If you're a small business owner, there are grants available that can help you grow your business. Business grants can provide needed funding for a wide range of purposes, so it's worth applying if you think you may be eligible. Keep in mind that the application process can be competitive, so make sure to put your best foot forward and submit a well-crafted application. Check out these business grants that are open now and accepting applications!
Grants are great funding sources because, unlike loans, you do not have to pay back the money you are awarded when you win a grant. Because of this, the competition for these grants is often very high, and the application process can take some time. That said, many grants are available for women business owners, and it can be worth taking the time and effort to apply for a business grant.
Here's a list of three great small business grants for women-owned businesses and the qualification requirements:
The Passion Collective will be awarding four grants of $1,500, coaching from leading strategy and culture consulting firm Keystone Group International, AND a free year of Passion Collective On Demand.
Atomic Grants are available to those who identify as a woman, and who are 21+. You can live anywhere in the world - as long as you can receive the money digitally and you are connected via email and social media.
Grants run each quarter, with a new form each time. 2023 deadlines are 5pm CST on these dates:
IFundWomen launched this program last year, IFundWomen has secured more than $8M in corporate grants to pay forward to their members. So far, they have only deployed around 40% of the grant pool, so there is still a ton of money to go around.
Requirements: The requirements for this grant are standard and shouldn't take as long as some other applications. According to the application site, filling out should take you no more than 20 minutes.
This foundation awards $10,000 to two female business owners every month. One of the 12 recipients for the year gets an additional $25,000 year-end grant in December. The programis geared to helping women business owners achieve their entrepreneurial goals in honor of Amber, a young woman who died before fulfilling hers.
Requirements: The Amber Grant Foundation looks for female business owners who are passionate about their ventures. Tell a story about your business and what you intend to do if awarded the money. There is a $15 application fee.