Whether you are fresh out of college or university or are a seasoned employee with many years of experience, you have a great idea for a good or service and want to start a business. However, in both of these situations, capital may be a significant hindrance as money is needed for startup fees such as inventory, office space, supplies, utilities and staff. The good news is, in today’s business world, there are many resources offering grants to help you with your innovative idea. The bad news is, the competition for these grants can be fierce and if you fail…