More and more women are becoming business owners and as they continue to grow, many find themselves searching for business grants for women. We have all heard about the scams and myths surrounding grants for women in business, so here we will take a quick moment and separate fact from fiction.
Government Business Grants for Women
I hear one question over and over, and many people want to know if there really are government grants for women in business. In short, the answer is yes, absolutely – but not in the form you might expect. The federal government does not award small business grants for women as a specific award. Government grants for women in business come in the form of occupational-specific awards which cover extended research ventures, technology design and in agriculture. Many of these government grants for women entrepreneurs and business owners are available to further scientific and technical causes and endeavors.
A prime example of this is the Women’s Business Center Renewal Grant offered by the federal government which affords women small business grants. An SBA women’s business center is a program or project funded, in part, by a small business grant for women from the SBA to provide technical assistance, such as training and counseling to women entrepreneurs seeking business grants, available to both nascent and owners of existing businesses.
Private Small Business Grants for Women
Or the savvy and open minded woman seeking small business grants, family foundation, national foundation and corporate foundational entities exist which afford the real opportunity for women in business to earn funding. While nobody is going to simply just hand you a chunk of change and let you spend it willy-nilly, viable options do exist for women in search of small business grants.
Coveted opportunities exist for dynamic women who are serious about their professional goals by partnering with local and regional not for profit organizations which award hundreds of thousands of dollars yearly to foster the skills and success of women business owners seeking grants. By partnering with a not for profit entity, grants for women in business can be shared between the business and the not for profit entity.
Women Small Business Grants
Many community leadership awards exist at the private foundation level designed to help women in business who demonstrate leadership and exceptional accomplishments in their areas of interest or work, inspiring and encouraging others while defining and pursuing their own goals. Most of these women offered small business grants are geared to achieving self-actualization and in finding a personal niche inside the community. The Ann Bancroft Foundation is a prime example of this type of award in support of grants for women in business.
Remember, for the savvy and open minded woman seeking small business grants, many options exist at the family foundation, national foundation and corporate foundational levels. If you’re a woman with a professional degree, government grants for women in business are always an option.