How to Get Women and Minority Owned Business Grants
If you are starting a new business or are looking for funds to further expand an existing one, it's worth applying for funding from the wide range of women and minority owned business grants available.
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Instructions
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Planning is the name of the game. Before you even start applying, gather all of the materials you'll need to show as evidence in support of an application. This might include your business plan, bank statements, vision statements, etc.
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Grants for minority and women-owned businesses tend to be offered on a regional rather than national level. However, the federal government does offer a grant and low interest loan finder. Check out resources to give it a whirl.
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But don't stop there - serious networking could turn up some potential funds and/or a mentor to guide you through the minefield that is specialist funding.
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Sometimes it's who you know... So, think about all of your affiliations - high schools, colleges, trade associations and your chamber of commerce. These places may have targeted minority and women owned business grants.
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When it comes time to filling in applications, you might find it easiest to set aside a weekend (or two) to do these all at the same time. This is because you'll probably spot shared information - so it saves you time.
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Presentation is incredibly important when applying for competitive funding such as minority and women owned business grants and loans. Always doublecheck your spelling and ensure all of your answers follow a logical pattern.
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Have a friend (or three) check your work before sending in your final application.
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