Starting one’s own business can be a bit challenging, especially when it comes to financing said venture. However, there are countless organizations that are committed to relieving the burdens that come with this unavoidable factor.In a recently published article, Chron composed a list of grants that are dedicated to helping African American women start their own business.
Here are a few organizations that were on the list:
Huggies Mom-Inspired Grant Program
Huggies’ grant program offers $15,000 in seed money and business resources, as of 2011, to help women develop original product ideas and start businesses that help improve the lives of parents. Applicants must be at least 21 years old and live in the U.S. Products should focus on prenatal care through early childhood up to six years of age. Applicants will be judged in five areas: adherence to eligibility rules, stage of idea or business development, commercial viability, a product that solves an important parenting issue and originality and creativity.
Business Owners’ Idea Café Small Business Grant
A small business is awarded a grant of $1,000 plus $1,500 in advertising opportunities with this grant program. It is open to anyone who currently owns a business in existence for at least six months. Applications for the grant are received from April 13th through June 12th. The voting stage is from July 1st through October 1st. A total of 150 finalists are chosen from the applications received. Second and third place winners receive $500 worth of advertising.
Click here to learn more about these grant programs and others like them.