Funding for your Business - SBIC and Government Grants

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FUNDING FOR YOUR BUSINESS SBIC AND GOVERNMENT
GRANTS
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Introduction

• Capital or funding is what you need to start your
  business.

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Where do you get funding for your business?
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What do they have in common?
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• All of the aforementioned companies received seed
  money from SBICs, i.e., Small Business
  Investment Company.

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Part 1 SBIC
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SBIC - Introduction

• There are about 450 SBICs all over the USA.
• Each one is licensed and regulated by the SBA
  The Small Business Administration.
• While they are owned by the SBA, they actually
  are a privately owned and managed investment firm
  that provides venture capital and startup
  financing to small businesses.

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SBIC Funding History

• The Small Business Investment Company has
  provided nearly 30 billion in financing (both
  loans and equity investments) to 90,000 small
  businesses since 1958.

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SBIC The Advantage

• Each SBIC is free to define its own area of
  interest. Some specialize in specific industries,
  geographic areas or personal interests of the
  fund managers. 

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SBIC The Advantage

• Unlike many venture capital (VC) outlets that
  demand quick returns, SBICs have developed a
  reputation as providers of patient capital that
  small companies need to develop products and
  foster growth over time.

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SBIC - Summary

• Privately owned and managed investment firms that
  provide venture capital and startup financing to
  small businesses.
• They are free to choose the field of funding.
• Patient with small businesses that need to
  develop products and foster growth over time.

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Part 2 Government Grants
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Government Grants

• Grants are like free money for small businesses
  Unlike loans and other debt, grants dont
  typically require you to pay anyone back.
• Of course, finding and qualifying for public or
  private funds takes some effort.
• Here are five potential sources of grants for
  small enterprises and entrepreneurs.

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State and Local Agencies

• The Federal Government doesnt offer grants to
  small businesses.
• However, state or local governments may offer
  other financial-assistance programs, such as
  low-interest loans.

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Federal Funding

• The US Government offers specific funding, many
  of whom are available to small businesses and
  entrepreneurs. Examples include

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Federal Funding

• Health-Related Research

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Federal Funding

• Green Product Development

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Opportunity Fund

• This California nonprofit offers a mix of
  microloans, microsavings, and commercial real
  estate financing to small businesses in the San
  Francisco Bay Area

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Amber Grants

• The Amber Foundation Grants have been supporting
  women entrepreneurs since 1998.
• The grants, usually 500 to 1,000 each, are
  intended to help with the small but essential
  expenses that can help women entrepreneurs start
  their own business.

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Love a Local Business

• Intuits Love a Local Business grant competition
  has given more than 1.1 million to winning small
  businesses since its inception.

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Love a Local Business

• The winning business receives a 25,000 grant.

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Summary

• Small Business Investment Companies (SBICs) are a
  marvelous financing opportunity for promising
  early stage ventures investigating grants to
  start a business and alternative forms of small
  business start up capital.
• Grants are like free money for small businesses
  Unlike loans and other debt, grants dont
  typically require you to pay anyone back.
• There are various sources of grants

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• To know more on Government Grants, kindly visit
  -
• http//www.allamericangrantguide.com/

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• Thank You!