From time to time I usually come across some news about our government giving out free loans, to business owners and young entrepreneur. Over time various grants has also come up for business owners. I have never been able to join in on any of them because my business has not been registered. Have you ever received money from these channels?
Have you ever gotten government grants/loans for your business?
- Thread starter eldavis
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- #3
Yea I understand, having an extra cash from the government would definitely help but from what I have seen, it seems most times politics is also involved as most times they don't even let the public know about this opportunities, they only give it to their own persons.
Agree with that, There's a nepotism style in a sponsorship like that which is very anomalous and unprofessional. There are governments like that using their power to cheat people for their own interests.
Truly speaking I did not tried to get any loan from government. Most of the time I thought that it will be good for me if I will take the loan and start my own business, but due to certain non explained fear yet I didn't taken any.
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- #8
Most of these loans or grants the government give to business owners are usually very given without any from of interest or you do not have to pay back, especially the grants. It's a form of empowerment to young entrepreneurs.
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- #10
True taking loans is a never a good idea, but for registered business, there are times the government give out free grants as a from of support or help, though due to corruption it might be hard for most persons to qualify.
I believe that those who are really in need have already received government loans for their businesses. Since I am not a business owner yet, I can't be sure. I have yet to find out.
It is very difficult to access government loans. It seems like those programs are meant for the elites who are already rich.
I don't want any grants from government to help run my business because I would never get it no matter how hard I try.
