WHAT IS A GRANT?
Unlike loans, grants are cash payments that do not need to be paid back. In today's economy, grants are a useful source of cash for any type of business. Grants are also non-dilutive, meaning that the business owner does not need to give away partial ownership (as done with investors) in order to receive funding. Essentially, grants are "free money!"
ARE GRANTS AVAILABLE FOR EVERY TYPE OF BUSINESS?
Yes! There are a wide variety of grants available, allowing all types of businesses opportunities to be awarded grants. Keep in mind that each grant has unique guidelines and expectations. While all businesses can qualify for a grant, there is a larger pool of grants set aside for women, minorities, and veterans.
WHAT IS THE RANGE OF MONEY AWARDED FROM GRANTS?
Kelsey Thomas clients apply for grants of $10,000 up to $4 million per grant. There are smaller grants available as well. You are not limited to the number of grants you may apply for in any month, or year.