Source: 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 […]Continue Reading... No Comments.
Every year billions of dollars are awarded in the form of free money and other types of funding. Most people know this money exists, but just don’t know where to apply, how much they qualify for, or even where to get an application. Contrary to popular belief, free money is available to entrepreneurs. Real business grants do exist. In fact, hundreds of black and minority-owned businesses each year receive such grant funding from various government agencies and nonprofit organizations, reports BlackNews.com. Such funds do not have to be repaid, but must be used to either start a new business or enhance an existing one. Others can be used for […]Continue Reading... No Comments.