Top 5 Small Business Funding Grants for Women Entrepreneurs
Starting a business is no easy task, especially for women entrepreneurs who face additional challenges. To overcome these hurdles, there are several funding opportunities and grants available to support small business growth. Here are the top 5 small business funding grants available for women entrepreneurs:
1. InnovateHER Challenge
The InnovateHER Challenge is a grant competition hosted by the Small Business Administration (SBA), specifically geared towards women entrepreneurs. The competition seeks innovative ideas and products that help improve the lives of women and families. The first-place winner can be awarded up to $40,000 to help bring their idea to market.
2. Amber Grant
The Amber Grant is another grant opportunity for women entrepreneurs. This $10,000 grant is awarded monthly to a female business owner and is intended to help them take their business to the next level. In addition to the grant, the recipient is also eligible to apply for a $25,000 year-end grant.
3. Eileen Fisher Women-Owned Business Grant
The Eileen Fisher Women-Owned Business Grant is an opportunity for women-owned businesses that are making positive social and environmental impacts. The grant awards up to $10,000 to help fund growth and development. In addition, grant recipients will receive guidance and support from Eileen Fisher’s Business Grant team.
4. Cartier Women’s Initiative
The Cartier Women’s Initiative is a global competition that awards funding and mentorship to women entrepreneurs. The finalists are selected from six regions (Latin America, North America, Europe, Sub-Saharan Africa, Middle East & North Africa, and Asia-Pacific) and all have the opportunity to receive funding, coaching, and networking opportunities.
5. Women’s Business Centers
The Women’s Business Centers are a nationwide network of centers that offer guidance, training, and resources for women entrepreneurs. They also offer access to financing options including microloans and grants. With over 100 locations throughout the country, the Women’s Business Centers are a valuable resource for women looking to start or grow their business.
In conclusion, there are several funding and grant opportunities available specifically for women entrepreneurs. These grants not only provide financial support but also offer mentorship, resources and networking opportunities to help women succeed in their business ventures. Whether starting a business or looking to take an existing one to the next level, these grants are worth exploring.
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