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Old 05-06-2011, 06:24 PM   #1
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Default Veteran's Business grants?

I remember hearing about Veteran's grants in TAP class aimed to start a business.

I am still kicking around the idea of opening a DIY/Hobby Shop/Skill Center/Garage deal. I can get a break on the building, but it's all the fees around here that will kill me.

Anyone have any experience with these grants? How do they work and what is the repayment agreement, if any?
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Old 05-08-2011, 05:58 AM   #2
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Hey man I dont have any experience with the grants myself but I was looking at doing the same thing. I have a lot of ideas and concerns myself about doing this. What size place and equipment do you have or gonna get. Also I would like to know is their a web-site with this info or something. Was wondering are you gonna do this in CT?
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Old 05-08-2011, 09:13 AM   #3
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You may find what you are looking for here
http://www.vetbiz.gov/
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Old 05-08-2011, 09:27 AM   #4
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Quote:
Originally Posted by Mygoat1 View Post
Hey man I dont have any experience with the grants myself but I was looking at doing the same thing. I have a lot of ideas and concerns myself about doing this. What size place and equipment do you have or gonna get. Also I would like to know is their a web-site with this info or something. Was wondering are you gonna do this in CT?
GL MAN
I think if I do it in CT the overhead will sink me. Property taxes along would end up being five digits a year. Not to mention electricity here is raoe expensive at $300/mo just for a small house. There's no real site for this stuff it seems to all be "custom" applications (As much as I don't like that word.) I can get a deal on a pre-engineered metal building spec'd the way I need it.

I got a buddy that is originally from TX, and I've thought of possibly putting it there too. No idea on the size. I'm thinking of a rough guesstimate of 200'x80' or 16,000 sq ft on an acre or so. Figure 18" thick foundation @ 3600psi crete, 12 bays, 5 lifts, 6 or 7 dry bays, ASE tech working there, one or two people at the desk, rental tools, basic tools for the bays, parts washer, welding and metal work station... So basically like one of the Hobby centers.
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2000 Silverado "Cam-Rado" 2500. 6.0, 4wd, auto, LS1 Cam, and some mild internal work.
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Old 05-20-2011, 02:57 PM   #5
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Great idea man. Run with it!

I cannot count how many civillians have said they wished they had something like our "DIY car centers" with a mechanic around to give advice!

One thing you may want to look into though, is Insurance. I can see that being an issue if some yuppie got hurt in your garage.

I myself have a different plan for after I retire. It involves something every service member needs combined with something every service member wants!


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