Virtual Business Owners Community - FAQ Center
  • F.A.Q: Grant Money for Starting a Virtual Business

    This section answers questions regarding grant money to start or expand a virtual business.

    1. What format is the application packet available?
    2. How do I pick up an application for the Victoria M. Parham, Virtual Business Startup Grant?
    3. Who may apply for the Victoria M. Parham, Virtual Business Startup Grant?
    4. I heard that VSSCyberOffice is sponsoring a business startup grant for military spouses. Is this true?
    5. Does the Federal Government Issue Grants to Start a New Business?
    6. What is a grant?
    1. What format is the application packet available? - Top

    The Victoria M. Parham, Virtual Business Startup Grant Application Packet is available for download in Rich Text Format, a universal format for both Mac and PC users. The application can be opened using any word processing software package. - Updated: March 20, 2006
    2. How do I pick up an application for the Victoria M. Parham, Virtual Business Startup Grant? - Top

    Visit: http://www.militaryspousechannel.com,

    to download an application packet. - Updated: March 20, 2006
    3. Who may apply for the Victoria M. Parham, Virtual Business Startup Grant? - Top

    This grant is currently open to active duty military spouses only. - Updated: March 20, 2006
    4. I heard that VSSCyberOffice is sponsoring a business startup grant for military spouses. Is this true? - Top

    Yes, beginning March 20, 2006 through July 17, 2006, VSSCyberOffice is sponsoring a $1000 Virtual Business Startup Grant Competition.

    The grant named in honor of Victoria M. Parham, a retired military spouse, business mentor, Army veteran, and Virtual Business Owner who over the years has worked individually and collaboratively to foster entrepreneurial initiatives and programs within the military spouse community worldwide.

    The purpose of the Victoria M. Parham, Virtual Business Startup Grant, is to encourage and foster entrepreneurship among active duty military spouses and to provide financial assistance to a military spouse who is serious about launching a compelling virtual business, that is portable, successful, and financially rewarding.

    To learn more, visit:
    http://www.militaryspousechannel.com

    - Updated: March 20, 2006
    5. Does the Federal Government Issue Grants to Start a New Business? - Top

    One of the misconceptions that most new business owners have is thinking that the government issues grants for starting a new business. The government does issue grants to fund certain programs, education and research initiatives. They don't give grants for "business start up". If they did every new startup business in America could have free money to start a business.

    One reason people get confused about federal grants is because there is a form of the government called the Small Business Administration or SBA. This section of the government is designed to assist those wanting to start or expand a business. The Small Business Administration has NEVER given free grants for business startup.

    Learn more about SBA's loan programs by visiting:www.sba.gov 

    - Updated: March 20, 2006
    6. What is a grant? - Top

    A grant typically comes in the form of cash and is used for a specific purpose. Grants can come from a variety of sources and usually do not have to be paid back. It is funding given to you for a specific area of study or research. - Updated: November 10, 2004

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