Small Business Grants for Veterans

Financial assistance received through the government is the best way to fund a business as the money need not be repaid. These disbursements are mostly given to nonprofit organizations and institutes working towards the betterment of society. The government also provides financial aid to businesses dealing in energy efficiency solutions. 

If you are looking for grants, then one of the first things you could do is talk to the local office of SBA. The SBA has set up the Office of Veterans Business Development, and you can check out the location of an office near you, on their website. The SBA is also the right place to check for aid provided to disabled veterans.

Another resource for checking small business government grants for veterans is the Catalog of Federal Domestic Assistance (CFDA) website. The website has free details of over two thousand federal assistance programs. The website also has a help desk number which you can call for assistance regarding grants and loans.

The local chapter of the chamber of commerce provides small business loans and grants. They have several funding opportunities and if you fit the eligibility criteria, you could qualify for a grant, and if not, you could check their list of available loan opportunities. They also have specific programs for minority and women veterans.

If you have seen advertisements that offer financing for a small fee, stay away as most of the information they offer is available free on the government website. If you have identified a program which best qualifies you from the website, you can use the identification number to apply for that particular scheme.

There are many NPOs who work for the betterment of veterans and their families. The Internet is the best medium to look for an organization which will accommodate your needs. Try organizations like Rotary as they have a lot of community development programs under which they could provide financial help to veterans.

The U.S. Department of Commerce has instituted the Minority Business Development Agency (MBDA) which is a body that provides assistance to minority-owned businesses including those started by veterans.