Hi all, my business partner and I have started a small business. We have been operating about 18 months now and are really struggling to create consistent cash flow. We started the business with very little money and capital has always been an issue as we both did not have much cash when we begun. That being said the business is growing, but slowly. We are trying to look into federal, state and local grants however are struggling to navigate where we should be applying and what is actually worth our time to apply for. We are located in the Midwest of the US. Any advice and pointing us in the right direction would be appreciated.
Just for general information to everyone else. He’s in the reef keeping industry. He wants a grant. He needs to go to the NOAA and apply for a crcp grant. Crcp is the coral reef conservation program. They award grants based upon competitions that are offered periodically throughout the year. Need to have three different types of government accounts to set up your business entity and designation. Then you have to follow through and find a competition that aligns with you and your efforts. The amount of the grant depends on the crcp offered at the time.
If anyone else is looking for help in this area, feel free to send me a chat request and I’ll walk you through it.