What is the best news to a start up?

Grants that you don't have to repay.

It's tough slugging bootstrapping your start up. You invest your hard earned money to get a business idea off the ground. They the money runs dry. What do you do? Most turn to family and friends to invest in their small business. However, a smart thing to do is explore what  grant resources you can build into your venture. 

Most of the grants for start ups are in the research and development phase. Its funding to prove out innovation. Money can be for activities such as IP and patent protection, to hiring contractors to bring your idea to life. 

The best way to start accessing grants is before you spend all your savings. As grants often require you have capital to prove you are invested in your business, it's a good thing to explore the grant options before you invest in getting it going.