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While a grant may not accrue interest or require a commission to the provider, small businesses should understand the subtleties of accepting grant money from state and federal agencies. |


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Government Grants
While the scope of this article is concerned only with federal or government grants, essentially, a grant is a financial award that does not have to be paid back. As such, it is not a loan, and although it comes from the Federal Government, it is not considered governmental assistance. Rather, grants are awarded to those who perform specific tasks that the government supports.
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Free Grants for Home Repair
Owning a home is an expensive venture. If the mortgage and the cost of homeowner’s insurance does not leave you wishing for a second job, the repair bills will. Older homes or those in need of an addition for a growing family can quickly turn into a money pit. As the cost of materials and labor go up, it is becoming increasingly harder for hard working families to find the money for home repair. Fortunately the federal government has set aside money to be used for grants.
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Things to Do Before You Apply
A free government grant is an ongoing federal program written and allotted in the U.S. national budget. Government grants are given to citizens of the United States as general funding for meaningful community and state-wide projects as well as individuals who need financial aid and benefits. Although government grants are considered free money to some people, the U.S. government does not give grants away easily.
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