Grants for Small Business for Women

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Business expansion grants offer the small business owner funds that do not have to be repaid, thus relieving the burden of debt repayment and the accompanying liability and expense for interest on the company balance sheet.

Grants to expand businesses are not usually available from the Federal government, but state governments often have departments that can access funds for grant opportunities. Business expansion grants may also be administered through state colleges, such as a program in New Mexico that is administered through New Mexico State University. Other state sources may be found under headings such as “Office of Economic Development”, “Small Business Development Council”, or “Office of Commerce and Economic Opportunity” (Illinois).

Other sources for business expansion grants are professional organizations. For example, the National Association of the Self-Employed (NASE) offers notice of grants for business expansion opportunities after you become a member of the organization. Some organizations do not have an integral foundation that can directly provide grants, but maintain a notification service for funding.

If your business is a nonprofit, the opportunities for business expansion grants are far greater than found in the private sector. Typically, these grants are focused on increasing the scope or area coverage for your services (capacity building) and naturally support business expansion.

Business expansion grants rarely offer direct cash payments for operating costs, preferring to focus on providing funds for specific areas. For instance, if you are a taxicab company, you might apply for funds to build a service garage, and then approach another funder for grants for business expansion to purchase a vehicle lift, or to purchase specialized tools. If you are a nonprofit, you might include the cost of a van to serve outlying areas as part of your capacity building vision.

Small business expansion grants may be restricted to certain types of businesses. Perhaps your company wants to expand internet service to a rural area via wireless connections. You would look not only for the keywords “business expansion” but also under headings for “rural”, or “internet provider”.

If your program, whether a nonprofit or a for-profit, offers value for many people (such as our hypothetical internet provider, above) it will be perceived more favorably by funders than if it benefits very few people. Business expansion grants that produce new, sustainable jobs are very well received by the entire grant funding community at this time.


Capstone Sales Therapy: Effective Selling for the Small Business Owner
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2008-10-20 19:10:40 by -

There are no black people grants and no women

Grants.
The Small Business Administration can be helpful in securing capital (ie, loans) for small businesses, but they generally don't mess with businesses as small as the one you're mentioning.
There are no grants. This is my industry. I know. People ask all the time and there is no such thing.
She can contact the licensing agency and ask what assistance they provide aspiring daycare owners. There will probably not be financial help, but there can be other kinds. Also google "micro loans" and see if anyone in your area is still giving them out.

2005-12-02 06:08:18 by bluesapphire7

Seeking private investor for Hot New Company....

It never hurts to post an email to try and find a private investor for the company I am starting. I am willing to give part ownership in the company (silent partner) which, when it gets up and running will be very successful. I am a woman and I'm in the process of seeking funding available via grants from the government (Fed/State)because I know there are funds available for women owned businesses. I do not need a significant amount of money and I am open to negotiation on percentage of ownership. So far, from what I can tell my idea for a business has not been done yet, which makes me a pretty lucky girl

2003-04-17 14:24:00 by Beentherdonethat2

First forget your age...

Don't use it as a hinderance and stop waving it like a banner.
Be the way you were at 25. I kid you not. Look in the mirror and say, I'm talented..if no one else can see it, its their loss!
Then you find what you want to do. Don't pack it in. Don't have a child because they tell ya having one after 35 is crap. Many women have them until 48 now and many are fine and healthy. Don't crochet, you're not bloody granma moses..
..unless crocheting is your hobby and you can sell your wares on e-bay or at rummage sales, farmers markets or bazarrs. Bingo, small business.

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