Thursday, February 7, 2013

Black Women Business Grants

Black women business owners are breaking barriers with the aid of grants.


There are few government grants specifically for black women who want to succeed in the business world. However, there are grants to be found offered by nonprofit organizations and foundations. While some of these programs are not solely for the advancement of black women, they do target members of minority groups and support the advancement of their business endeavors through continuing education. These grants are provided to aid black women to enter professional fields where they have been underrepresented in the past.


American Association of University Women


For 2009-2010, the AAUW provided 48 career development grants with a large percentage of them going to minority women. The association awarded around a total of $500,000 among winners. These grants are intended for adult women who hold a bachelor’s degree and want to re-enter the work force, change careers or advance their business in the fields of education, public health or international business. The association gives consideration to women of color for this grant.


AAUW


Career Development Grant


301 ACT Drive


Iowa City, IA 52253


785-7800-900


aauw.org


Thurgood Marshall College Fund Student Entrepreneur Grant


The TMCF grant is open to black women who attend one of the 47 historical black colleges or 6 black law schools in the United States. The grant is awarded to black business entrepreneurs. In 2010, each winner was gifted $10,000 in grant money to start a business.


TMCF


90 Maiden Lane, Suite 2203


New York, NY 10028


212-573-8888


thurgoodmarshallfund.net


Raise the Nation


Raise the Nation awards scholarships and grants to minority women who are also single parents to continue their education. The grant is to be used to improve the living conditions of minority women by giving them the ability to afford a college degree and advance their careers. The grant money is to be used to pay for tuition, books, dependent care and living expenses.


Raise the Nation


PO Box 9058


Albuquerque, NM 86188


505-275-1302


raisethenation.com


Alpha Kappa Alpha Educational Advancement Foundation


AKA is one of the oldest sororities for black women in America. Their educational foundation awards grants to more than 100 career projects each year. Qualifying for funding include education, business, mentoring and research. Candidates must be enrolled in a college degree program, have a 3.0 GPA and demonstrate community service experience. Applicants can download an application from the AKA website. Deadline for applications is August 15.


AKA


5655 S. Stony Island


Chicago, IL 60736


akaeaf.org


United Negro College Fund Social Entrepreneurship


The UNCF award is a nontraditional grant used to give recent college graduates full-time leadership positions with nonprofit organizations rather than cash money. Working with New Sector Alliance, the fund offers employment with high consideration targeted at black women with 10 years of business experience. This program provides minority participants with leadership and management experience and opportunities to network with leading corporations to give them the tools to develop and open their own businesses. Deadline for applications is April 9.


UNCF


8210 Willow Oaks Corporate Drive


PO Box 10434


Fairfax, VA 22131


uncf.org







Tags: black women, minority women, Raise Nation, advance their, black women