I recently started a small business. Are there any grants available for small business for start-up costs?

Chelle Haynes: I recently started a small business. Are there any grants available for small business for start-up costs?
I am interested in learning about legitimate grants for small businesses (or women owned businesses) to help with start-up costs for equipment (computers, fax machine, printer, etc.) and advertising. I have a business plan, Tax ID Number and all of the basics completed, however, I need help with additional funding without having to take out a loan until I gain clients. Any information is appreciated.

Answers and Views:

Answer by Steve D
Your best bet is to check with your state’s Economic Development agency – although the Federal government does not provide start-up grants, they do provide block grants for economic development to state’s and some of this money may be used by the various states to help fund start-ups. Be advised that many states have reduced and/or eliminated these programs due to the tight budgets brought about by the recession and that the only recourse you may have is to approach a lender about a business loan. If so, be prepared to complete a business plan (which would be useful even if you do not need a loan as it will provide short- and long-term guidance for you in terms of where you see your company going).

Answer by Henry
Go to https://grants.gov/ and follow the instructions. You will find that unless you are a nonprofit, in basic research or daycare, there are no grants for a small business.

Answer by Landlord
There are no grants to start a business. You can apply for government loans though, has information for small business loans.