Do you have a business that would benefit greatly with some extra financial help from a grant?
Today, Black women own roughly 14 percent of all businesses in the country owned by women, which tallies to around 1.3 million businesses, according to Huffington Post which also says,
“While nationally African American women comprise 14% of all women-owned firms, African American women comprise a greater than average share of all women-owned firms in Georgia (35%), Maryland (33%), and Illinois (22%).”
There are a lot of grants out there that get overlooked and while finding a grant specifically targeted toward African-American women can be challenging, the best way to bring in start-up funds is to look for funds targeted to minorities and women.
We at WatchTheYard.com suggest that you also look for industry-specific grants.
To help all of you small business owning ladies out there, we have created a list of small business grants for women.
Do you know of any good business grants for women? Tell us about them in the comment section below and share this list with an entrepreneur.
Click on the image below to read the list!
Applicants are encouraged to share their visions to receive a portion of the $75,000 awarded in grants. Part of the judging involves the general public voting for the finalists, so participants may promote their businesses while garnering votes.
Huggies Brand — Mom Inspired Grants
$15,000 to help advance the development of innovative products inspired by the joys of motherhood. The awardees also receive resources to further develop their products and startup businesses.
“Nearly 70 years ago, female inventor and entrepreneur Marion O’Brien Donovan had an inspiring idea1. As a mother of two who was unhappy with the options available to keep her babies dry, Donovan created the disposable diaper in 1946. Today, Huggies recognizes that many innovative ideas come from parents and their “a-ha!” moments—but all too often these ideas are not brought to life. Now in its fifth year, Huggies MomInspired Grant Program aims to further the development of these creative parent-inspired products and services.” -Press Release
InnovateHER: 2015 Innovating for Women Business Challenge:
The Small Business Administration (SBA) Office of Women’s Business Ownership sponsors this business challenge competition for women. The challenge awards three winners $30,000 in prize money for businesses that have an impact on the lives of women. However, be aware of the
The InnovateHER Challenge provides an opportunity for entrepreneurs to showcase products and services that:
- Have a measurable impact on the lives of women and families (30%)
- Have the potential for commercialization (40%), and
- Fill a need in the marketplace (30%).
Chase Google — Mission Main Street Project
Google and Chase partner each year to award $3 million in grants. Each of this year’s recipients were awarded $150,000 to help take their businesses to the next level. Recipients also received a trip to Google headquarters, a Google Chromebook laptop and a $2,000 coupon toward a market research study with Google Consumer Surveys.
This is a competition, organized by Capitol One and Count Me In for Women’s Economic Independence that allows participants to present two-minute pitches for a chance to participate in a nine-month business accelerator program which provides intensive business coaching and education designed to help their businesses grow in revenues by at least 30% and create new jobs within 18-36 months.
AMBER GRANT
Each month Amber Grant awards a Qualifying Grant of $500 as selected by their WomensNet judges. One of their 12 monthly qualification winners will be awarded our $2,000 Amber Grant at the end of 2015. The November Qualification Grant will be for $500.00 and ends soon!.
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