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Don’t Forget Grants If You Need Early Seed Money

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For example, federal and state governments don’t provide grants for starting a business, paying off debts, or covering operational expenses. Since government grants are funded by tax dollars for specific industries and research, usage of grant funds is carefully monitored. Violations can lead to jail time.

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Entrepreneurshit. The Blog Post on What It’s Really Like.

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Think about it – most entrepreneurs who manage to raise seed money or venture capital usually raise enough money for 12-18 months maximum. So at any given point you are likely operating with a maximum of 9 month’s cash. Many times it’s less. And yet you have to.

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