“Women entrepreneurs are having a tremendous impact on the small business landscape nationwide.”
Of course, we already knew that. However, financing these exciting new ventures come with difficulties. Increasingly, women are being turned down for small business loans. Therefore, women turn to more unconventional sources of funding such as crowd sourcing and online loans. Another useful avenue for funding are grants.
Grants provide an opportunity for money that doesn’t need paid back, but they require strict compliance with the guidelines of the grant. These confusing rules, which differ from other types of funding, can be a road block. However, there are resources out there to help you navigate grants and grant writing.
Check out this article for more information on grants available for women and minorities.