10 Grants You Need to Know About for Your Woman-Owned Business or Organization


6 min read

Opinions expressed by Entrepreneur contributors are their own.


Four out of every 10 businesses, or 40 percent, in the United States are now women-owned, according to The 2018 State of Women-Owned Businesses Report from American Express. These businesses employ 8 percentof the total private sector workforce and contribute 4.3 percent of total revenues

The combination of women-owned businesses and firms equally owned by men and women — 14.6 million — account for 48 percent of all businesses.

In addition, the number of women-owned businesses, 2007 to 2018, grew by 58 percent, the report said.

Related: 5 Unstoppable Female Entrepreneurs Making Their Dents on the World

These numbers illlustrate what we already know: Women entrepreneurs are having a tremendous impact on the small business landscape nationwide.

Yet to continue to be competitive and grow, these entrepreneurs have to find funding for their ventures. And, alarmingly, women business owners are having trouble getting bank loans. Thankfully, they still have other options, given the rise of technology-driven financial lending sources — such as online loans, peer-to-peer loans and crowdfunding.

Then there are government grants. While not widely known or used, these grants are another great option for women seeking extra funding for their business ventures. They just take a little more work.

 

Source

more recommended stories

  • How This Croatian Basketball Player Made His NBA Dream Come True

    Ivica Zubac, center for the Los.

  • How to Measure Performance of Your Outsourced Developers

    Focus on the outcome, not the.

  • 5 Reasons Why Kindness Has Become the Key to My Happiness, Both in Business and in Life

    One small act of kindness, even.

  • Why Your Stomach May Hold the Key to Your Mental Performance

    Don’t just blame your apathy or.

  • Learn How to Make Smarter Real Estate Investments

    These expert-led classes guide you through.

  • Strong Retail Sales and Corporate Earnings Results Boost Entrepreneur Index™ and Confidence in the Economy

    The Entrepreneur Index™ posted a modest.

  • Mitch McConnell Is Positioning Himself as the Champion of the U.S. Hemp Industry

    The Senate Majority Leader sees hemp.

  • An Argument for Farming Hemp

    U.S. agriculture has seen better days,.

  • Entrepreneur Index™ Down as Medicare-for-All Idea Rattles Healthcare Stocks

    The healthcare industry, normally a defensive.

  • 10 Time Management Tips That Work

    Are you working on clock time.

  • How This Entrepreneur Is Improving Women’s Health

    This non-profit is testing new strategies.

  • Netflix Surges Before Earnings Report and Pushes Entrepreneur Index Higher™

    Meanwhile, the real estate investment trust.

  • Tax Audits Are on the Rise. Here’s Why You Shouldn’t Freak Out.

    Don’t panic, a letter from the.

  • Green Entrepreneur’s New Podcast Will Make You Smarter About the Cannabis Business

    The weekly show features in-depth interviews.

  • Alibaba’s Billionaire Founder Jack Ma Says Companies Forcing Staff to Work Overtime Are ‘Foolish’

    He was responding to a debate.

  • How This Entrepreneur Used CrossFit to Build a Business

    This Entrepreneur won the 2008 CrossFit.

  • How to Negotiate the Price of a Pricey Premium Domain

    Buying a domain at the asking.

  • This Guide Can Help You Shed Your 9-to-5 and Become Your Own Boss

    Shape your own path as an.

  • Do You Have Trouble Sleeping? If So, This Might Help.

    Lack of sleep can affect your.

  • This Leader Says That 4 Words Changed His Life

    April 13, 2019 1 min read.

  • Boost Your Website’s Visibility With This SEO Course

    April 13, 2019 2 min read.

  • Strong Earnings and Big Oil Deal Push Stock Prices Higher

    Oil producer Hess Corp. helps the.

  • How to Monetize Your Podcast

    Gary Coichy, the Founder and CEO.

  • Why Is There No Green in the Garden State?

    Despite wide support by New Jersey.

  • Tesla Shares Down After Gigafactory Expansion Put on Hold

    Plus, Bed Bath & Beyond plummets.

  • Why Can’t Cops Tell Them Apart?

    Both plants are cannabis, but there.

  • Amazon Employees Call for a Company-Wide Climate Change Plan

    This doesn’t guarantee that Bezos and.

  • Bed Bath & Beyond Once Again Drives Entrepreneur Index™ Higher

    The retailer reports earnings after market.

  • 3 Tips for Getting Emails Noticed, Opened and Read (60-Second Video)

    Here’s how to make your messages.

  • No to Casinos, Yes to Cannabis

    Faced with hard times, Bristol, Virginia.

  • 3 Ways to Make Quick Cash on the Side

    From selling unused gift cards to.

  • Wynn Resorts Continues to Soar Despite Flat Day for Entrepreneur Index™

    The stock is up 46.4 percent.