What does the government provide to help small businesses if there are few business grants?
The financial aid the government offers for most small business comes in the form of government small business loans. Unlike government small business grants, government small business loans must be repaid, however they often offer very flexible, low interest and payment schedules. This is how the government seeks to assist small business owners without taking on too much risk. At the same time that small business has much to offer economic productivity, business grants present too high a risk for the government. This risk is why business grants are few and far between. Government grants can be accessed in other ways for small business owners. Often, if your small business employs or trains various groups of people the government has identified as a priority, other government grants can be accessed that indirectly feed small business. If the small business contributes to a community or community revitalization, government grants can be accessed for those reasons. These government grant