If you are a woman trying to get a business off the ground or you already have a business you’re trying to take to the next level, there’s no doubt that a small business grant would go a long way in helping you achieve its success. Grants do exist to do just that but they can be somewhat hard to find because they may not come from the sources you’d expect to offer them.
The federal government doesn’t actually issue any grants for women to start a small business. In fact, the Small Business Association only has a handful of grants for small businesses period. These are specific to the research and innovation fields and are quite rare. The SBA does provide a pretty extensive loan program and it operates around 100 Women’s Business Centers across the United States. These centers offer training and counseling locally to assist women starting or growing their own businesses and can be a great resource but they do not offer grants.
And while many organizations are designed to help women break into the business world, most do not offer grants. Grants tend to come in from both the for-profit and non-profit sectors. Here are a few examples of grants that are available through both types of sources specifically for women entrepreneurs.
Grants between $500 and $1,000 are provided monthly to women that are starting small businesses. Funding is meant to assist with equipment purchases, website development or other upgrades to make a difference in the success of your business.
Count Me In
Provides events and grants to female business owners through its Make Mine A Million program. This program is designed for women who already own businesses who want to grow them to over a million dollars a year in annual revenue.
Eileen Fisher Grant Program
Offered by clothing designer Eileen Fisher, this grant is awarded to 5 women entrepreneurs annually with a $12,500 amount. Your business must be at least 3 years old and 100% women-owned, to apply.
The Halstead Bead Incorporated awards one annual $6,000 grant each summer to a women starting a jewelry business. If selected, you will get $5,000 in cash and $1,000 in jewelry making supplies to fund your studio.
Huggies MomInspired Grant Program
Awards up to $15,000 in seed money and business resources to take ideas for original childcare products thought up by moms and turn them into opportunities for new small businesses.
Available to women entrepreneurs involved in new media, this grant awards $12,000 yearly to new start-ups that have journalistic value and advance women in the news industry. An additional $2,000 is awarded if you can source $2,000 in private matching funds.
Provides small $500 grants four times a year to women starting a small business. Grants are intended to fund supplies, web presence or other marketing expenses to successfully launch their new business.