Women are the largest minority in the United States.
Grants for minority women in business are few in number. Federal and state governments do not provide grants specifically for minority women, but there are subsections for either women or minorities available. The few that do provide grants for minority women are non-profits and private organizations. Small business loans targeting women are slightly more common and typically have low interest rates.
Craft Grant
Read all requirements before submitting any grant application.
The woman's craft grant, funded by Womens-Finance.com, is open to women who own a handmade craft business in the United States. There is a full grant of $500 and a smaller $100 grant. Larger grants ranging from $1,000 to $5,000 and special minority grants are available when funds allow. You must send applications online.
womensbusinessgrants.com
Help from Non-Profit Business Groups
SCORE counselors work to help you start and maintain your business.
SCORE (Service Corps Of Retired Executives) offers counseling to new and developed business owners. There are offices all over the U.S., and SCORE can assign individual counselors to assist in finding and applying for grants specifically for minority women. Grants from local offices are occasionally available. Loans are also available.
SCORE
330 N. Brand Boulevard, Suite 190
Glendale, CA 91203
818-552-3206
score.org
Women's Network
If you are unable to receive a grant, ask about other options such as low-interest loans.
Women's Funding Network provides support and grants for minority and low-income women. The organization works with many other non-profits and private organizations to assist in funding.
Women's Funding Network
505 Sansome Street, 2nd Floor
San Francisco, CA 94111
415-441-0706
womensfundingnetwork.org
Digital Grants
Don't overlook smaller grants.
Digital Women Grants provides a $750 cash grant to businesses that are at least 51 percent women owned. The organization collaborates and encourages many other businesses to provide grants to women and minorities. The website also contains information for scholarships available to women and minorities. You must send the completed application in the mail.
digitalwomengrants.org
Girls Grant
It's never too early or too late to start your own business.
Girls Going Places, part of the Guardian Life Insurance Company, provides grants for girls 12 to 18 years old who show promise in entrepreneurship and have already taken the first steps to becoming financially independent. The organization especially encourages minority and low income girls to apply. Awards go to the top three winners and 12 finalists annually.
The Guardian Life Insurance Company of America
Girls Going Places.
7 Hanover Square, H-26-E
New York, NY 10004
212-598-8000
guardianlife.com
Texas Grant
Texas has the second largest number of women-owned businesses.
The Texas state government has grants for women wanting to start a business and for women who want to expand an existing one. The grants awards are through the Commission for Women, which seeks to help women of all races. Applicants must conduct a business headquartered in Texas.
Commission for Women
1100 San Jacinto
Austin, Texas 78701
512-475-2615
governor.state.tx.us/women
Tags: provide grants, women minorities, Commission Women, Funding Network, Girls Going, Girls Going Places, Going Places
