If you spend all day slaving away at a daunting, low-paying job, and spend all night worrying about how you’ll pay your bills, you need to spend some time figuring out how you can put your best skills and talents to work in your life. own business

Steven Jones, federal grants administrator, explains, “Recognizing that entrepreneurs and their small businesses account for more than 60 percent of job creation in the United States, the federal government wants to spur economic recovery by stimulating new businesses.” Outlining the basic strategy, Jones suggests, “A person who struggles with debt but has a good business head can get out of a dead-end job and be on the path to financial security with a federal grant.”

Clarifying, Jones says, “No, despite some of the claims you read on the web, the federal government doesn’t give out grants specifically for debt relief. Yet the government does give out billions in grants for promising new businesses.” , especially in the fields of high technology and the environment”. Jones emphasizes that a person with experience in high-tech solutions to serious environmental problems can receive millions of dollars in federal assistance. “And if you can design and build a wind turbine that actually works in a single-family home, the sky’s the limit,” Jones’s eyes twinkle.

· Federal grants for high-tech companies.-Eager to maintain America’s leadership in the design, development and manufacturing of cutting-edge technology, the government is especially looking for entrepreneurs ready to launch high-tech companies. According to Jones, “The government at this point would fund a company to make low-cost netbooks, funding all the upfront costs, including marketing and advertising. The government would do the same for small ‘green landscape’ companies that employ sophisticated technology.” for precious water and air”.

· Federal subsidies for “green” businesses and alternative energy-The world is facing a serious shortage of water, a crisis of great proportions. Therefore, economists point to the urgent need for new companies that specialize in the development of new water technologies. Similarly, experts wisely predict that wind and solar power businesses will thrive in the next decade. As fossil fuel supplies dwindle and the United States works toward energy independence, alternative energy experts of all kinds will continue to be in high demand. If you have a basic working knowledge of alternative energy, the federal government will support you as you master your trade and start your own business. By managing your grant money wisely, you can finance your business and pay off your creditors at the same time.

· Federal grants for innovative products and services-If you see a gap in an existing market and know you can fill it, Jones strongly recommends that you develop a business plan and apply for federal funding. Jones cites examples of innovative companies that have received federal grants and found great success. “Two women noticed that a major industrial complex did not have a good place to eat a healthy lunch. They opened a cafeteria that only serves homemade soup and a variety of grilled cheese sandwiches, which they serve only from 11 a.m. to 3 p.m. They make a fortune,” Jones reports, and the government supported them every step of the way.