Are there really grants for women-owned businesses out there? If you’re leery of any advertisement or website that promises to connect you with grants for small businesses, you’re smart. As the saying goes, if it sounds too good to be true, it probably is—and “free money” certainly sounds pretty good.
However, it’s a little different for women business owners. In fact, there are many grants for women-owned businesses that meet specific criteria, and being a woman is often one of them.
Here are some resources that can help you find grants for women:
As an example of a woman-focused grant program, the Eileen Fisher Women-Owned Business Grant Program awards grants to 100 percent women-owned businesses that are founded on the principles of social consciousness, sustainability and innovation and are ready to move to the next phase of development. This year, the program will award a total of $125,000 in grants, with a minimum of $12,500 per grant.
So what do you do when you find a grant that sounds perfect for you?
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Rieva Lesonsky is CEO of GrowBiz Media, a media and custom content company focusing on small business and entrepreneurship. Email Rieva at firstname.lastname@example.org, follow her on Google+ and Twitter.com/Rieva, and visit her website, SmallBizDaily.com, to get the scoop on business trends and sign up for Rieva’s free TrendCast reports.