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Oct 13, 2024 · Fortunately, there are ways to determine the legitimacy of a grant opportunity. Using a well-known listing service or database, such as GrantWatch, is an excellent place to start. This reputable grant listing directory does the research for you to ensure the grant is legitimate and verified before it can be included to the database.
A federal grant is an award of financial assistance from a federal agency to a recipient to carry out a public purpose of support or stimulation authorized by a law of the United States. If you think you may have been a victim of a government grant scam, file a complaint with the FTC online, or call toll-free, 1-877-FTC-HELP (1-877-382-4357); TTY: 1-866-653-4261.
- Who Offers Legitimate Grants?
- Questions to Ask About A Legitimate Grant (OR) You Won A Legit Grant—Now What?
- Key Lessons
There are a few federal grant programs for for-profit companies and many state/county economic development financial assistance programs. At the federal level, the SBA has disaster recovery grants—think Hurricanes Katrina and Sandy. Also, some agencies, like National Institutes of Health and the Defense Department, participate in the Small Business...
When you are the fortunate recipient of a legit U.S. grant, make sure you understand its purpose and requirements upfront. 1. What can the money be used for? Most grants are not general-purpose funds, to be used for whatever the company determines. They are for specific purposes that meet the mission of the grantor. Make sure the grantor’s mission ...
Unsolicited grants are often scams.When you have a legitimate grant, make sure you understand the terms and conditions to ensure it’s a fit with your company’s direction.- Hal Shelton
Fraud Alert! April 23, 2021: Many Canadians are experiencing financial hardship as a consequence of the current pandemic and, unfortunately, the reporting of fraudulent loan websites and grant scams are increasing. Learn more below. Discover everything there is to know about Canada's COVID-19 Economic Response Plan.
Scammers ask you for information or money. Government grant scammers might start by asking for personal information, like your Social Security number, to see if you “qualify” for the grant (you will). Then they’ll ask for your bank account information — maybe to deposit “grant money” into your account or to pay up-front fees.
Know the signs of a scam. Many scams and fraud attempt to imitate government services in order to gain access to your personal and financial information. It may be a scam if someone: Demands immediate payment. Uses threatening language. Sends you a link and ask you to click on it. Asks for personal or financial information.
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Nov 7, 2019 · With information from the CAFC, here are three variations of grant scams to watch out for: The pitch: This scam works by offering financing to small and medium-sized businesses through a website, which may appear to look like an official government website (complete with spoofed Government of Canada logos or flags and an official-sounding name ...
