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Old May 9th, 2008 -   #4 (permalink)
spudlauncher
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Default Re: Are government small business grants worth the time?

They can be worthwhile, but you'll have to shell out alot of time and energy on it.
If you're new, it can be very rewarding, even if you don't get it.

I tried out for a government grant three times, and got it on the third attempt.
Unfortunately there are some things you have to realize, that all that glitter isn't gold.

First off, don't expect a lot of money, becuase you are expected to shell out your own money as well. If you're young, under 25 or so, you'll also get less money, I only got 1500 for a lawnmowing business i started as a kid.

Last but not least, you don't have freedoms, you'll be expected to do a lot of paperwork, and once the season is over, you gotta do even more paperwork and report back, etc.