How will you fund your business?

The first thing that needs to be said about funding options is that there is practically no grant money out there for ordinary small businesses.

In order to finance your business, you should be able to meet three qualifications

  1. You must present a reasonable business idea.
  2. You must prove that you are capable of running it.
  3. You must put in some money of your own.

Learn about the following financing options:

Regardless of how you finance your business, a well-thought out business plan will be critical to anyone who would put money into your business. Contact the Small Business Development Center (605) 394-5311 for an appointment.

Financing

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Because the center is non-profit and is funded through a variety of public and private sources and operates in cooperation with the  U.S. Small Business Administration, services are confidential and provided at no charge. This business is an equal opportunity provider, and employer. To file a complaint of discrimination, write USDA, Director, Office of Civil Rights 1400 Independence Avenue, S.W., Washington, D.C. 20250-9410, or call (800) 795-3272(voice), or (202) 720-6382. This building is handicap accessible.