Sunday, December 6, 2015

Funding Opportunities

At the moment we think about starting a company and we need an extra financial help to finally open its doors to the public, we need to start looking for the right organization that can help us. Today, I want to share with you valuable information about two entities that can help on this.

The first one is the U.S. Economic Development Administration (EDA).  This department takes care of the economic development.  For the past 50 years, they have been developing different programs for job creation. They give grants for people interested in open their own business or that already have one. The application for this funding opportunity is located at grants.gov. If you are interested in this you can apply now because they are going to work with you since you apply until the day of the final decision.

Also, EDA has webinars and blogs about entrepreneurship. They give you the opportunity to stay connected with them. They are always giving information about grants and funding on social media, blogs, news and press releases that you can find in their website.

The second one is National Community Investment Fund (NCIF). This nonprofit investment fund invests on the banking industry to facilitate business opportunities. NCIF wants to change the financial situation of different communities and small businesses. They offer the opportunity to people who want to invest in this program to increase the help fund.

In their website, you can find different information about how they have been dividing funds between banks. They also have a huge database of the different U.S. banks that make part of this organization and are receiving funds to help small business. They have leader conferences to see other ways to increase access to financial opportunities.

As you can see, these two organizations develop different programs to help increase job opportunities by the creation of new businesses. If you were lost and didn’t know how to start looking for financial help, here are two opportunities. However, they are not the only institutions that can help you with this. You need to know that they always want to see if you are innovating and creating new jobs.

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