Small Business Grants Available for Women
The proportion of small businesses owned by women in the UK and the US has never been greater.
That means more and more women are looking for cost-effective ways to help finance those businesses.
While small business loans and credit cards can release the capital to cover the costs associated with setting up and growing a business, they can be expensive ways to borrow money and you might be tied into an agreement for longer than you might like.
So, what’s the solution?
How about some free money!
It might sound too good to be true, but that’s exactly what small business grants for women are.
In both the UK and the US, pots of money are made available by the government and other organisations that only female business owners can apply for.
And, if your application is successful, you’ll receive the money with no repayment terms or interest rates attached.
While free money can never be a bad thing, there are a few caveats attached. As you’d expect, the application process for small business grants for women is extremely competitive. In some cases, the money also has to be used for a specific purpose.
There’s also no real central hub where you can find all of the small business grants for women, as they are offered by a diverse group of organisations and institutions.
That can make finding grants that are available to the type of business owner you are and the sector you operate in a challenge, but that’s something we hope to fix.
Read the rest of the article here.