What Business Grants Are Available for Minority Women Business Owners?Sep 01, 2022
Top 7 Grants for Women-Owned Businesses
Are you thinking of starting a business or looking to take yours further? The good news is you are not alone. Grants for women-owned businesses will facilitate business growth, so take advantage of these grants and give your business the space it needs to thrive!
Here are our top seven picks.
1. The Girlboss Foundation Grant
To be eligible for this semi-annual grant, you must have a women-owned business operating in the arts, design, music, or fashion industries. Designed to help creative female entrepreneurs thrive, The Girlboss Foundation offers winners $15,000 in funding for their projects.
2. The Amber Grant
Created in memory of Amber Wigdahl, a 19-year-old who sadly passed away before she had the chance to make her business dreams a reality, Amber Grants award at least $35,000 each month. This program includes grants for women entrepreneurs in marketing and different business categories.
3. Cartier Women’s Initiative Award
This award offers grants for women-owned businesses worldwide, choosing a winner candidate from three different regions, from $30,000-$100,000. These inclusive grants for women-owned businesses could permanently alter the trajectory of a woman’s business ventures.
4. Eileen Fisher Grant
Grants for women-owned businesses from the Eileen Fisher organization are as high as $200,000, and individual grant sizes range from $10,000 to $40,000 each. Particularly, this grant seeks to support organizations that promote female participation in a sustainable economy, teach women about climate change action, and help women participate in decision-making.
5. The Halstead Grant
The lucky winner of this jewelry designer grant gets $7,500 in startup capital and $1,000 in merchandise. Designed for people who make silver jewelry, this grant offers women the chance to expand their business models. Up to five semi-finalists may receive smaller cash grants of $250 or $500 alongside business promotion guidance from experts.
6. Tory Burch Fellows Program
This program chooses up to 50 Fellows annually to receive a $5,000 grant, networking opportunities, and workshops. The Tory Burch Foundation is a timeless fashion brand sponsoring grants for women entrepreneurs. The Women of Color Grant Program specifically offers grants for minority women-owned businesses.
7. FedEx Small Business Grant
FedEx has a program that awards grants of amounts of up to $50,000 to several winners during their annual contest. FedEx has seen the benefits of sponsoring grants for women entrepreneurs and is working to support women to gain the funding they need to grow her women-owned businesses.
Starting a new business is scary, but knowing there are support systems and grants makes it that little bit easier. Ready to start thinking of how to fund your brand-new business? Check out this blog for more top tips.
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