Minority Loan and Grant Programs

Minority Loan and Grant Programs

Q: I would very much like to go out on my own, and I've created a business plan for an exciting business. However, because I'm in the "pre-funding" stage, I'm still plugging away at my day job. Are there any minority loans or grants for small businesses that could help me make the transition to entrepreneur?

A: There's a need for minority programs that assist in the maturation of new businesses, and there are several of these programs available. However, any entrepreneur seeking out these sources must also focus on how well her business survives independent of these programs--after all, a successful minority business will have to mature itself out of the program eventually. Make sure you have some sort of maturation plan in place that allows you to succeed without minority set-asides within three to five years, for instance; otherwise, you may find yourself simply building a business to be bought out or putting yourself at too great a risk.

Your first strategy is to look in your own area for local funding, which is available in some communities from redevelopment agencies and other local organizations. An example of a regional organization is FAME Renaissance , which operates several social and business development programs designed to create wealth in impoverished areas within Los Angeles County.

Also in the Southern California area is Operation HOPE , a very worthwhile organization that has dispersed a total of $72 million in minority loans to homeowners and business owners. Even if you don't live in Southern California, I'd recommend paying a visit to the Operation HOPE Web site, which has several inspiring success stories as well as transcripts of speeches from Operation HOPE founder John Bryant, who speaks eloquently about the issues revolving around the "digital divide" and economic empowerment. Some other regional organizations include Brotherhood Business Development & Capital Fund and Pacific Coast Regional.

On a broader scale, Ron Langston, Assistant Secretary of Commerce under the Bush administration, has been very dedicated to the growth of minority businesses and appreciates the special needs that a minority may face in making the transition to entrepreneur. Toward that end, have a look at the upcoming Minority Enterprise Development Conference and the Web site for the Minority Business Development Agency (MBDA) . Besides information on funding, the MBDA site offers a wealth of good advice for any small business, minority or otherwise.

Besides loans to get started, there are also minority set-asides that an ongoing business can take advantage of. The National Minority Supply and Diversity Council (NMSDC) provides a direct link between corporations and minority businesses. A quick look through its list of member corporations--those companies that want to purchase quality goods and services from minorities on a competitive basis--reveals some of the biggest corporate citizens in the United States. The NMSDC, with regional offices in most states, is a good first step in seeking out your first contracts once you've launched your new business. You can even join its database of certified minority suppliers and get referrals to corporate buyers. In 2000, member corporations made purchases from minority businesses registered with the NMSDC exceeding $54.3 billion.Lastly, as with any type of financing, minority funding also depends on having a sound business plan, quality goods and your personal dedication to success.

Janice Bryant Howroyd is founder, chairman and CEO of Torrance, California-based ACT-1 Group, the largest woman minority-owned employment agency in the United States, with more than 70 offices, 300 full-time employees, 65,000 temporary "stars" and annual revenues exceeding $500 million. Founded in 1978 around Howroyd's personal philosophy of "Keeping the Humanity in Human Resources," ACT-1 is today a multidivision conglomerate serving such clients as Ford Motor Co., Gap Inc. and Sempra Energy and meeting demands for well-educated and well-trained temporary, full-time and contract employees. She has twice been honored by the Star Group as one of 50 Leading Woman Entrepreneurs of the World.

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Source:http://www.entrepreneur.com/article/52012


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Free Grant Money For Women

Free Grant Money For Women


The government and other private foundations have made over $800 billion in free grant money available just this year, and this isn't too far out of the ordinary. Every year the government provides these cash grants to help people and small businesses meet their financial goals. As a result, Americans over the age of 18 can apply for and receive government money that never has to be paid back.

Who Can Get Free Grant Money?

Government grants are available for one reason mainly. To help stimulate the economy and keep America moving forward as a competitive country. That means these grants are specifically for people and organizations that can take the money and do good things with it. However, the government also has to play a defensive role and provide this money to people who need financial aid or they will make matters worse economically. Take the mortgage crisis as an example. When millions of people defaulted on their mortgage, the economy suffered. The government must prevent that from happening.

Therefore, government grants are mostly available to small business owners (or those with an idea to start a small business), students who want to further their education, those who want to develop their professional skills. Grants are also available to those who need financial aid in order to avert a financial catastrophe, such as people in debt.

There are hundreds of government grant programs that provide billions of dollars that don't ever have to be paid back. When you access the grant database, you'll find many that you may be eligible to receive. There's no limit on the number of cash grants you can apply for and obtain, so don't let that stop you.

Instantly access to the database to get your free grant money . See how much you can qualify to receive and obtain your check in as little as 7 days.

Visit to:http://minoritygrantmoney.blogspot.com/

Source: http://EzineArticles.com/2001422

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Minority Government Grants

Governments are constantly trying to find ways to equal out the economical gap which minorities around the country experience as result of their background. The truth is that if you are a minority group such as an African American or a Hispanic or are less likely to be affluent and successful. For this reason, the government has established many different minority government grants that are available.

For minorities who are looking for some financial assistance with health care, education, or job searching, the government has established different grants available for these minorities. In order to gain access to these grants you need to be a qualified minority such as an African American, Native American, or Hispanic. You should also be a US citizen and have a valid social security number if you are going to apply for a grant.

Depending on your specific needs, you may choose to look at a personal minority government loan, which is meant to handle your living situation expenses. These grants can help you purchase food, clothes, and other personal items. This grant is especially useful for minority single mothers who need economic help with paying the bills and meeting their needs financially.

Other government grants for minorities are small business minority grants. These grants are meant to help minority’s start-up small businesses.

In order to qualify for a business grant from the government you should ensure that you have a proper business plan that proves your businesses viability. This will provide funds that are available for minority entrepreneurs who are looking to get their business off the ground and start making a profit.

Another very popular grant that minorities look to get is health care minority grants. These health care grants for minority people are very useful. When minorities get sick and end up in hospitals with expensive bills to pay, these health care grants are a good way for them to get the financial assistance they need.

Financial education government school grants for minorities are another important way for people to get free money. These grants are designated to help pay for the school books, tuition and living expenses for people who are attending a school or college. They are a great way to get financial support to help cover the very expensive costs of education.

If you are a minority and looking to get some financial assistance from the government then you should start applying for minority grants from the government. These grants a dedicated to helping out minorities with education, personal finance, health care, and businesses. Because a grant is free money, you don’t have to worry about getting a credit application or collateral. Getting a government grant is as easy as looking up online and applying for different grants available.

Visit >>>http://minoritygrantmoney.blogspot.com/

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Minority Government Grants

Free Minority Grants For Personal Use and Business

The government and private foundations provide millions of dollars in minority grants for individuals who can use some free cash to help with their personal expenses. There are many opportunities and way for minorities to get free grant money, which most people are unaware of. Once you've tapped into the right resources, you'll realize just how easy it is to get some of these minority grants that you never have to pay back.

So what can you use minority grants for?

There are grants for minorities that can be used for many purposes and personal expenses. The list is too long to document in a short article, but the links below will give you access to a database containing the government and private foundation grants that minorities can qualify to receive. This includes:

- $20,000 Minority Education Grants
- $50,000 Grants for Minority Business Owners
- $12,000 in Free Grant Money for Minority Home Owners

There are hundreds of programs and many ways for minority individuals to receive multiple grants. There's no limit on the number of grant programs you can apply for or receive, and as long as you are approved and spend the money in accordance to the grant terms, you will never have to pay the money back.

Applying for minority grant money does not require a credit check, down payment or any kind of collateral. you do not even need a cosigner. Because grants are not loans, the application process does not require these types of background checks. You simply submit your application to see how much you can qualify to receive.

Visit to http://minoritygrantmoney.blogspot.com/

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college scholarship application forms

college scholarship application forms

Dear Sir or Madam: The Missouri Insurance Education Foundation, established in 1991, is supported by insurance companies located in Missouri. One of the goals of the Foundation is to award scholarships to deserving students attending Missouri colleges or universities in a program that could lead to positions in the insurance industry in Missouri. (You may save the attached document to your disk and edit it directly in Word before printing it or print the blank document and submit it typewritten. Handwritten and/or incomplete applications will NOT be considered.) In honor of the longest serving Director of the Department of Insurance of the State of Missouri, C. Lawrence Leggett, the Missouri Insurance Education Foundation has established the C. Lawrence Leggett Scholarship in the amount of $2,500 to be awarded to a junior or senior Missouri resident majoring in insurance or a related area of study in a Missouri college or university. Also, the Foundation has made available additional scholarships in the amount of $2,000 to be awarded to junior or senior Missouri resident college students majoring in insurance or a related area of study in a Missouri college or university. We are proud to make this announcement and enclose instructions and application forms for the C. Lawrence Leggett and the Missouri Insurance Education Foundation Scholarships. Please have qualified applicants complete and return the applications by March 31, 2012 so that the Scholarship Committee can complete the selection process by mid-April. Applications postmarked after March 31, 2012, will not be accepted. Thank you for your assistance. Very truly yours, Lewis E. Melahn Scholarship Chairman C. Lawrence Leggett Scholarship And Missouri Insurance Education Foundation Scholarship Purpose: To provide scholarships to deserving Missouri resident business students majoring in insurance or a related area of study in a Missouri college or university. Award Components: One (1) $2,500 scholarship and an individual certificate will be awarded to the applicant of the C. Lawrence Leggett Scholarship and Five (5) $2,000 scholarships and an individual certificate will be awarded to the applicants of the Missouri Insurance Education Foundation Scholarship with selection made by the Missouri Insurance Education Foundation Scholarship Committee. Criteria: Applicant must be a Missouri resident. Applicant must be a junior or senior at an accredited college or university in Missouri during the fall semester of year 2012. Applicant must be majoring in insurance or a directly related field of study. Applicant must be a full-time Missouri college/university student. Applicant must demonstrate scholarship -- in the complete sense -- consistent with capacity and circumstances. The applicant should have a minimum grade point average of 2.5 out of 4.0. Preference may be given to a student who demonstrates financial need. Application Process (Applicant must submit): Completed typed application form (handwritten and/or incomplete applications will notbe processed). Application form also available on our website: www.mief.org Letter of application addressed to the Scholarship Committee of the Missouri Insurance Education Foundation containing a brief explanation of career goals and biographical (background) information. One (1) letter of recommendation from college professor or former employer supporting the application. A complete college transcript. A financial needs form only if you desire to demonstrate financial need. Deadline for application is March 31, 2012. Applications postmarked after this date will not be considered. Submit application packets to: Scholarship Administrator Missouri Insurance Education Foundation P.O. Box 1654 Jefferson City, MO 65102 Email to miis@midamerica.net Download Scholarship Application form here source- http://www.mief.org/collegeapp.htm visit to- http://minoritygrantmoney.blogspot.com/ Tags- southern state community college scholarships how to apply for a scholarship for college college scholarship application template college scholarship grants college scholarship applications college scholarships scholarship applications

college scholarship application forms

college scholarship application forms

Dear Sir or Madam: The Missouri Insurance Education Foundation, established in 1991, is supported by insurance companies located in Missouri. One of the goals of the Foundation is to award scholarships to deserving students attending Missouri colleges or universities in a program that could lead to positions in the insurance industry in Missouri. (You may save the attached document to your disk and edit it directly in Word before printing it or print the blank document and submit it typewritten. Handwritten and/or incomplete applications will NOT be considered.) In honor of the longest serving Director of the Department of Insurance of the State of Missouri, C. Lawrence Leggett, the Missouri Insurance Education Foundation has established the C. Lawrence Leggett Scholarship in the amount of $2,500 to be awarded to a junior or senior Missouri resident majoring in insurance or a related area of study in a Missouri college or university. Also, the Foundation has made available additional scholarships in the amount of $2,000 to be awarded to junior or senior Missouri resident college students majoring in insurance or a related area of study in a Missouri college or university. We are proud to make this announcement and enclose instructions and application forms for the C. Lawrence Leggett and the Missouri Insurance Education Foundation Scholarships. Please have qualified applicants complete and return the applications by March 31, 2012 so that the Scholarship Committee can complete the selection process by mid-April. Applications postmarked after March 31, 2012, will not be accepted. Thank you for your assistance. Very truly yours, Lewis E. Melahn Scholarship Chairman C. Lawrence Leggett Scholarship And Missouri Insurance Education Foundation Scholarship Purpose: To provide scholarships to deserving Missouri resident business students majoring in insurance or a related area of study in a Missouri college or university. Award Components: One (1) $2,500 scholarship and an individual certificate will be awarded to the applicant of the C. Lawrence Leggett Scholarship and Five (5) $2,000 scholarships and an individual certificate will be awarded to the applicants of the Missouri Insurance Education Foundation Scholarship with selection made by the Missouri Insurance Education Foundation Scholarship Committee. Criteria: Applicant must be a Missouri resident. Applicant must be a junior or senior at an accredited college or university in Missouri during the fall semester of year 2012. Applicant must be majoring in insurance or a directly related field of study. Applicant must be a full-time Missouri college/university student. Applicant must demonstrate scholarship -- in the complete sense -- consistent with capacity and circumstances. The applicant should have a minimum grade point average of 2.5 out of 4.0. Preference may be given to a student who demonstrates financial need. Application Process (Applicant must submit): Completed typed application form (handwritten and/or incomplete applications will notbe processed). Application form also available on our website: www.mief.org Letter of application addressed to the Scholarship Committee of the Missouri Insurance Education Foundation containing a brief explanation of career goals and biographical (background) information. One (1) letter of recommendation from college professor or former employer supporting the application. A complete college transcript. A financial needs form only if you desire to demonstrate financial need. Deadline for application is March 31, 2012. Applications postmarked after this date will not be considered. Submit application packets to: Scholarship Administrator Missouri Insurance Education Foundation P.O. Box 1654 Jefferson City, MO 65102 Email to miis@midamerica.net Download Scholarship Application form here source- visit to- Tags-