Tuesday, June 14, 2011

Grants for Minority Women Starting a Business

businesswoman picture by Paul Moore from Fotolia.com

The Minority Business Growth Company examine demonstrated that organizations owned by minority girls grew at a rate two times as quick as non-minority males and ladies and minority guys from 1997 to 2002. The business proprietors employ much more workers than conventional companies, as nicely. Nonetheless, minority females-owned companies are mainly constrained to way of life solutions this kind of as elegance salons and clothes retail. The disproportionate barrier in between minorities and prosperity nonetheless stays; most of the minority females-owned companies only seize an insignificant quantity of the country's general prosperity. Entry to funds, this sort of as grants, might help girls in expanding their corporations and succeeding as owners.

Catalog of Federal Domestic Help

The Catalog of Federal Domestic Support provides aid or advantages to for-revenue businesses and nonprofit businesses. Corporations ought to be concerned in engineering and scientific examine and Improvement, agriculture, training and medication. A lot of of the federal govt grants are furnished to state and regional governments, exclusively interior-metropolis communities, to revitalize financial Advancement.

Federal Domestic Help
200 Independence Ave., S.W.
HHH Constructing
Washington, DC 20201
202-512-1800
cfda.gov

Groundwork for Females

The Groundwork for Girls commenced in 1997 to provide countrywide and global impoverished girls with business funding by way of microcredits. Microcredit packages present modest loans to people in poverty who are interested in pursuing entrepreneurship. The grants permit females to develop viable business packages, acquire components and products, or industry their organizations. The Support makes it possible for females to create emergency money for the duration of expert transitions, or undergo expert Advancement with neighborhood school plans.

Groundwork for Ladies
4747 Morena Blvd.
Suite 375
San Diego, CA 92117
858-483-0400
foundationforwomen.org

The American Association of College Girls

The American Association of College Females delivers yearly Profession Growth Grants to help ladies with bachelor's degrees as they go after skilled Advancement or enter new fields this kind of as entrepreneurship. A lot consideration is offered to females of colour. Qualified candidates need to look for their initial specialist degree or certification. The funding addresses the expenses of publications, transportation, conferences and distance studying. The association offers 700 awards per year totaling $500,000, as of 2010.

Countrywide Workplace
AAUW
1111 sixteen St. N.W.
Washington, DC 20036
800-326-2289
aauw.org

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