Have you felt that you could have owned a successful business if you just had the right kind of financial support? You are not alone. There are many dejected individuals out there who feel down because they do not have the amount of money required to start a business. Small business grants in New Hampshire are in the existence for a long time but there is not much awareness on the topic amongst the people. These grants offer a sum of money to entrepreneurs who need it to start their business.

Why should I go for Business grant when I can easily get a bank loan?

Many people feel that opting for small business grants in New Hampshire require a lot of paperwork and dismiss the idea. Yes bank loans are easier to get but they have to be repaid in a few years down the line. No one would want a nagging debt at the back of their mind while starting up their business. Besides many bank asks for some kind of guarantee before giving you the loan. You might have to own a property or land of some kind to be eligible for their loans. Weighing the pros and cons, a business grant is your best bet.

The government has done a fantastic job with the small business grant scheme. It gives encouragement to young minds like never before. It has removed a big obstacle from the path of an aspiring entrepreneur and made him take his first step into the world of business.

Recently opened grants in New Hampshire

Building U.S.-India Connections through Dance

Department of StateDate for applicants: Jun 26, 2012 – Jul 17, 2012
Award Ceiling: $75,000
Award Floor: $15,000
Expected Number of Awards: 1
Category of Funding Activity: Arts
Agency Name: U.S. Mission to India
Contact Person: 91-11-2347-2302 New Delhi CAO Grants

Judicial Strengthening to Improve Court Effectiveness (JUSTICE) Project

USAIDDate for applicants: Jun 25, 2012 – Jul 25, 2012
Estimated Total Program Funding: $20,000,000
Award Ceiling: $20,000,000
Expected Number of Awards: 1
Category of Funding Activity: Law, Justice and Legal Services
Agency Name: Philippines USAID-Manila
Contact Person: Ma. Belinda Y. de la Torre (63)(2) 552-9927

BLM Colorado Mining Heritage of the San Juan Mining Districts, Hinsdale and San Juan Counties.

Department of Homeland Security logoDate for applicants: Jun 25, 2012 – Jul 02, 2012
Estimated Total Program Funding: $70,000
Award Ceiling: $70,000
Expected Number of Awards: 1
Category of Funding Activity: Other
Agency Name: Bureau of Land Management
Contact Person: Ruth A Raisanen, 303-239-3605

PPHF 2012: National Diabetes Prevention Program: Preventing Type 2 Diabetes Among People at High Risk financed solely by 2012 Prevention and Public Health Funds

health logoDate for applicants: Jun 22, 2012 – Jul 31, 2012
Award Ceiling: $2,000,000
Expected Number of Awards: 8
Category of Funding Activity: Health
Agency Name: Centers for Disease Control and Prevention
Contact Person: 770-488-2700 General Submission Inquiries

Malawi Local Capacity Development Initiative

USAIDDate for applicants: Jun 05, 2012 – Apr 26, 2013
Estimated Total Program Funding: $20,500,000
Award Ceiling: $1,500,000
Expected Number of Awards: 6
Category of Funding Activity: Agriculture, Education
Agency Name: Malawi USAID-Lilongwe
Contact Person: Joseph Tembo 265177245

Are Small Business Grants suitable for any kind of people?

Anyone is eligible to avail small business grants in New Hampshire as long as they have a proper business plan. These grants are ideally suited for women and young entrepreneurs who are not usually supported otherwise. The introduction of small business grants has encouraged many women to come out of their home and implement their ideas into action. This is a great initiative by the state government and some other organizations which offer business grants.

Is getting a business grant really that difficult?

A common myth surrounding business grants is that they are very difficult to avail. This only reveals that people have poor understanding about business grants and have been approaching it wrongly. A proper business plan is all you need and all other things will fall into place. You need to convince a panel of distinguished members that your business idea is worth the money that they are offering. A good business plan and a descriptive explanation to go with it will guarantee you that grant. There is a lot of paperwork involved and it is indeed a slow process. It has been that way because the government wants to make sure that this money does not reach the wrong hands. At the end of the day, you will feel that going through all the trouble was worth it.

Other details related to awards administration

New Hampshire Small Business Development Center
33 South Commercial St # 10, Manchester, NH
(603) 624-2000 ‎ · nhsbdc.org

Nh Small Business Experts
18 S Main St # 2A, Rochester, NH
(603) 330-1929 ‎ · nhsbdc.org

US Small Business Administration
34 Mechanic Street, Keene, NH
(603) 352-0320 ‎ · sba.gov

Small Business Franchise Solutions
222 International Drive, Portsmouth, NH
(800) 898-4455 ‎ · franchisesolutions.com

Small Business Coaching

45 Stones Mill Rd, Spofford, NH
(603) 363-4252 ‎ · pathofpurpose.com