Small Business Grants for Women to Expand an Existing Business
Many grants are aimed at assisting women in expanding an existing business. Most grants require women entrepreneurs to attain a 501(c)(3) tax-exempt status before their business can be considered eligible for grant funds. Many grants are also based on the need a business is designed to address.
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WHO Foundation (Women Helping Others)
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As of 2011, the WHO Foundation had provided $4 million in grant funding to small businesses since its establishment in 1993. WHO provides funding for organizations that have been operating for three years or more. Qualifying organizations must have an annual budget of less than $3 million, collect less than 30 percent of business income through government funding, and salaries that make up less than 50 percent of the total budget. Moreover, if your business is currently receiving funds from the United Way, these funds must be less than 30 percent of your total business income.
Portland Women's Foundation (PWF)
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As the name implies, the Portland Women's Foundation provides assistance to small businesses in the Greater Portland, Oregon area. PWF has been providing resources to affect positive changes in the lives of women for more than 100 years. The program funds small organizations that aim to assist women in becoming independent, economically empowered and self-sufficient. Typical grant amounts range between $1,000 and $10,000.
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Women's Funding Network
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The Women's Funding Network funds more than 160 organizations as of 2011. Funded organizations include public charities, private foundations, and community foundations. The Women's Funding Network is one of the largest philanthropic networks in the world. The network funds organizations that focus on a wide range of issues affecting women, including social justice, poverty, financial empowerment and even global security.
Chicago Women's Foundation
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Established in 1985, the Chicago Women's Foundation has been providing funding and resources to organizations aimed at improving the lives of women. The goal of the foundation is to increase the likelihood that girls and women will reach their full potential in life. The focus of the organization lies in women's advocacy, leadership development, and public grantee education. Typical grant amounts range between $15,000 and $50,000.
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