Women have some advantages, for example, women can be very intuitive and they have the ability to blend analysis and creativity; very useful qualities for successful business startup and expansion, as proven by the growing number of successful businesses owned by women. So, where to find funds to get started in business or expand the one you have? The United States government provides economic aid, in the form of Government Grants, from the general federal revenue to various recipients, to carry out public support or stimulation as authorized by the law of the United States. The grants are distributed by 26 grant making agencies which provide hundreds of billions of dollars of funds to around 900 grant programs administered by the states, local governments and various agencies. These grants are to stimulate economic growth. Although business grants for women are not available directly from the U. S. government, free help for planning, starting and expanding businesses, and cheap loans are. The Small Business Administration provides planning, financing, training and advocacy for small businesses and it works with thousands of lending, educational and training institutions nationwide and is able to provide low interest loans. The U. S. Small Business Administration, or SBA, has offices in every state, the District of Columbia, the Virgin Islands and Puerto Rico. The contact details for each of these can be found at SBA Women’s Business Centers. The SBA can help you if your business is, or will be independently owned and operated, is not dominant in its field, and meets the maximum business size standards. Business grants for women are available from the states. Contact details for each state can be found at Grant Resources by State. Simply put, discover which grants you are eligible for, and apply for them. Business grants for women are also listed in the Catalog of Federal Domestic Assistance. In fact, the CFDA provides a full listing of all Federal programs available to State and local governments (including the District of Columbia); federally-recognized Indian tribal governments; Territories (and possessions) of the United States; domestic, public, quasi- public, and private profit and nonprofit organizations and institutions; specialized groups; and individuals. It is of course comprehensive and, once again it is necessary to discover the grants for which you are eligible and apply for them.
Posts Tagged ‘United States Government’
Business Grants For Women
December 17th, 2009Some Important Guidelines For Business Grants
December 12th, 2009Every year millions of dollars are given away by United States government to people for various purposes including your personal and business needs. If you are thinking of starting a new business or want to expand the present business but lack in funds then you can always apply for small business grants. Though they are many grants offered by the government yet it is not easy to receive one as according to the most famous proverb, there can be many slips between the cup and the lip. There are many reasons on the basis of which many times proposals for grants are rejected so special care has to be taken while seeking grants. Granting agency sets specific guidelines and it becomes utmost important to meet these otherwise the chances of getting a grant gets negligible. Hereby you are given some tips, which would help you to clear the hurdles and achieve your purpose: Firstly the intention and the objective for applying grant has to be explained comprehensively and explicitly so that the officer-in-charge reading the proposal should easily understand it. The format of the proposal for grant should be systemized in such a manner that it clearly sketches the features of the business plan for which the grant is needed and then each and every step is elaborated upon. Also make sure that the grant proposal is double checked for any spelling, grammatical and typing errors before submitting it for perusal. Also do not forget to submit the proposal within the fixed time frame. Do not give vague ideas rather goals should be clearly defined and facts should be well researched and formulated to make your proposal more authoritative. There is also need to put in extra time and effort to calculate the estimated cost and funds required while applying for grant and strictly avoid any guesswork in this stage. If the grant reviewer gets even a little suspicious over the funds needed and the accurateness of the application, then the chances of getting your grant proposal being rejected gets manifold. What is optimal is to do research of the granting agency and find what is that they look for just to make certain that your application is appropriate according to their specifications. The grants require to strictly adhere to their rules otherwise your proposal may get rejected. For example if certain agency requires the proposal to be submitted online, then do it as required without asking for any other alternative. Agencies granting money are anxious to know where the money is going to be spent by whom and why and ultimately who are all going to be benefited. So make sure that person who is writing this grant proposal should clearly mark these areas. Grants are not easy to find and are extremely competitive so it becomes all the more important to present best possible proposal to the extent that it instantaneously captures the attention of the grantor.
