Grants for Women in Business

Although more and more women are starting up or presently owning their own businesses, grants for women in business are hard to come by. Although some claim there are plentiful grants for women in business, finding them can be arduous and difficult. On certain web sites one finds claims that there are government grants for women in business, but then this is qualified by the statement that the Federal government doesn't give grants.

When seeking grants for women in business one of the sources to check is one's local Small Business Association. This organization can at least give information on possible grants for women in business, and can sometimes help with small loans. There are also local state development agencies which can be a source for grants for women in business.

Amber is an association which purports to offer grants for women in business, as well as women's Finance.com. Women's Financial Fund is a non-profit foundation offering grants for women in business. As with any possible source,one must make a contact for initial information on grants for women in business.

There are organizations specifically set up to offer grants for minority women in business.For minorities seeking grants for women in business it would be worthwhile to contact Minority Enterprise Development Agency.

When seeking any assistance including grants for women in business, it is advisable to contact the National Association of Women in Business to seek information and direction. Networking is important also when seeking grants for women in business, as it is difficult to explore all avenues on one's own..There are private foundations offering grants for women in business and one can search the Internet for such sources.

Whenever one is seeking grants for women in business, it is essential to have a well prepared business plan, outlining the proposed use of grant money and also a plan of operation which sounds viable. In some cases loans rather than grants will be offered, and here credit as well as some equity may be required when seeking loans or grants for women in business.

As stated, grants for women in business are not easily come by. It is somewhat easier to secure loans rather than grants for women in business or women anticipating starting a business. In either case it is important to have a good business plan and if possible some record of success as a woman in business when seeking either a grant or a loan.

< Back To Women in Business Next Previous