How Do You Get A Grant To Start A Business For A Woman?
The fact that the grant is free financing makes the competition to be fierce among women entrepreneurs. However, if the will is there, the light at the end of the tunnel will appear. We shall be looking at places where women can look up to for the grants that will inject life into their business.
The above site is where to be for women that need grants for their business. With a unique 9 digit identification number (DUNS). There are results at the left hand of the page under the tag eligibility; filter it and you will be able to access the grants that are there for women in business.
The Girlboss Foundation Grant
The operation of this foundation dates back to the year 2014 and it is the brainchild of entrepreneur Sophia Amoruso. Grants can be gotten here twice a year by women who need capital to push their business forward. Each of the recipients is entitled to $15,000 and those that can qualify for the grant are women who are into any of the following fields of business: design, fashion, music, and the arts. Successful candidates are the ones that can convince the panel that they are in dire need of the finance coupled with their creativity and business acumen.
Economic Development Administration
If the will is there for women entrepreneurs who need cash to beef life into their business, then there is a way out. Another area to look up to is the one stated above. Each state, especially in us and even some cities, have economic development resources whose main target is the development of the local economies. Taking California as a reference point, there are several economic districts there in the mould of Superior California Economic Development District whose main concern is to provide funding for local entrepreneurs for their business. Women can look up to such for business founding.
This is another area that women can look up to for grants going by the frequency with which they give grants to women. This is done every month of the year. Successful women applicants will receive a $2,000 grant. The process here is pretty simple; the application fee is $15 and you are expected to describe your business line of operation and explain how you intend to make use of the money upon approval. At the end of the year, the best that can prove the success of effective use of the grant is granted an additional $25,000 to beef up the business further. This is a place where women entrepreneurs can try their luck.
Eileen Fisher Women-Owned Business Grant
Each year, this foundation awards the bulk sum of $100,000 to women in business. This some is spread among a maximum of 10 women each year. If you are interested, then you must fulfil the following conditions: the business ownership and leadership should be made up of about 51% women; the business should show proof of being in business for a minimum period of three years; the average turnover per year should not be less than $1million and the business interests should be focused on positive impact on the environment/social change.
Minority Business Development Agency
Are you a minority business owner? If yes, then you can get the desired grant easily by checking on what is on offer at MBDA. The chances are high for women in business to get the desired business funding here. Aside from granting the needed finances, they give education for women in minority business on how best to handle and sustain their business line of operation for better effectiveness in business.
NASE Growth Grant
The number pre-requisite to obtaining the grant for business here is to be a registered member of NASE. You will be required to identify a particular business need and go on to state your blueprint on how you are going to fill the gap. Those that are successful and can convince the panel will be given a grant of $4,000 business development grant. This is for real, so far, they have given such grants to the tune of $1,000,000 to beneficiaries over the years past.
FedEx Small Business Grant Contest
This is dedicated to women in business. Those that are successful with their application are expected to get the sum of $125,500 in total cash and prizes. This is inclusive of credits targeted at FedEx printing and business services. The grant is spread across 10 women recipients at various sums. Successful applicants are determined through a voting process; each of the applicants is expected to project their business line of interest.
The above areas of references are sure areas that women can look forward to getting the much-needed funding for their business. The rules are simple; follow them and the results will follow.