Grants for Women in small Business

Ontario Business Grants for Small Business and Start Ups | Mentor

Women and minority owned businesses can take advantage of grants offered by private institutions and government agencies. Applying for business grants, also known as grant-writing, is as much an art as it is a science, and it can be quite challenging for first-time entrepreneurs. With a bit of study and practice, however, you can gain confidence and hone your grant-writing skills, allowing you to tap into the resources of organizations that promote female and minority entrepreneurship.

Step 1

Select specific grant programs that match your business and personal situation. Take note of each granting organization's name and contact information, and compile a list of all grants for which you are eligible. Select a range of options--grants for women only, minorities only or both--if you are both a woman and a part of a minority group; this will give you a wider range of possibilities. Begin your search at grants.gov for federal funding, and srainternational.com for private funding sources.

Step 2

Research the granting organization thoroughly. Visit its website and read any news articles or press releases related to the organization. Look into the types of organizations and projects that the organization funds, and research specific grant-winners, if possible. Focus on the exact purpose of the awarded grants. Grants may be awarded purely to promote female and minority entrepreneurship, for example, or they may be granted to organizations whose programs directly benefit women and minorities in general.

Step 3

Contact the granting organization and ask for guidance in preparing your grant proposal. Ask a representative to speak with you about the grant proposal process, explaining such things as preferred submission formats and length, the organization's specific areas of interest and any other grant opportunities for women and minorities that may be available. Keep your new contact's name and information as you did with the notes you took in step one.

Step 4

Create your grant proposal. The proposal should include a description of your organization, including its mission and product offerings, and a needs assessment that clearly explains the need your company serves. Focus specifically on how your organization will promote the goals of the organization that offers the grant.

Step 5

Create a thorough description of your products, services and business model, and include it in your grant proposal. Add a budget, projected financial statements and a detailed summary of how you plan to spend the grant money. End the proposal with professional biographies of yourself and your top-management team. List the names of any women or minority associations or groups of which you are a member.

Step 6

Create an executive summary after all other sections are done and place it at the beginning of the grant proposal.

Step 7

Submit your grant proposal to your contact or designated recipient in the granting organization. Follow all format and submission instructions when sending in your proposal, and include a brief cover letter introducing yourself and your company, while thanking the grant reviewers for their time.


Entrepreneur Press Start Your Own Grant Writing Business (StartUp Series)
Book (Entrepreneur Press)
  • Used Book in Good Condition
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

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.

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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