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

Agriculture and Food Research Initiative: National Institute of Food and Agriculture Fellowships Grant Program
The Agriculture and Food Research Initiative grant program revolves around the premise of providing funds to both fundamental and applied research studies, education, and extension that would hopefully address concerns related to food and agricultural sciences.

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Cancer Research Network: a Research Resource within Health Care Delivery System
In cooperation with the National Cancer Institute, the National Institute of Health has recently announced a funding opportunity to support the Cancer Research Network(CRN) in its quest in reshaping the its organization to become a more broader resource for cancer researchers.

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Minority Business Enterprise Centers for Minority-Owned Businesses
The The Minority Business Development Agency has recently constituted the Minority Business Enterprise Centers (MBEC) Program wherein it aims to support minority-owned businesses by providing them with electronic and one-on-one business development services for a reasonably nominal fee.

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Law & Social Sciences Program
In line with this mission, the NSF has constituted the Law & Social Sciences Program wherein it aims to solicit proposals that will address social scientific studies of law and law-like systems of rules.

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