Free Business Grants for Women: $500 Award

Webmomz New Business Grant for Women Offers Small Business Financing

Free Business Grants for Women - Ivan Prole
Free Business Grants for Women - Ivan Prole
Finding free business grants for women can be tough, but the Webmomz New Business Grant for Women has been offering a $500 award since 2004. Learn how to apply and win.

Starting a new company, whether as a self-employed contractor working from home or incorporating and investing a great deal of money, can be a daunting task. Women searching for start-up funds can find it difficult to get assistance for a variety of reasons, but Webmomz has designed a very easy application for their annual $500 free small business grant for women. This award provides small business financing for female entrepreneurs. Read on to learn how to apply.

Free Business Grants for Women

The Webmomz New Business Grant for Women is designed to help female entrepreneurs to get seed money to start small businesses. Started in 2004, the program awards one grant per year to help with small business financing and start-up funds.

Past winners of these free business grants for women include:

  • A jewelry company
  • A baby gift basket company
  • An after school program
  • An online accounting services firm
  • Personal chef services
  • Massage therapy practice

These are all women-owned small businesses that many people dream of opening but can't afford to do so because of financial or time limitations. The point of the Webmomz New Business Grant for Women is help female owners overcome these obstacles and start the companies that help grow the economy.

Small Business Financing

The requirements to apply for this small business financing opportunity are:

  • Must be 18 or older
  • Must be a woman or a group of women
  • Must live in the United States
  • The company must be new
  • Must submit a business plan

New Business Grant for Women

The entire application process is online, so applying for this new business grant for women is accessible for anyone who meets the basic requirements and who can complete an online application and submit a basic business plan.

Unlike many grant programs, there is a fee of $10 to enter into the competition. Each prospective female business owner must decide for herself whether the fee is worth entering to try for this small business financing.

To get started, go to the application page for this new business grant for women and see whether submitting a plan is the right choice in trying to get start-up funds. Grants for small businesses, especially for women, can often be tens of pages long and require scores of hours to complete. Simpler applications, like this one, are rare.

There are thousands of free small business grants offered by foundations, corporations, and federal, state and local government, but weeding through the red tape can be confusing and frustrating for people who just want to get started.

Programs like the one described here, and others, can be found with some research in print guides and online websites. The benefits of receiving start-up funds from a small business grant for women are worth the longshot, but only if prospective business owners keep searching and applying.

Related Articles on Start-up Funds and Grants

To read about a completely separate $500 small business grant for women, turn to Grants for Small Businesses - $500 Free Money to learn about the Pay It Forward program.

For owners seeking information on how to complete a grant application, turn to What is a Grant Writer? to understand better how to achieve success with small business financing and grants.

Melanie Zoltan, Image by Erik Zoltan

Melanie Zoltan - Melanie Zoltan is a former college professor and administrator who has written for About.com, PCWorld, Brain Child, Thomson Gale, and ...

rss
Advertisement

Comments

comments powered by Disqus
Advertisement
Advertisement