How to Get a Grant for a Bookstore

With the rise in popularity in eBooks and eReaders, independent bookstores are feeling the effects of the giant retail bookstores domination. Nothing will ever take away the look, feel and smell of a printed book. Bookstores need funding and grants are usually meant for non-profits; however, there are often grants available for all establishments if you take the time to read the small print.

1. Partner with local libraries and school. By partnering up with libraries, elementary school, high school, and colleges for fundraising, book drives, and literacy programs you are helping your chances of making more connections for grants. With these connections, you will also be able to use them for references on grant applications. Grant applicants need to show they are an avid part of the community. 


2. Determine the bookstores need. Do you need to expand the business due to growth, which will benefit the community? Perhaps you want to start a reading program for children who cannot afford books. Whatever your need may be, write it out.


3. Seek out government grants online. The United States Small Business Association (sba.gov), although provides useful, helpful information for your bookstore is not going to provide you with grants like most people think. Instead, search National Endowment for the Arts (nea.gov) where you can search the humanities grant programs.


4. Create a business plan. Create a business plan and a budget that shows all the operating costs and expense of the bookstore. Include tax information, the cost of materials and supplies, any services you need and pay for, overhead costs and the costs of consultants. Use this information to calculate the amount you need that would help you accomplish your goals.


5. Join the SBA. Even though the Small Business Association does not offer grants directly, they are a good resource for your bookstore to link up with. Through the SBA, you are given tools, guidance and a network connection in which you can use to search for the grant your bookstore would need.


6. Once you find a grant, you must request information. Requesting information regarding a grant lets the grantor know you are interested without sounding desperate. Read the requirements and note the deadline. Begin filling out the grant application as soon as possible.

You may have to do a little digging, but once you get the grand for the bookstore, all that networking and searching for grants will be worth it. The networking is a huge benefit to the bookstore all on its own.