Grants & Women
Free Government Grants for Women
Business Grants for Women
Thousands of women start businesses each year. Many of them turn to women business grants for assistance. These grants are open to businesses that are mostly woman-owned. If over 50 percent of a business belongs to a female, it is considered so and is eligible for various forms of financial assistance. Business grants for women are a highly desired type of financial aid, because the awarded funds do not have to be returned. They are gifts that can help you succeed if used wisely. Because of their many benefits, they are in high demand. If you are interested in these grants, you have to take a few steps before you apply. First, make sure that your credit standing is acceptable and free of red flags. Second, prepare an organized and clear business plan. Next, certify that you are a woman-owned business through a third party like the US Small Business Administration (SBA). The SBA sets guidelines on what is considered a small business. In order to qualify for business grants for women, your company needs to be within the set limitations. A mining or manufacturing company must have less than 500 employees. A wholesale trade business must have less than 100 employees. Retail and service companies must not go over $6 million in annual revenues. Construction companies must not go over $28.5 million each year, and the revenues of special trade contractors must not exceed $12 million. The limit is $0.75 million for agriculture businesses. If you need help covering startup expenses or equipment financing, always remember that you can apply for business grants for women.
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