Small-business grants can be a great funding option for startups, as well as for businesses that can’t qualify for traditional debt financing. The downside to free capital is that everybody wants it. It will take a lot of work to find and apply for grants, but time spent searching ...
When looking for business grants, Native American business owners should consider federal, state and private grant funding sources Other business financing options and resources exist if grants aren’t the right fit for your business Indigenous business ownersacross the globe are contributing to their ...
Diverse small business owners play a vital role in driving economic growth, yet many continue to face challengesaccessing capitaland resources. Obtaining certifications can help improve access to new funding opportunities, contracts and valuable networking. It also gives access to public and private pr...
(a) loan, the SBA’s 8(a) loan program is targeted toward small businesses owned by socially and/or economically disadvantaged people. This program sets aside federal funding specifically for minorities. To apply for an SBA 8(a) loan, you have toget certified as an 8(a) business– a ...
It is highly imperative that you do this research beforehand to streamline the funding sources that are directly interested in your area of business and/or support the kind of work that you are doing. Moreover, several grants cater specifically to women and minorities such as SBA InnovateHER Ch...
Minority business grants are available from both private and public sources to assist entrepreneurs who identify as minorities in funding their businesses. Here’s an overview of these grants, their eligibility criteria, application process, and required
Grant funding can help small businesses avoid riskier or more expensive funding sources, like venture capital investments, small business loans and alternative lenders. However, applying for grants is a notoriously long and challenging process, and funding is never guaranteed. Many small businesses hire...
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What are the alternative small business financing options for women? Get started with Swoop No matter if you’re a female business owner seeking your first business loan or you’re a seasoned borrower, working with business finance experts can make all the difference when applying for funding.Con...
Additionally, “a business owner who has experience in the [industry] has a much stronger chance of getting a loan,” said Carolyn Katz, who runs the funding group at Score NYC, an SBA-sponsored nonprofit that provides free business mentoring. “For instance, they started it as a side gig...