Search Site
Menu
“Free Money” Government Grants for Your New Business: Fact or Fiction?

How to fund the purchase of an existing business or the start of a new business is often the first and the most difficult question a new business owner will face.  At the Strong Firm, we have helped clients work through this question countless times and have examined a wide variety of new business funding sources. For the purposes of this blog, we will examine the option of funding a new business via government grants.

Unfortunately and contrary to the claims of many the late night infomercial pitch men, generally the government is not bending over backwards to give entrepreneurs grant money that does not have to be paid back to start a business.  While it is true that there are some small government grants available to assist a very limited number of new business owners of certain specific businesses or initiatives, the reality is that these funds can be difficult to acquire and the process in applying for and obtaining these grants is often prohibitively arduous and time consuming.   On the extremely rare times that grant funds for a specific business are available, there are so many “strings attached” that it renders the grant impractical if obtainable at all.  In all of my years of practice at The Strong Firm, I have had a great number of clients expend a significant amount of time, effort, energy, and money tracking down the government’s “free money”, and not one has landed the elusive “free money” government grant.  Our advice is simply, save the $59.99 to $129.99 cost of these books and packages and the months, if not years, it could take to chase the dream of a “free government grant” and invest that time and money in pursuing more proven sources of business funding, such as traditional and SBA funding.  If you insist, however, on determining if there are actually any government grants available that could assist you, pass over the infomercial books and programs and simply visit  www.grants.gov , the official US Government website outlining available government grants directly.

Eric R. Thiergood, Sr.

Phone: 281-367-1222

Fax: 281-210-1361

[email protected]

Leave a Reply

Your email address will not be published. Required fields are marked *

Contact a Dedicated Texas Business Lawyer To Schedule a Consultation
Call 281-367-1222 or contact us online to schedule a meeting.

Strong In Action

  • Spring 2019

    The Strong Firm represents borrower in $42.3 million HUD construction loan for multifamily real estate development in Walton County, Florida.

    Read More
  • Spring 2019

    The Strong Firm acts as legal counsel for borrower in $32.1 million HUD construction loan for multifamily real estate development in Conroe, Texas.

    Read More
  • Spring 2019

    The Strong Firm aids borrower in $31.7 million HUD construction loan for multifamily real estate development in Nueces County, Texas.

    Read More
  • Spring 2019

    The Strong Firm represents borrower in the refinancing of a $3.57 million commercial mortgage-backed security for a commercial office facility in Montgomery County, Texas.

    Read More
  1. 1
  2. 2
  3. 3
  4. 4
  5. 5
  • Peer Rated 2019 Award

Recent Blog Posts

2019 Legislative Update – Texas POA Laws

In odd numbered years, Texas property owners associations (POAs) must consider any new laws affecting POAs that became effective following the Texas legislative session earlier that year. For 2019, a few such laws recently went into effect specific to residential POAs (but excluding condominium associations). HOUSE BILL 234 – Protection of
Read More
2019 Legislative Update – Texas POA Laws

Wrapping Up a Decade: Meaningful New Year’s Resolutions

As 2019 comes to a close, it’s a good opportunity to reflect on what we’ve accomplished and make resolutions for what we hope to do in 2020. I have never been a fan of New Year’s resolutions as they often seem like short-term, immeasurable goals. Things like “I am going
Read More
Wrapping Up a Decade: Meaningful New Year’s Resolutions

Not Worth the Paper It’s Written On

We have all heard the saying that something is “not worth the paper it is written on.”  This is usually said about a contract that is unenforceable or even if enforceable, it may have no value because the party has no ability to pay or perform under the contract.  Many
Read More
Not Worth the Paper It’s Written On

“So…What Happens to My Bitcoin When I Die?” Modern Estate Planning for Digital Assets and Cryptocurrencies

Millennials have complicated everything. Socializing in person wasn’t enough, so they created Facebook. Dollars weren’t enough, so they created Bitcoin. Every new app, technology or cryptocurrency brings with it more uncertainty legal uncertainty around these digital assets. Are they currency? Are they property? Can they be gifted? Can they be
Read More
“So…What Happens to My Bitcoin When I Die?” Modern Estate Planning for Digital Assets and Cryptocurrencies
  • Video Vault


    Watch videos done by our legal team to gain a better understanding of your legal needs. Our lawyers give video insight into areas such as Real Estate, Business Law, Mergers & Acquisitions and much more.

Pay Retainer Online

Use our easy-to-use and secure online payment feature.
We accept all major credit cards.

Pay Your Retainer

Contact us

Quick Contact Form