In as much as I advise SMEs and prospective entrepreneurs to look for grants to aid their business/productions, there is also a need to caution them from applying for every grants.
Before applying for any grants, verify the organization issuing the grants. Many web designers today host many such websites to steal people's business ideas.
I know many of us are currently subscribed to some websites alerting us about new grants. For the safety of your idea, don't just go through the link on that website, verify the information on Google or better still on the organization's website itself. Many of them end up selling off your idea for personal gains.
One has to be security conscious in a country where patency and royalty are still something strange.
Other thoughts on entrepreneurship It is relevant that an entrepreneur should have a written business plan before registering with the Corporate Affairs Commission (CAC). The business plan should include the nature of the business, the sales and marketing strategies as well as the financial background and profit statement. However, emphasis should be on what makes your business different from other available ones.
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