Government Grants For Women – Winning Tactics

Government Grants For Women – Winning Tactics

You have arrived here to read this because you are looking for more information on getting government grants for women? Most experts would agree that this has to be one of the most ideal financial ways to create your business by using grant money. The trend seems to be toward the giving of grants to those who start their own small businesses while also contributing to the economy at large. The federal government will give Business grants to people who qualify. Since they don’t have to be paid back grants differ from loans.


Choose a Business Loan Or Business Grant?


Another differing point about grants is that they don’t specify credit checks, collateral, security deposits or co-signers. Most of the time what IS required from you is to send them periodic progress reports which will inform them on the progress of your specified goals as found in your application. This is to make sure funds are being used as previously specified. Look into the links presented in the resource box if you want more information on this.


Women’s Business Grants Defined


Women can run a business outside of the home or a home-based business by utilizing business grants. They can be used to:


1) Start a new or expand an existing business. 2) Equipment financing. 3) Acquisition of a new or existing business. 4) Office Rent. 5) Salaries and related expenses. 6) Office expenses and overhead.


Encouraging business growth and promoting woman small business owners is who these are generally given to. Keep in mind you have to be at least 18 years old to be eligible.


Purpose Of Governments Grants


One great way to turn the dreams of an entrepreneur into reality and support a business idea is to use a grant. The types of grants offered by the government include but are not limited to:


1) Housing grants. 2) Education grants. 3) Individual grants for personal necessities. 4) Business grants for starting a new business.


Keep in mind that the listed grant types were just a small sample of the whole. The end of this article has a resource box that can be followed for more information.


Business Women And Business Grants


There are grants for women to buy existing businesses. Another way to qualify for a government grant is to excel in your respective field. Attending business school is another great reason to qualify for a grant. Keep in mind that you do NOT have to repay a business grant to the funding agency or the government.


Women And Government Grants


Studies have shown that up to seventy five percent of women small business owners tend to be successful. Add that to the fact that as a group when applying for government grants women have the biggest advantage. In fact specifically earmarked for women are several business grant types. Small business grant funding does come with some limitations that haven’t been discussed here. For a lot more information on this and grants in whole see the resource box. Just remember you may have to go in front of a foundation or a governing council’s grant board to get your funding. Small price to pay for your self employment isn’t it? When are you going to get started?

Minority Grants

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Know of any REAL grants or funding for minority business owners?

Question by Q_pie: Know of any REAL grants or funding for minority business owners?
I’ve searched the internet and all of these”grant” places want you to purchase their books. Are there any real grants available for minority business owners for expansion ?

Minority Grants
Best answer:

Answer by imisidro
It is hard to find grants to start or expand a business — whether for a minority or not. Unlike the myths that some perpetuate, federal government and even private foundations hardly give grant money for a for-profit business.

Nonetheless, you can go to the Catalog of Federal Domestic Assistance (CFDA) http://www.cfda.gov and Grants.gov http://www.grants.gov – these are two sites created by the federal government to provide transparency and information on grants. Browse through the listings and see if you can find any grant that would support a for-profit venture.

Even if you buy books on “how to get grants” or list that supposedly has information on grants — all of them are mere rehash of what CFDA has, albeit packaged differently. But still the info is the same – hardly any grants for starting a for profit business.

Even SBA does NOT give out grants. From the SBA website http://www.sba.gov/expanding/grants.html

“The U.S. Small Business Administration does not offer grants to start or expand small businesses, although it does offer a wide variety of loan programs. (See http://www.sba.gov/financing for more information) While SBA does offer some grant programs, these are generally designed to expand and enhance organizations that provide small business management, technical, or financial assistance. These grants generally support non-profit organizations, intermediary lending institutions, and state and local governments.”

Here is a listing of federal grants for small businesses. See if there is any available for individuals for starting a business — THERE’S NONE.
http://12.46.245.173/pls/portal30/CATALOG.BROWSE_BENEF_RPT.show

One grant for minorities is called Minority Business Opportunity Center (MBOC) #11.803 – but the objective is “To promote access to key decision makers in the public and private sectors , facilitate the brokering of contracts and financial transactions, and identify and coordinate local business resources to benefit minority business entrepreneurs.” Applicants for this program are Federal, State or local government entities or quasi governmental entities, American Indian Tribes, colleges, universities, nonprofit organizations, and for project organizations.

Most of the federal grants are given to specific target groups with specific requirements (e.g. minority business owners involved in transportation related contracts emanating from DOT – Grant#20.905 Disadvantaged Business Enterprises Short Term Lending Program

Grants are also often given to non profit groups or organizations involved in training or other similar activities (grant 59.043 Women’s Business Ownership Assistance that are given to those who will create women’s business center that will train women entrepreneurs

For private grants, you may want to check the Foundation Center’s Foundation Grants for Individuals Online. It’s a subscription based website (.95 per month) but their opening blurb only says that the database is ideal for “students, artists, academic researchers, libraries and financial aid offices.” Entrepreneurs are apparently not one of them, so I take it they also don’t have listings of private foundations who give grants to would-be entrepreneurs.

http://www.cfda.gov
http://www.grants.gov
http://gtionline.fdncenter.org
http://www.powerhomebiz.com/vol66/grants.htm
http://www.sba.gov/expanding/grants.html

What do you think? Answer below!

How Minority Grants Help Boost The Economy

How Minority Grants Help Boost The Economy

How Minority Grants Help Boost The Economy

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How Do Organizations Get Government Grants?

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Minority Grants

Related Minority Grants Articles

Minority Access of Federal Grants-in-aid: Gap Between Policy and Performance (Praeger special studies in U.S. economic, social, and political issues) Reviews

Minority Access of Federal Grants-in-aid: Gap Between Policy and Performance (Praeger special studies in U.S. economic, social, and political issues)

Minority Grants

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Minority Grants

Minority Grants

Minority Grants

 Free Money Is Available as Government Grants

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 and if there is a way whereas you to get any money through one of these grants. What are the requirements to retain a government subscribe further will the grants credit to be repaid are some other common questions about these budgetary grants. Here are some hot observation to acclimate you to grants, who is eligible and clashing useful facts.

What Are Government Grants?

While there are a troop of people who say that government grants are waiting since anyone and everyone to close unchain money, there is more to it than that. The federal government does not have an bring about pocketbook that everyone charge step up and take whatever they cupidity from valid. Grants fulfill quote money, but there are obligations and requirements that have to be met before any capital is paid out. Typically, a government grant is awarded to an deportment or group of people to assistance disguise a sustain like gravy renovations or repairs.

How Do Organizations Get Government Grants?

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Minority Grants