Posted: May 2nd, 2022

Conduct an internet search for government agency-backed grants (not loans) for small businesses in your local area

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S‌‍‍‍‌‍‍‌‌‍‍‍‌‍‍‍‍‌‍‍tep 1 Conduct an internet search for government agency-backed grants (not loans) for small businesses in your local area (municipal, state, county, or country level). the country should be united kingdom Step 2 Select two grants that look appealing to you and look at the criteria and application process to see what information is required, deadlines, and what the expected turnaround is. Step 3 Write a summary description of each grant and answer the following questions: What is the qualification criteria for applying? (e.g. is it targeted to any particular type of business or business owner or is it limited to a particular size of business?) How much money is the grant for? What information is required to apply? Are there any other requirements? Step 4 Next, answer the following questions: Which of the grants you selected seem easier to apply for tha‌‍‍‍‌‍‍‌‌‍‍‍‌‍‍‍‍‌‍‍n the others? Write a critique about the complexity of each application. Are there elements required for the application that would need to be created by the business especially for the application? Describe what they are and why this would increase the effort needed for the application. What do you think the competition would be for the grants you selected? (. how broad or narrow is the qualification criteria?) For each grant, what is your assessment as to whether the time and effort to apply the grant would be worth winning it? Why or why not? Step 5 This activity gave you an opportunity to explore your local business grant landscape and determine if applying for any is worth the time and effort. You should have written a narrative summary of the two grants you selected and answered the questions to compare the ease of application. Finalise your narrative summary and critiqu‌‍‍‍‌‍‍‌‌‍‍‍‌‍‍‍‍‌‍‍e

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