How The Government Can Help Your Small Business

by: Iola Bonggay

Did you know that the United States government can help you seek financial assistance for your small business? Yes, the government does that, and it has been successfully doing so since 1953.

Perhaps if you're looking for a way to help your business grow, now would be a good time to understand how the government can help you with your small business needs.

In order to obtain a thorough comprehension of the process, let me first introduce you to the government's leading agency that is responsible for assisting the nation's small businesses, the United States Small Business Administration.

The United States Small Business Administration, otherwise known as SBA, is a United States government agency that was established on the 30th day of July, 1953.

The Small Business Administration is largely responsible for providing indirect financial assistance to entrepreneurs and small business establishments. In most cases, the primary role of the SBA is to provide several financial assistance programs to small businesses that have been specially designed to meet essential financing needs.

In order to do this, the SBA has constituted a number of loan programs and financial assistance strategies that have been thoroughly created to suit the needs of entrepreneurs and small business enterprises.

Among all of these programs, the three-most fundamental forms of assistance that is offered by the SBA are that of Guaranteed Loan Programs, Bonding Programs, and lastly, Venture Capital Programs.

How can these programs specifically help you, you ask?

For starters, the Guaranteed Loan Program will work in a way that the SBA will help you seek financial assistance, instead of directly providing you with one.

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How The Government Can Help Your Small Business
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About The Author Iola Bonggay is an editor of TopGovernmentGrants.com one the the most comprehensive Websites offering information on government grants and federal government programs. She also maintains Websites providing resources on environmental grants and grants for youth programs.

Additional Resources

category - Applying for a Grant

National Institute of Environmental Health Sciences: Centers for Oceans and Human Health
The National Institute of Environmental Health Sciences has recently established a funding opportunity entitled Centers for Oceans and Human Health which provide linkages between members of ocean sciences and biomedical communities in the hopes of supporting interdisciplinary studies in areas where thorough understanding of marine processes and ecosystems harbor the potential to reduce public health risks.

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Coastal Impact Assistance Program
The Fish and Wildlife Service has recently established the Coastal Impact Assistance Program wherein the agency will provide a ceiling budget amounting to $250 million to be utilized in conservation, protection, and preservation projects of coastal areas, including wetlands.

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National Institutes of Health: Expanding the Encyclopedia of DNA Elements in Human and Model Organisms
The National Institutes of Health, in cooperation with the National Human Genome Research Institute, has established a funding opportunity to support the Expanding the Encyclopedia of DNA Elements in Human and Model Organisms project.

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What You Need To Know About Grants.Gov
Grants.gov is one the largest websites that features at least 1,000 grant programs from 26 different federal grant-making agencies in the United States.

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