July 27, 2015 IBOMLLC Team

Best Grant and Funding Programs for Women-Owned Businesses

Innov8tiv – Blacks In Technology in USA, UK, Caribbean Islands & Africa

Women are quickly making their way into businesses around the globe. According to a study, there are more than 9 million women-owned businesses in the US alone. While crowdsourcing and venture capital are the spirit of the modern day startup ecosystem, raising funds and getting grants for women-owned businesses is still a daunting task full of impediments. Recently, several cases have shown that banks tend to reject business loans to women-owned businesses, citing the businesses as “risky”. However, there are ample opportunities for business grants and funding sprouting up in the US and around the world. There are special organizations and departments for businesses which offer special grants and funds to women-owned business provided they come up to the expected stipulations and basic criteria. Here are some of the best options women-owned business could use to get grants and funding.

Minority Business Development Agency

Minority Business Development Agency (MBDA) is an agency of the US Department of Commerce, specifically set for minority and women owned businesses. You can visit the agency’s website to learn about the criteria to apply for grants. There are many …read more

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