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Grants are again gaining prominence in the publications related to small business financing and entrepreneurship. Not surprisingly, many readers want to know more about the “grants money” matters. After all, from the descriptions given by the journalists, it’s as simple as asking for the free grant money, and your bank balance is a few thousand dollars higher. Not bad, for any new or expanding commercial activity, short of liquidity. Hence, the undeniable attraction of the topic of grants.

Let’s examine some of the claims made by the well informed media, and construct a true picture about American grants scene. Below is a list of the common beliefs, and the corresponding objective reality.

Applying for a grant from the government is not so different from applying for a grant from a private organization. There are, however, many differences when you are applying for either of the two. Obviously you want to do all you can to ensure your application is successful. Here are some guidelines and tips to increase the chances of your grant being approved.

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