your business because you DON’T HAVE TO PAY THE MONEY BACK💰💰. Since grants are FREE money, the most important part is writing your STATEMENT OF NEED- Why you need the money.
Things you want to STAY AWAY from mentioning are :
🚫 Paying off debt
🚫 Paying yourself
🚫 Money to invest in real estate or cryptocurrency.
You want to make your business sound like the grant money will propel your business to the next level. Asking for things like:
✅ payroll for additional staff
✅ Inventory or Equipment
Also make sure you HIGHLIGHT YOUR INDUSTRY EXPERIENCE!!!