Most grant programs require a proposal as part of their application process. However, the process of applying for each will differ. So, check your grant program’s specific instructions to determine whether or not yours needs cover letters. If you find that you need assistance more immediately than a grant may be able to provide, you could consider a government loan. The government loans are generally offered at better interest rate than bank loans, and may be what you are looking for.
You can also take advantage of the Small Business Startup Assessment Tool below and see the tools and resources you need to succeed at launching your business. It takes just a minute and will also tell you if there may be any funding programs available.