No! Whoever told you that doesn’t know what they are talking about or they are trying to scam you. There are virtually no grants available for personal assistance or to pay off debt – because “individuals” are typically not eligible to apply for discretionary grants, no matter how needy.
The only grants that are available for individuals are school scholarships or for research and development types of activities if applying through a sole proprietorship or other forms of a small business corporation.
Let us help you meet your M/WBE utilization goal. We can help you locate funding, apply for funding, and help organizations measure & report on outcomes. See our experience with grant writing and evaluation services HERE.