On Women’s Entrepreneurship Day, the world celebrates, empowers, and supports women in business. According to a study by Guidant Financial, 27 percent of all small business owners in the U.S. are women, which is nearly 13 million businesses.
Despite the increase in women-owned businesses, FreshBooks statistics reveal female entrepreneurs still earn 28 percent less than men in the U.S. In today’s shifting society, the driving force of equality is advancing thanks to the voices of women everywhere. Additionally, many funding sources are trying to reduce the inequality gap with grants to support the progress of women. For this reason, GrantWatch is sharing five grants for women entrepreneurs below in honor of the day.
5 Grants for Women Entrepreneurs
1. Women Business Owners
Grants of up to $10,000 are now available to women business owners to support their boundary-pushing efforts at creating a more equitable future. Specifically, applicants must clearly demonstrate how their business is unique and is breaking boundaries. This funding is for businesses in the hospitality, music, journalism, entertainment, sports, and film industries.
2. Black Women Entrepreneurs
Black women entrepreneurs may be eligible for grants of up to $10,000 and in-kind support to ensure equal opportunities in business. Meanwhile, the purpose of this program is to support high-impact ideas and solutions and break down barriers caused by racial inequality. The funding source believes in a brighter future where the next world-changing business does not go unrealized because of systemic discrimination.
3. Female Military Spouses & Veterans
Opportunities to attend small business management and entrepreneurship programs are available to female veterans and female military spouses. In addition, this program involves online learning, a conference, and access to ongoing mentoring. Moreover, this program will equip eligible women with the skills they need to successfully develop and grow a business venture.
4. Women Entrepreneurs Helping Women
Women entrepreneurs can apply for in-kind support and $500 in grant funding to help enhance their business or organizational development. Furthermore, this grant is to support the improvement, expansion, and strengthening of businesses that impact women throughout the world. Individuals, small businesses, for-profits, and nonprofit entities working in any field may apply.
5. Female BIPOC Entrepreneurs
Up to $5,000 is available to female BIPOC entrepreneurs to promote health and wellness among female BIPOC (Black, Indigenous, People of Color) communities. Overall, the purpose of the grant is to support health and fitness businesses that make fitness accessible for all. In addition, applicants must demonstrate their commitment to making health and wellness inclusive to female BIPOC communities.
Discover More Grants for Women
“71% of women entrepreneurs start a business to make a difference in the world.”Global Entrepreneurship Monitor