Governments of different countries provide grants for various purposes. When a country’s economy is under threat or government is trying to make the economy stable then government grants are provided to individuals in order to starting own business or to modify it. But a matter of great regret is that maximum people of a society are not well known about these grants. These have not been advertised. The main facility to take grants is that the government will never want it back from you. Free government grants are now available for business, training, management, education etc.
Any matured one with 18 years of age can be able to apply for educational loans or grant. In several sectors, there is availability of educational grants. There are huge amount of loans or grants are available for college or university students. Students those wish to become a teacher are also provided. Full free tuition fee is available for white students those want to go to black school. Students of graduation courses from math, science and health are provided with special grants. There is money available for parents those want that money for their childÃs schooling. For American Indians, grants are provided only for going school. Students from needy families are always provided with massive grants.
Government grants for small business are another source by which one can try to change his or her fate. Grants are provided for different sorts of small business. If anyone wants to start a business from home, he will surely be provided as well as who wants to start a foreign business. Expanding of business is also can be done with the help of government. In case of teenagers, there is a special funding of government to provide. If anyone wants to hire more employers, he or she may have this free money. Those who hired a handicapped one will surly be provided more than before. Government also tries to raise the interests of people in real estate business by providing grants in this sector. Basically, home improvement grants are available mostly in the rural area. Government provides free money as well as loans to make new homes. Repairing purposes are also gifted. These options are available to people only to ensure that each and every one is capable of giving house rent or making his or her home. Only aged people and comparatively poorer ones are eligible to apply for these grants. This is part of a master plan of government to make maximum people self dependent.
Different countries have different schemes for granting the people who are actually interested in money investment in various business purposes. In England, there is one example: GBI (Grants for Business Investment). The basic purpose of governments for this scheme is community development as well as increased transportation and forming economic balance. People want to make stock, improvement of facilities, construction, lease etc only for business purposes can be gained by these schemes. About the fact of federal grant money, only few lucky ones can achieve those. Normally, institutions or organizations are benefitted from these grants. But, government will assure far better monitory board than any other to watch the activity of those granted organisations. Minority grants are provided in different schemes by different governments. Governments try to make the lifestyle of minorities easier and cheap by providing many facilities like: women grants, special retirement grants, home buying grants, alcohol rehabilitation grants, child care grants, credit card debt grants etc. At last one must understand that always government tries to recover the economic conditions of poorer ones. Grants are parts of that attempt. The real needy ones should get benefitted by these government grants and loans. These are all about different sorts of grants provided by government.