Grants for Entrepreneurs: Unused Resources for Your Company
B y : Nofisat Raheems “The distance between insanity and genius is measured only by success.” — Bruce Feirstein Let’s face it: your love of paperwork wasn’t the reason you founded this company. You started it because you had the hubris to think you could create something out of thin air, a vision that kept you up at three in the morning (3.00 am), and a fire in your gut. But then reality sets in—the “dry spells” in the bank account, the exorbitant credit card interest rates, and the persistent sense that the dream is about to come to an end. You’ve considered getting a loan, but the idea of taking on additional debt feels like a stone around your neck. I’d want to inform you about the door you haven’t yet knocked on: grants. It’s Fuel, Not “Free Money” Grants are sometimes referred to as “free money”; however, that term is inaccurate. It disregards the hard equity you have already put into your foundation. A grant is an investment in your influence rather than...