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Small Business Grants and Loans for Women PDF Print E-mail
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Monday, 16 August 2010
By David Hensley

  As a woman business owner, there are many things you can focus on - how to find money for your business so that it can grow and thrive, how to manage business etc. There are some funding sources that specifically target women entrepreneurs. The information given below will help you to see where to go for loans, scholarships, and other sources of funding.


Small Business Administration Office of Women's Business Ownership can do more help than ever to women entrepreneurs, who still face unique obstacles in the world of business. At every stage of the development and expansion of a successful business, the Office of Womens Business Ownership will counsel, teach, encourage and inspire. There is a hot list of outside resources for these Count-Me-In is a new fund raising organization that raises money from women for women. Loans are given from $500 to $10,000 for first time recipients up to a maximum amount of $5,000. Count-Me-In looks like a great resource with funding consideration based on experience over credit history.

Federal Money Retriever, the premier grants and loans database contains information on all U. S. federal government grant and loan programs. They have a specific category for grants available for women. The Women's Funding Network promotes the development and growth of women's funds that empower women and girls by fostering strategic alliances among women, donors, communities and institutions.

NBC Supplier Diversity Program is not so much a funding opportunity, but a procurement opportunity specifically for women and minority owned businesses. The National Broadcasting Company has launched its Supplier Diversity website to inform Minority-owned and Woman-owned Business Enterprises (MWBEs) of NBC's Supplier Diversity Program, and also permit MWBE suppliers of high-quality goods and services to register their companies online. The website is a way to increase the number of MWBEs we do business with.

American Association of University Women foundation is one of the largest private sources of funding for graduate women in the world, supports aspiring scholars around the globe, teachers and activists in local communities, women at critical stages of their careers, and those pursuing professions where women are underrepresented Financial Women International provides information on professional growth, information sharing, peer networking, mentoring, leadership development, and career advancement for women.

Most of the government grants are not available year-round. When an agency makes funds available for a grant, it places an announcement in the Federal Register which is published each weekday. One can find this in the Government's Recent Grant Announcements. In addition, you can search for grant announcements on Government Agency Websites. You can electronically find and apply for competitive grant opportunities from all Federal grant-making agencies. Government grants are generally (though not always) given to non-profit organizations for programs and services that benefit the community or the public at large. Applicants must submit six-month balance sheet and income statements and tax returns if business is existing. The U.S. Department of Commerce maintains a variety of different grant programs for women. Grant funds may be considered taxable income by the Internal Revenue Service and the Department of Revenue and Finance.

Small Business Grant Source:
Learn the application procedures, various funding sources for specific types of businesses and eligibility criteria for small business grants. You can find the most comprehensive information on availing of small business grants by visiting this online guide on grants

Apart from the Government, there are several foundations that liberally offer grants for several purposes. Visit this Grant Foundation Guide to know how to avail of free grants from private foundations. Also, check out the Education Grants Guide to find the best sources for all types of education grants.

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Last Updated ( Monday, 16 August 2010 )
 
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