Most businesses need help in starting up and expanding to provide quality goods and services to their customers. This is where Grants for Businesses come in. Finding the right grant to apply for is one of the key primary steps in obtaining a grant for your business. Read about all the different types of grants for businesses and which one best suits the needs of your business. This is especially true for small businesses.
Grants for a woman owned business, are you eligible?
As a woman entrepreneur you could be wondering what grants are available for a woman owned business in America. Not only the government of the United States but also other private funding bodies offer a vast number of grants to be utilized by citizens.
Amongst these, for the purpose of developing a business, funding and other financial support information is available from the Office of Women’s Business Ownership through the Small Business Administration. This is a government entity set up in the 1930’ during the depression to infuse aid to businesses.
Several grants and funding opportunities are available specifically for the ladies; therefore as a woman entrepreneur you may automatically qualify for such gender specific grants. You could take a look at the website of count-me-in.org which raises funding from women for other women and the Women’s Funding Network at wfnet.org both of which give sources of funding information.
Seeking grants for a woman owned business may not be as simple as it sounds. Finding out if there actually are grants for a woman owned business which will cater to your specific need, is in itself quite a daunting task. Additionally they come with a large number of prerequisites, terms, conditions and criteria for eligibility which vary in each case. These eligibility criteria can also change annually.
The Amber Grant for instance, was launched in 1998 in memorial of a young woman entrepreneur whose aspirations went unrealized owing to her early demise. This grant therefore has very informal criteria for selection which is based largely on the presentation and sincerity of the intentions of the applicant. Eligibility criteria listed tend to cover general requirements such as manner of applying, deadlines, etc. Other grants may have a vastly different set of criteria which will be specific to them. Read More
While the government and a number of private institutions in America are offering the modern woman several business grants to enhance, improve and develop their enterprises, it would be a waste for the women in the commercial and business arena to turn their backs on the opportunity.
Whilst the enterprising and progressive woman is seeking for the right business grants to suit exactly her need, the actual sourcing and selection process is not quite as easy as you would imagine.
All you enterprising women out there must consider the option of a business grant for the purpose of optimizing the operations, technology, human resources and other facets of your business.
Women owning companies should obtain a business grant to put their business on the map in a competitive corporate arena. To ensure qualifying for such grants, women entrepreneurs must research the business grant of their choice thoroughly to structure their application to fit the eligibility criteria.
Women owned business grants target not only lady entrepreneurs who already have started their own company but also for those who are seriously considering starting up a brand new enterprise to address the needs of family finances, while enjoying the flexibility of fulfilling their duties as mothers and housewives.
While women owned business grants are made available to such adventurous individuals by both governmental and private organizations and entities, those provided by the state may be more in number.
For many ladies, the availability of federal, state or private women owned business grants could be the answer to realizing their dreams of both floating a company in a chosen field of interest, or even enhancing, developing and improving their existing enterprises.
A lady entrepreneur could have several reasons for joining the ranks of proprietors, and not any longer being willing to meet the rigours of reporting to work in demanding high pressure environment which has little or no sympathy for the multi-faceted functions she is called to perform...
Women in the marketplace today will find business grants benefiting several categories of entrepreneurs and business people, issued by federal, state and private sector entities.
While the internet makes the gathering of data very easy in these days, it is no mean task to source and select a range of options that could suit you, and thoroughly examine the eligibility criteria to ascertain which of them would qualify women as recipients of such business grants.
It is a good idea for lady entrepreneurs to seek women oriented business grants among those that are offered for minority groups, as these would offer more opportunity for qualification.
If you are physically handicapped, of a certain age or ethnic group, run a particular type of business etc, your door of grant opportunity would widen. Grants.gov is a useful link to explore government grants.
When in search of ideal awards that would include women as beneficiaries of business grants, ladies should if necessary hire a specialist in the field to perform the time consuming job of researching the various grants.