On today’s Business Beat, Jeff Sloan shares NerdWallet’s list of grants specifically for women entrepreneurs. If you’re a woman or if you know a woman who wants to start or grow their business, but is in need of capital to get it really rolling, check out these grant opportunities and others.
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Good morning, Paul! Today in the Business Beat, we’ve got a great list of small business grants available specifically to women entrepreneurs just released by NerdWallet, the online site providing guidance on personal finance matters. Now, Paul, as we know, a lot of people, particularly women, lost their jobs during the pandemic and many are having trouble returning to the full-time workplace, making the idea of starting a business, whether they’re part time or full time, an important option for women. And what I like about grants, unlike loan programs, is that you don’t have to pay the money you receive back. Once you’re got it, it’s yours to use in accordance with the grant program guidelines from the source from which you receive it. So here we go with a few of the highlights from the NerdWallet list of grant opportunities, specifically for women entrepreneurs. No. 1 worth mentioning the Girlboss Foundation grant launched in 2014 by entrepreneurs awards grants twice a year to female entrepreneurs. Second, the Amber Grant awards $10,000 to a different woman-owned business every month. And at the end of each year, one of the 12 grant winners is awarded an additional $25,000. For this grant, the foundation’s advisory board chooses the winners, looking for women with passion and a good story behind their businesses. The Eileen Fisher women-owned business grant, that from the namesake of the women’s clothing retailing brand, awards a total of a $100,000 to up to 10 women business owners each year. Lastly, remember to check out more grant opportunities via Women’s Business Centers. The SBA sponsors about a hundred women’s business centers nationwide, and they’re designed to help women entrepreneurs with business development and access to capital. So if you’re a woman or if you know a woman who wants to start or grow their business, but is in need of capital to get it really rolling, check out these grant opportunities and others, we’ve got the full NerdWallet list of grant options for women posted on startupnation.com. I’m Jeff Sloan, founder and CEO of startupnation.com and that’s today’s Business Beat on the Great Voice of the Great Lakes, WJR.