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the Article
As Seen in
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Black Professional and
Small Business Magazine 4/07
Discover How to Obtain Minority Business Grants or Black or Hispanic Business
Grants in the Digital Divide
Bulletin Board
Click Here
Check Out the Digital Divide Bulletin Board for:
Finance
FAQ's on How to Obtain a Black - Hispanic - Women's or Minority Business
Grant
How
do I really receive a minority business grant for a Black - Hispanic
- women's or disadvantaged Business?
The
best way to receive a minority business grant is to be a nonprofit organization
with a goal to help the public good, advance a leading edge technology,
or promote economic development in some way. Profit orientated businesses
will probably need to secure a microloan, SBA loan, or equity loan of
some sought to gain financing. There are some minority business grants
based on business competitions available. I report these business
grants from time to time. Join the Keep it Real... Profitable ezine
to get a regular list of grants available.
Why
do I see all these claims about trillions of dollars in grant money
available from the government and private companies? Are any of these
claims legit?
There
are billions of dollars available from the government and major corporations
in minority business grants and loans. Much of the grants available
for minorities are really government contracts set aside for minorities
or disadvantaged businesses.
However,
you will need to do the proper paperwork, appeals, and have a business
plan to obtain these loans or grants. See our minority business grant
and loan sections to find out more these funding sources and resources:
Minority Business
Loans Click Here for Minority
Business Grants click here
How do I prepare my business to get business grants
or loans?
An excellent book to learn how to develop a business
plan, set up your books, and get financing and major government or corporate
contracts is The Complete Startup Guide for the Black Entrepreneur
by Bill Boudreaux.
I advise any minority entrepreneur to read this book,
it is a great resource to find microloans to get your business started.
See my Review of the Book...
Click Here.
This book is the best book I ever read on starting a Black or minority
business.
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Basic
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Interesting Stories about Oprah
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Get Money For Your Business
Capital Business Plan Competition
The following business finance and angel investing event for minority business seems very promising. I don't know if it has a track record or is worth the $195 investment but I hope it does. It is a business plan competition which aims to put the winners and noteworthy in front of angel investors.
If you don't already know angel investors are usually individuals with high net worth who are willing to invest in your company with a partner or equity position. They are called angels because they are less into traditional issues like credit score, collateral, or your personal net worth in evaluating whether or not to invest in your company. Unlike banks which look very closely at this criteria, angel investors are more driven with a promising business idea and if you or your management team can carry the company's vision out...
Get More Info Click Here
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How to Transform Your Web Site into a Profitable
E-business Free Click
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The Proud Home of the Worlds 1st Black
Business Ezine on Black - Hispanic and Minority E - Business
also the Home of the 1st Business Blog for Minority
- Hispanic and Black business web
marketing
Mission Statement
The
goal of Einfonews is to be a comprehensive resource to address the unique
challenges of Black entrepreneurs, minority entrepreneurs, Hispanic
Businesses, ethnic or small business persons. If you are looking to
use the Internet and digital technology to run profitable On-line businesses
signup for one of our newsletters. Furthermore, we want to help traditional
minority and small businesses use the Internet as a sales and marketing
tool to help expand their sales channels.
Our
goal is to help small, minority, hispanic and Black entrepreneurs, excel
on-line. We
warmly encourage and seek to Fast Track small business people (of all
backgrounds) to E-business Success.
As small businesses or minority entrepreneurs
we have to learn a great deal about financing and using low cost sales
channels like the Internet to survive in business. Our unique focus
on both obtaining financing and directional web marketing is really
timely for any small or minority business persons struggling to get
a handle on real deal minority business grants, SBA loans, small business
loans and overall e-commerce.
Therefore, we focus a good deal of our content on financing and
a good marketing plan because these are two of the biggest hindrances
to small, minority, or Black business success. We also
feature web marketing articles, business book reviews, and black business
and minority business briefs, to give you the information you need to
succeed in business today.
Many
of the techniques and info that we reveal on this site is relevant for
traditional off-line businesses as well. For these reasons our motto
is Bridging the Digital Divide in ebusiness. We also cut through
the techno-babble and geek speak to teach E business skills with excellent
free on-line training courses.
We
feature articles by some of the most successful entrepreneurs on the
net. Our mission is to inform and empower you for unstoppable e-business
success!
New
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The Complete Startup Guide for the Black Entrepreneur
by Bill Boudreaux Editor's Choice
for Top Book on Starting a Minority Business Get the Scoop on Getting
Minority Business Loans, Grants, Setting Up Your Company, Putting Together
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Sign Up for
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Tricks.
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Learn the Real Deal on financing and growing your online
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