How to avoid a small business grant scam

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How to avoid a small business grant scam

//business-finance.news-articles.net/content/202 .. 14/how-to-avoid-a-small-business-grant-scam.html

Published in Business and Finance on Wednesday, May 14th 2025 at 16:00 GMT by CNBC
^{🞛 This publication is a summary or evaluation of another publication 🞛 This publication contains editorial commentary or bias from the source}

Legitimate small business grants do exist, but unfortunately, so do fake grants aimed at stealing your information and money.

The article on CNBC outlines several key strategies to avoid falling victim to small business grant scams. It emphasizes the importance of being cautious with unsolicited offers, as legitimate grants do not typically require payment to apply. The article advises verifying the authenticity of grant sources by checking official government websites like grants.gov and researching the organization's background through the Better Business Bureau or similar platforms. It also warns against sharing personal or financial information prematurely and highlights red flags such as guarantees of approval or urgent payment demands. The piece concludes by recommending that small business owners consult with trusted advisors or legal professionals before committing to any grant application process.

Read the Full CNBC Article at:
[ https://www.cnbc.com/select/avoid-a-small-business-grant-scam/ ]

Publication Contributing Sources

CNBC

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How to avoid a small business grant scam