With the holidays upon us and the economy still uncertain, many businesses are looking for ways to bring in extra revenue. Late night informercials tease television viewers with claims that the government has piles of money just waiting to be awarded in the form of federal grants. While this isn’t entirely accurate, there are many federal grants and funding programs available to those who qualify.
The first step for anyone who wants to apply for federal grants is to register in the Central Contractor Registration. While most notable as an online rolodex of government contractors, CCR registration is also required for anyone interested in grants or other financial assistance from Uncle Sam. CCR registration must also be renewed annually in order to continue to receive funding or payments from the federal government. Beginning August 9, 2011, submissions received from applicants whose CCR registration has expired are automatically rejected.
If you are interested in federal grants, it is important to verify that you are properly registered before you start applying for funding. Since CCR registration can take at least 24 hours to update when renewed (or even longer if you’re registering for the first time), completing this step first will help you to avoid unnecessary delays during the grant application process.
For more information about grant opportunities and to verify your organization’s CCR registration, call the Contractor Helpline at (877) 252-2700 ext 1.