• List of Grants for African-American Women to Start a Business |


    Finding grants specifically targeted to African-American women can be challenging. A better way to begin searching for start-up funds is to look for funds targeted to minorities and women. When searching for funds, read through the grant eligibility section to ensure the business meets grant requirements. African-American women can also look at industry-specific grants.

    Huggies Mom-inspired Grant Program

    Huggies’ grant program offers $15,000 in seed money and business resources, as of 2011, to help women develop original product ideas and start businesses that help improve the lives of parents. Applicants must be at least 21 years old and live in the U.S. Products should focus on prenatal care through early childhood up to six years of age. Applicants will be judged in five areas: adherence to eligibility rules, stage of idea or business development, commercial viability, a product that solves an important parenting issue and originality and creativity.

    Business Owners’ Idea Café Small Business Grant

    A small business is awarded a grant of $1,000 plus $1,500 in advertising opportunities with this grant program. It is open to anyone who currently owns a business in existence for at least six months. Applications for the grant are received from April 13th through June 12th. The voting stage is from July 1st through October 1st. A total of 150 finalists are chosen from the applications received. Second and third place winners receive $500 worth of advertising.

    Federal Grants

    To locate grants through the federal government, a great place to begin is with their grant database website, Grants.gov. Searches are conducted by category, agency and Recovery Act opportunities. Many of the grants offered to businesses are given to nonprofits helping businesses in their communities and to organizations and companies that do business with the federal government as contractors. Another place African-American women business owners should consider is the federal government’s Minority Business Development Agency, which has local offices around the country and may help business owners find local grant sources.

    State and Local Grants

    When trying to locate local business grants, African-American women can start with their state’s grant office. These offices have lists of all federal, state and local grant opportunities in the state for everything from housing and education to business. Business owners can locate their state’s office through a link on the U.S. Economic Development Administration website. Many state and local grants are given to companies that will produce jobs and further the economic growth of industries in that state. The state and local governments also have similar grants to those offered by the federal government that they award to companies that can work with the state or local government as contractors. They will also have a list of companies and foundations in the state that are awarding grants targeted at minorities and women.

    List of Grants for African-American Women to Start a Business | Chron.com

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