Over the years, there have been close to 9.1 million women-owned businesses in the United States, a 68 percent increase since 1997, according to The 2014 State of Women-Owned Businesses Report from American Express. This number continues to grow as more women are empowered and recognized.
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As women become more prominent in the business world, we see more private organizations stepping up to help women continue to go down this entrepreneurial path, to make a mark and leave a legacy behind. Following are a few such organizations or individuals that support women in business and have dedicated grants to ensure that women can carry on their dreams of being independent and successful, while growing the economy as a whole.
The Eileen Fisher Women-Owned Business Grant Program: Five grants are awarded annually. The businesses must be 100 percent women-owned and have founding principles of social consciousness, sustainability and innovation, plus be ready to move to the next phase of development. In 2014, the program awarded $125,000 in grants.
Huggies Brand – Mom Inspired Grants: The grant awards up to $15,000 to advance the development of innovative products inspired by the joys of motherhood. The awardees also receive resources to further develop their products and startup businesses.
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InnovateHER: 2015 Innovating for Women Business Challenge: This business challenge is sponsored by the Small Business Administration (SBA) Office of Women’s Business Ownership. The challenge awards three winners $30,000 in prize money for businesses that have an impact on the lives of women. However, be aware of the recent fraud news around the SBA.
Chase Google – Mission Main Street Project: Chase and Google have partnered to award $3 million in grants. In 2014, recipients were awarded $150,000 to help take their businesses to the next level. Recipients also received a trip to Google headquarters, a Google Chromebook laptop and a $2,000 coupon toward a market research study with Google Consumer Surveys.
Listed here are just a few of the many grants that are now available for women to look to as additional resources to continue their success and let their innovation come to life. Check out https://www.entrepreneur.com/article/247215# to explore more grant options.
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