Posts Tagged ‘Credit History’

Where Do Women Go To Find Business Grants Or Loans

December 25th, 2009

If you are a woman business owner then you know that there are many things for you to focus on, especially how to find money for your business so it can grow and thrive. Did you know that some funding sources out there specifically target women entrepreneurs?
If you are looking for a grant, don’t be hesitant to look because of what the business is going to be. There are literally hundreds of grants for women wanting to start craft businesses, consulting, brokerage, record labels and more.
Here are several sites that hopefully will prove helpful and lead you to what you are looking for.
One site that is worth checking out is The Ladies Club 2000. It is required that you sign up and become a member. It’s free of charge and then you will have access to grant information. www. theladiesclub2000. com/grantsforwomen. htm
On Women’s Finance, there are two different kinds of grants offered. There is the new business grant that is between $100 and $5,500 and one for existing business that ranges from $1,000 to $5,000. You must apply. www. womensbusinessgrants. com
It seems at times that our government does not want us to succeed, but it does. Most places have requirements in order to get a grant such as being over 65, a minority, or even having bad credit. The site listed has additional sites that are looking for women to give grants to in these areas. www. womenowned. com/Growing/Funding/Opportunities. aspx
Here is a new fundraising organization that raises money from women for women. Loans are given from $500 to $10,000 (for first time recipients the maximum amount is $5,000). It is called Count-Me-In and looks like a great resource with funding consideration based on experience over credit history. www. count-me-in. org
The Women’s Funding Network promotes the development and growth of women’s funds then empowers women by fostering strategic alliances among women donors and institutions. www. wfnet. org
www. WomensNet. Online. net – This one offers helpful resources from grants for women business owners to detailed practical help with marketing, advertising, accounting and thousand other details serving women entrepreneurs.
The Ada Project for Women (TAP) includes information on discussion groups, fellowships, grants and notable women in computer science. www. tap. mills. edu
The sites listed here are worth checking out to help you find small business grants, loans or fellowships. Don’t get discouraged, as this is time consuming and will lead you away from your dream. Remember, above is just a start and they can lead to other sites or points of promise. Good luck, you deserve it as much as anyone else!

Pursuing Government Grants For Your Small Business

December 13th, 2009

What is free government money? Here are a few facts about federal government grants. These grants truly are free government money. You do not have to repay this government grant money. You are not charged any interest on these government grant money. The grants are totally tax free money. You do not require any credit history or banking record to receive these grants.
All the facts above are very good reasons for ordinary people to pursue government grant money.
A commonly asked question is, are there really any government grant programs for the type of business I want to start, an online business?
The Answer, Yes, there are lot many government grant programs or free government money for all types of small businesses, including home based internet businesses.
But before we go into details about government grant programs or free government money for small business, let me caution you about some things.
The money is free but it is not free from government regulations and rules. The first thing you must know is that there is full monitoring and auditing of these government grants. You are expected to spend the money you request in particular manner and for the particular purpose that you applied for.
The grant money that was mutually agreed upon must be spent within a particular time frame. If you fail to follow the conditions set from the government, then there can be heavy penalties, sometimes leading to fines and maybe even your imprisonment. So make sure that the grant you are seeking for your small business is used for the specific purpose that you stated when you applied grant. And make sure the money is used within agreed upon time frame.
Another question that is very common is, how much money is really distributed by the US government for small business purposes?
The answer, can you believe that more than thirty billion dollars are given annually by the government to help small businesses? Yes It’s true.
The thirty billion dollars comes from more than eighty sources at the federal government level, all allocated for small businesses across America. There are also more than three thousand state level sources that sre the source of funding for almost any small business.
There are sub categories also. There are different government grant programs for women, for low income groups and for minorities. More than twelve millions is set aside for these sub category groups.
There can be two basic types of monetary help for small businesses. You can get start up capital to start the business. You can also get monetary help to expand your existing business. More than one million small businesses have received free government money on an annual basis.
What sort of businesses are covered under these government grants for small business programs? As I mentioned before, practically every type of industry, home base industry and so many others are covered under these programs. There are just to many to list in this short article. The research you perform will expose the exhausting list of qualified businesses available for these federal and state grants.
If your grant search is intensive and thorough enough you will have no problem finding a grant to fit your needs. When you do find one choose one that is suitable for your needs. Make sure that you qualify and are truly eligible for the grant. If you are persistent enough to get through all of the red tape and follow the application instructions as instructed you may be well on your way to benefitting from a free government grant for your small business.
I hope this article was of some use to you and good luck with your search for a federal or state government grant.