Your Questions About Sustainable Energy Companies
Daniel asks…
Does anyone know any grants to boardgame inventions?
I have invented a boardgame for anyone who wants to speak other languages. It enables you to speak a different language after you have finished the game. I have tried to contact invention promotion companies in the states but they require you to pay up front $680 for processing fee. I dont have that money. So i stopped communicating with them. I’m looking for someone who could help me finance my project so i could patent it and show it to an annual toy fair in New York.
admin answers:
It is hard to find grants to start a business. Or for supporting game inventions. If your invention supports sustainable energies, you may be able to find some grants. Unlike the myths that some perpetuate, federal government and even private foundations hardly give grant money for a for-profit business.
Nonetheless, you can go to the Catalog of Federal Domestic Assistance (CFDA) http://www.cfda.gov and Grants.gov http://www.grants.gov – these are two sites created by the federal government to provide transparency and information on grants. Browse through the listings and see if you can find any grant that would support a for-profit venture.
Even SBA does NOT give out grants. From the SBA website http://www.sba.gov/expanding/grants.html
“The U.S. Small Business Administration does not offer grants to start or expand small businesses, although it does offer a wide variety of loan programs. (See http://www.sba.gov/financing for more information) While SBA does offer some grant programs, these are generally designed to expand and enhance organizations that provide small business management, technical, or financial assistance. These grants generally support non-profit organizations, intermediary lending institutions, and state and local governments.”
Here is a listing of federal grants for small businesses. See if there is any available for individuals for starting a business — THERE’S NONE.
Http://12.46.245.173/pls/portal30/CATALOG.BROWSE_BENEF_RPT.show
Most of the federal grants are given to specific target groups with specific requirements (e.g. Minority business owners involved in transportation related contracts emanating from DOT – Grant#20.905 Disadvantaged Business Enterprises Short Term Lending Program
Grants are also often given to non profit groups or organizations involved in training or other similar activities (grant 59.043 Women’s Business Ownership Assistance that are given to those who will create women’s business center that will train women entrepreneurs
Richard asks…
How important is it for investors to invest in companies who…?
use a considerable amount of their earnings (and sometimes money that would otherwise be used to pay dividends) for environmentally and socially sustainable purposes s.a. reforestation, toxic clean-up, human aid, research for cleaner alternatives etc.?
Would your answer change if the question was about the investor 50 years from today?
Why?
admin answers:
I believe those goals should be allocated to government agencies rather than companies. Companies should focus their energies on making money for their investors.
Actually governments do not do a real good job at that so how can you expect companies to do better?
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