The US economy over the past few years has been tough on everyone and it may not seem like the best of times to start up a new company. But, when jobs are scarce, the entrepreneurial among us follow our passions and DO start up companies at a time just like this! Entrepreneurs recognize opportunities and are not afraid of some risk, in return for rewards down the road.
If you are a woman, just starting up a company, or you are trying to expand your already existing company, then you may want to look into some of the many small business grants for women that are still available. However, there is a misconception about federal government grants for business. US government agencies do not give grant money directly to businesses and individuals for startup. That being said, the government does routinely give out grant money--to states and local communities. The state and community projects, funded by the federal grant funds, can mean money to your business, in the way of contracts and sub-contracts.
When considering getting grants for women owned businesses there are four things that can make the process quicker and easier. Create a workable business plan - This can be the most important part of any new business start-up. In fact most grant applications require a business plan so that the grantors can make an informed decision as to who receives a grant and who doesn't. Grant research - There are literally thousands of government and private grants available to women business owners. Some are for specific areas of business while others are more general. It is also important to find out what the requirements for each grant you may be interested are.
If you come to a website that promises they will get you a grant, be careful. There are grants and loans for women entrepreneurs but you may or may not qualify, based on a variety of factors. However, if you are willing to adapt your business model to the specifications of the grant, then you may be to reap the benefits. Also, keep in mind that grants are not paid back. They are not loans - they are funds given to your company, which you will use to fulfill a particular requirement of the grant. Whether that is create more jobs, or just complete a project, you must comply with the grant in order to receive the money.
Finding small Grants Business for women can be done quickly and easily on the internet. To successfully apply for those same grants will take some time and effort but the payoff is well worth it when you consider that the government and private organizations are giving away billions of dollars every year.
If you are a woman, just starting up a company, or you are trying to expand your already existing company, then you may want to look into some of the many small business grants for women that are still available. However, there is a misconception about federal government grants for business. US government agencies do not give grant money directly to businesses and individuals for startup. That being said, the government does routinely give out grant money--to states and local communities. The state and community projects, funded by the federal grant funds, can mean money to your business, in the way of contracts and sub-contracts.
When considering getting grants for women owned businesses there are four things that can make the process quicker and easier. Create a workable business plan - This can be the most important part of any new business start-up. In fact most grant applications require a business plan so that the grantors can make an informed decision as to who receives a grant and who doesn't. Grant research - There are literally thousands of government and private grants available to women business owners. Some are for specific areas of business while others are more general. It is also important to find out what the requirements for each grant you may be interested are.
If you come to a website that promises they will get you a grant, be careful. There are grants and loans for women entrepreneurs but you may or may not qualify, based on a variety of factors. However, if you are willing to adapt your business model to the specifications of the grant, then you may be to reap the benefits. Also, keep in mind that grants are not paid back. They are not loans - they are funds given to your company, which you will use to fulfill a particular requirement of the grant. Whether that is create more jobs, or just complete a project, you must comply with the grant in order to receive the money.
Finding small Grants Business for women can be done quickly and easily on the internet. To successfully apply for those same grants will take some time and effort but the payoff is well worth it when you consider that the government and private organizations are giving away billions of dollars every year.
