Business Grants for Hispanics

Start a Hispanic Business

It is a common fact that in order to start a business venture, one requirement that should be met is money. All businesses, however big or small require a certain amount of capital. While this could prove to be such a mundane problem to white people, certain minority groups such as the Hispanic people are incapable of shelling out enough money to support their aspirations of making a venture in the market. Good thing there are business grants that are already being offered to help them out.

Business grants should not be confused with loans because there are no prerequisites to acquiring one. There is no need to make down payments or collaterals and there is no longer a requirement to complete credit checks. The Hispanic business grants are an attempt to lend a hand to the not so fortunate minority groups who cannot afford to start their own businesses. The purpose of these grants is to offer support, without anything in return.

There are lots of grants you can choose from. One option is the federal grant, a federal agency offering low interest loans, equity financing and venture capital. State grants offer loans when an applicant is unable to acquire one in a traditional method. Some agencies offer free grants to those who highly qualify. There are a whole lot more you can learn about and choose from if you can only take the time to do an in depth research.

Acquiring a business grant has now become more convenient and easier, thanks to the wonders of the internet. All you have to do now is to request for one online, by going through the entire registration and application process. You will be notified once your application has been approved.

Starting a business can be cumbersome, especially if you lack the financial resources to back it up. But thanks to business grants, you are assured a good head start.

10 Comments on "Business Grants for Hispanics"

  1. Brandon Martinez | June 10, 2010 at 1:11 pm |

    I am currently trying to open a small business and have some of the funding myself but i need extra capital in order to purchase equipment needed to open the doors. What kind of grants can I apply for to help me achieve my dream.

  2. carlosc1dbz | June 13, 2010 at 5:57 am |

    Well I am glad I read this article. Even though it only states that there are grants available and also that its a long process, but offers nothing else, like links, it was still good.

  3. alvaro nieto | June 22, 2010 at 9:30 pm |

    Am also looking to start my own bussiness, but I need a lot of help!
    I have many questions and hoping this works out for me.

  4. I recently opened a small catering company, but I am at a standstill. Although I have plenty of quote requests, the lack of space and equipment limits the orders I can take. Where can I apply for a small business grants for a hispanic woman? Hope to get some help.

  5. Carmen Mendoza | July 19, 2010 at 9:00 pm |

    Where can I apply for a small business grants for a hispanic woman? I am unable to get a bank loan, I hope I can get help.

  6. I am trying to open a home for homeless veterans that suffer from alcohol and drug abuse. Maybe some that have certain mental disabilities. How can I go about getting the funding I would need to do that. I really want to do this. I was once one of those veterans.

  7. I am needing some funding to obtain a location to run my business. Also, a few pieces of equipment.

  8. Bea Narvaez | March 4, 2011 at 8:15 pm |

    I have been a Mobile Notary Public for 5 years, I want to open an office for a more professional atmosphere, and will incorporate classes and enhancement, motivation for the minority woman, to help them become self efficient.

  9. Robert Parra | May 12, 2011 at 5:50 pm |

    I would like some information about what the process is to get a business grant to be able to open up a mechanic shop with my partner. We both together have over 35 years of automotive repair knowledge and would like to give customers safe and trusted place to bring their vehicle in for repair at a affordable price.

  10. Norma Jean Zuniga | September 27, 2014 at 2:45 pm |

    I own a small building in a downtown historic district. Plans for a coffee shop are in place. I have all the necessary equipment and furnishings. I need start up capital and would like to apply for a grant to ensure success when I open.

Comments are closed.