With the
swarming participation of women in entrepreneurship world, the world has also
stepped up to lend a helping hand in this great endeavor made by every woman.
To aid women financially, there are many non-government organizations and
private foundations which provide grantsfor women-owned business free of repayment terms and interest.
In this
blog, we are going to discuss this free financial opportunity without any
requirement of pay-back.
Types of
offerings available as grants for women-owned business:
1.
Business Start-up Grants
If you are
an emerging and promising business woman, then to kick start your dream
business in a much better way you need financial help. Luckily, the business
start-up grants for women are available, but you must qualify for winning it.
First, check the eligibility criteria of the grant from wherever you are going
to take it so that you do not end up wasting your time if you don’t qualify for
it.
2.
Small Business Grants for Woman
Not only for
big businesses, but grants are also offered to many small business
entrepreneurs. Providing small business grants for woman encourages the women
participation in entrepreneurship and inspires many others to run their own
business. Generally, to participate in the grant contest people are asked to
submit a short pitch video about their business.
3.
Home-Based Business Grants
Nowadays,
many people are doing home-based business especially women. Many organizations
also provide home-based business grants to women and if you are also running
one then don’t skip a chance to grab a business grant for taking your business
to next-level. Do proper research about grants for women-owned business to win
a one quickly.
4.
Business Expansion Grants
Women who
are already running their business well and want to expand it to other domains
and geographical areas, business expansion grants are best for them. While
awarding women with business expansion grant, a lot of factors are considered
such as capital, salary costs, and overhead costs.
Statistics of Business Grants for women
1. For women in the USA, more than $20 billion
grants are available.
2. For women running small businesses across
the nation, over $10 billion grants are available.
3. For women business start-ups, $3 million of
grants are available.
On the Ending Note
Most of the
grant proceedings are done online and you can apply to as many grants as you
want. Leave no chance to win grants for women-owned business so that you can
quickly fulfill your big business dreams. Yes to women power!