Top 10 Grants for Women Starting a Business You Must Know

Want to know about the best grants for women starting a business? Read the article to know all about them.

Starting a business can be a daunting task, especially for women. One of the major obstacles women face is the lack of access to funding. Fortunately, there are many grants available specifically for women entrepreneurs. In this article, we’ll go over 10-11 grants that can help women start their own businesses.

Starting a business requires a lot of hard work, dedication, and money. Unfortunately, women entrepreneurs often face obstacles in accessing funding. To address this problem, various grants are available to help women business owners get started.

Top 10 Grants For Women Starting A Business

Here are ten grants for women starting a business that is worth considering.

Amber Grant

The Amber Grant is one of the most well-known grants for women entrepreneurs. It awards a monthly grant of $10,000 to women-owned businesses. At the end of the year, one of the monthly grant winners receives an additional $25,000 grant. To apply, you must submit a business plan and pay a $15 application fee.

Tory Burch Foundation Fellows Program

The Tory Burch Foundation Fellows Program offers a year-long fellowship for women entrepreneurs. The fellowship includes a $5,000 grant, access to education and mentorship, and the opportunity to pitch to investors. To apply, you must have a business that is at least one year old and generates at least $75,000 in annual revenue.

Eileen Fisher Women-Owned Business Grant

The Eileen Fisher Women-Owned Business Grant offers a total of $200,000 in grants to up to 10 women-owned businesses. The grant is open to businesses that have been in operation for at least three years, generate less than $1 million in annual revenue, and prioritize environmental and social responsibility.

Cartier Women’s Initiative Awards

The next one on the list of grants for women starting a business is the Cartier Women’s Initiative Awards. The Cartier Women’s Initiative Awards offer a total of $1 million in grants to women entrepreneurs worldwide.

The awards are given to women entrepreneurs who are creating innovative and sustainable businesses. The grant includes a year of coaching and mentorship. To apply, your business must be at least one year old and generate at least $100,000 in annual revenue.

Grants.gov

Grants.gov is a federal database that provides a comprehensive list of grants available to women entrepreneurs. The database includes grants from various government agencies, such as the Small Business Administration (SBA) and the Department of Commerce. You can search the database by keyword, agency, or category.

InnovateHER Challenge

The list of grants for starting a business is incomplete without InnovateHER Challenge. The InnovateHER Challenge is an annual competition that awards up to $70,000 in grants to women entrepreneurs who are creating innovative products and services that have a positive impact on women and families. To apply, you must participate in a local competition and win.

National Association for the Self-Employed (NASE) Growth Grants

The National Association for the Self-Employed (NASE) Growth Grants award up to $4,000 in grants to help small business owners grow their businesses. To apply, you must be a member of NASE and submit a business plan.

Open Meadows Foundation

The Open Meadows Foundation awards grants of up to $2,000 to women-owned businesses that are focused on social change. The foundation supports projects that are led by women and girls, and that are addressing issues such as racial justice, environmental justice, and LGBTQ rights.

Women’s Business Centers

Another great grant for minority women is women’s business centers. Women’s Business Centers are a network of centers across the United States that offer training, counseling, and resources to women entrepreneurs. Some centers also offer microloans and grants to help women start and grow their businesses. You can find a Women’s Business Center near you by visiting the SBA’s website.

The Girlboss Foundation Grant

The Girlboss Foundation Grant is a biannual grant that awards financial assistance to female entrepreneurs in the fields of design, fashion, music, and art. The grant is open to U.S. residents who are 18 years or older. Applicants must submit a business plan, an essay, and a creative project proposal. The grant provides $15,000 in funding, plus exposure through Girlboss’ media channels.

How Lio can Help You

To make your dreams come true of having a business of your own and managing it nicely, Lio App can help you big time. The app lets you keep all sorts of data together in a more organized manner. You can keep records, and create tables and lists while working solo or with a team. 

The many features of Lio would help you with your retail business as you would be able to maintain all data on a track that you can use at any time. If you want to upload a document, then you can do that. Know the money transactions, cash inflow, profit and loss you are making, Udhaar, list of products, services, and even the teammates and clients that you have all in one place. 

Your retail business ideas will certainly become successful businesses if you go on this journey of managing your business with Lio.

Step 1: Select the Language you want to work on. Lio on Android

Step 2: Create your account using your Phone Number or Email Id.

Verify the OTP and you are good to go.

Step 3: Select a template in which you want to add your data.

Add your Data with our Free Cloud Storage.

Step 4: All Done? Share and Collaborate with your contacts.

Conclusion

Women entrepreneurs have several grant opportunities available to them. By taking advantage of these grants, women entrepreneurs can access the funding and resources they need to start and grow their businesses. The grant programs listed above are just a few of the many opportunities available. Women entrepreneurs should research additional grant programs to find the one that best fits their needs.

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