Government Grants

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Has anyone tried getting government grants or "free money" to invest with? I wonder how hard it is to get money for REI from the government. Thanks in advance for your answers smile

Comments(6)

  • jjetts46th November, 2003

    I will let you know in a couple weeks. I sent away for a package yesterday with a list of available lenders to do this with.

  • sharpREI_PA6th November, 2003

    Thanks jjetts... you can email me. Thanks again!![ Edited by sharpREI_PA on Date 11/06/2003 ]

  • Lapierre6th November, 2003

    I would be interested in the information about gov grants, can you give me any contact info you have?

  • DanLioz6th November, 2003

    I am interested in this information as well, can someone please e-mail it to me.

    Thanks,
    Daniel

  • killenjw6th November, 2003

    You are all wasting your time! Believe me I wasted plenty of mine. Save your money, buy a book, and talk to everyone you can. You will be very suprised at how you come up with money when you get really motivated. Again you can believe me because I am in the same boat you are. I found out that a co-worker was quite wealthy just by chance. It turns out he is really interested in what I do I is willing to front the down payment for me on this first one. Depending on how things go he said he will be happy to start financing my projects. Just be creative and persistant. There is no such thing as FREE MONEY!!

    Jim

  • sharpREI_PA7th November, 2003

    I actually do know someone who owns a dog grooming business and they were able to obtain a grant for $10,000 for equipment and supplies or whatever else she needed to get her business running. So, it does happen.
    But, this person also had to wait over 6 months before they even heard from them, which in my opinion is too long when it comes to REI. So, in the end , it probably is not worth the hassle especially when there are other ways to get capital, as killenjw points out. thanks again!

    [ Edited by sharpREI_PA on Date 11/07/2003 ]

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