What Type of Grants for Women-Owned Business are Available?

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!