Sunday, May 18, 2008

Where to Find Grants for Women Entrepreneurs

Where to Find Grants for Women Entrepreneurs

The world of entrepreneurship, once evolved among the masculine and the brave has now become a common place among both men and women.
We have seen the tides change and its already far too long since we last heard that this thing is for men and another thing is for women. There no longer is a separation of opportunities, all of us are already playing on the same terrain.
The sad thought though is that there are too few funding resources and help groups for women entrepreneurs. Good funding resources are very crucial especially for women who are just starting out with business. These are rare indeed that is why women tend to resort to using their credit cards, family loans and assistance from friends which in most cases are hardly ever helpful.
But you see, funding for a business is only one of the many problems among women entrepreneurs. They may also be having troubles in building websites, juggling with researches and making press releases for promotions of enterprise. And hey there are also problems in selling one or two of their products and in contacting clients. Though all that may sound difficult, they surely are worth the time of woman entrepreneur.
After all, it is her business she is building in here.
Various organizations and the government has seen all the hardships a woman entrepreneur has to undergo to be able to make it to the supposedly men's world. This is why they have provided programs for minority businesses to see what its like being among the greats in the businesses, or atleast experience some of their glories.
If you are a woman entrepreneur and is interested in getting grants, the first thing you would want to do is to identify if you are qualified for being given a grant.
The most common qualifications are:§ Obviously, you should be a female or depending on the program, must come from the minority sector§ You must own the majority share in your business§ And your business must show lucrative opportunities for growth
There are a number of government and private agencies that provide grants for women entrepreneurs at various levels.
Say for the federal level, women can undergo self-certification and apply for the Central Contracting Registry database from which many government and private contractors gather to search for small business.
Other programs may be seen on local level where advantages are presented and benefits are granted. Its just the matter of finding them and apply for one that you think you can create your real potentials from.
And because of their own commitment to provide diversified services and opportunities, large corporations are also creating grants for women entrepreneurs. Normally, these large companies were mandated by the federal government to create further services to improve their employment base and to create equal allocations for small business owners.
Well, if you cannot be reached by these options you may always turn to your previous employer and create a market for him, make him your first client. Only, you need to be very careful and see if this would actually pass to your previous boss. If you aren't tactful enough, you might find yourself facing resignation or losing your job. This might be risky but don't be too afraid. Most former employers do make outsourcing for their previous workers t help them start create their own businesses. After all, this will provide them with an extra chance to leverage their compliance to their set-aside goals.
Be warned though that the application process for grants may be time consuming and very demanding. Oftentimes, the providers set specific time for waiting periods with regards to the processing of the grants for women entrepreneurs. And sometimes, bureaucracies may even take the toll of having you wait for several months before your certification is released.
And being an applicant, please anticipate unusual questions to pop up. These might include those that you would not normally hear or expect.
Keep in mind also that grants for women entrepreneurs are meant to help you have that break and not to supply you with an unlimited meal vouchers. So be on guard. Many agencies and grant providers may even cut out their services to you out of convenience. Meaning, they need not provide an explanation in doing so. They just do most of the time.

Where to Find Grants for Women Entrepreneurs

1 comment:

Unknown said...

You've posted some great points here. Obtaining a grant is essential in legitimizing and growing your home business! Although it can seem a daunting task, and may take a while process, it is what women must realize needs to be done in starting their journey to successful entrepreneurship.

I'm an official Microsoft ambassador and right now we're really trying to scale up our connections with influential bloggers like yourself. I'd love to share with you some of the stuff we've been doing in the last couple months to help women entrepreneurs; we're really committed to providing all the necessary resources to help women start, grow and expand their business.

We just wrapped up a women's entrepreneurial tour across the US; the response and turn-out was great!

I'd really love your take on these offerings we have right now; I would have contacted you via email but I didn't know which was the best way to reach you.

Thank you so much, I hope I didn't overstep my bounds by directly contacting you. Definitely get back to me if I’ve piqued your interest-- I’d love to share more info with you.

Best,
Kimberly