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Granting Your Wishes

Award money can help finance your start-up, but be careful in taking its availability for granted.

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This story appears in the September 2002 issue of Entrepreneur. Subscribe »

Q: Where can I find reliable grant sources for starting my own homebased IT consulting business, and what are my chances of receiving funding from them?

Name withheld

A: Grants for starting a business are few and far between. A search through The Catalog of Federal Domestic Assistance ( www.cfda.gov ) will lead you to two types of grants: one for rural businesses and one for minority business enterprises. However, even for these, there are qualifiers.

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