Learn how to get loans to start business from the Government, Govt business loans, Government funds for business, Grant money for business & MSME loans.
The Governments both at the State level & Central level have many Schemes, Programs & Incentives to encourage Entrepreneurship especially for ventures which has great potential for creating more Jobs. Most of the times, the business entrepreneurs approach only banks to get business loans when in reality the government is one of the biggest providers of loans to start small businesses.
In this video tutorial, we discuss various government schemes available not only for expanding, improving current businesses but also for commencing a profitable business. Many government agencies and departments offer various business loans, grants, tax incentives, equity financing and non-financial assistance to help businesses which most entrepreneurs are simply unaware off. Most business entrepreneurs will approach only Banks but unfortunately banks have found out more ways to reject your loan application on flimsy grounds.
The business owners & business entrepreneurs whose ventures have great potential to create jobs especially in the rural areas or in the agriculture & farming sectors should focus on how to get a loan to start a business from the government, how to get government funds for business, how to get government business loans and how to get grant money for business.
Governments both at the State Level & Central levels have set up various funding agencies to encourage MSME entrepreneurs from the rural background with special MSME Loans. Under many MSME Loan schemes, the central government does not charge any interest on funds granted under some specific programs and even no repayment is needed in some cases falling under some special categories.
There are many schemes intended for certain forms of small businesses being promoted by weaker sections of the society, women entrepreneurs and even physically handicapped people which normally the regular commercial banks & financial institutions, although they talk big, does not give real encouragement since their motive is always profits at any cost & under any circumstances.
Many big companies have received huge government business loans through various MSME Loans and government schemes. There are several government schemes to access government funds for business not only to commence a profitable business but also for expanding & improving current businesses.
There are a number of government backed schemes and programs designed to help MSME small and medium-sized enterprises access finance, be it loans or grants or other type of assistance. Many government agencies and departments offer loans, grants, tax incentives, equity financing and non-financial assistance to help businesses. One can use these schemes to develop new products, improve business processes and protect intellectual property or to get into a prosperous venture abroad.