How to avoid a small business grant scam

Business and Finance
Source: (remove) : CNBC
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How to avoid a small business grant scam

^{Published on 2025-05-14 16:00:51 - CNBC}

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/ ]

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How to avoid a small business grant scam