Your Questions About Business Funding For Women

Charles asks…

Grant/Funding information for women business owners?

A friend of mine is opening up a dance studio/ministry and is looking into grants or funding that may be available for this.

admin answers:

Go to and follow the instructions. You will find that unless you are a nonprofit, in basic research or daycare, there are no grants for a small business.

Nancy asks…

How do I get a federal grant for starting a business (Women owned)?

I am a woman who is starting a candle making business. I know there are federal grants & loans for minorities (women minority). How do I tap into some of these grants and or funds?

admin answers:

It is hard to find grants to start a business. Unlike the myths that some perpetuate, federal government and even private foundations hardly give grant money for starting a for-profit business.

One possible exception is for companies developing or exporting agricultural goods, including food and forest product. Another exception could be the Small Business Innovation Research (SBIR) or Small Business Technology Transfer (STTR) programs , which fund the research and development of technological innovation that meets specific government needs.

Your best bet actually will be from the states if they offer grant programs for women (or any other special interest groups — minorities, women, disabled, veterans, etc). Or check with non profit organizations, particularly women organizations if they offer grants. Examples include

Iowa Women’s Foundation
New Mexico Women’s Foundation

Even SBA does NOT give out grants. From the SBA website

“The U.S. Small Business Administration does not offer grants to start or expand small businesses, although it does offer a wide variety of loan programs. (See for more information) While SBA does offer some grant programs, these are generally designed to expand and enhance organizations that provide small business management, technical, or financial assistance. These grants generally support non-profit organizations, intermediary lending institutions, and state and local governments.”

Nonetheless, you can go to the Catalog of Federal Domestic Assistance (CFDA) and – these are two sites created by the federal government to provide transparency and information on grants. Browse through the listings and see if you can find any grant that would support a for-profit venture.

Here is a listing of federal grants for small businesses. See if there is any available for individuals for starting a business — THERE’S NONE.


Most of the federal grants are given to specific target groups with specific requirements (e.g. Minority business owners involved in transportation related contracts emanating from DOT – Grant#20.905 Disadvantaged Business Enterprises Short Term Lending Program

Grants are also often given to non profit groups or organizations involved in training or other similar activities (grant 59.043 Women’s Business Ownership Assistance that are given to those who will create women’s business center that will train women entrepreneurs

Helen asks…

Would a man be embarrassed to win the best women entrepreneur in business?

I am looking at some funding for women to set up in business from a UK city, The best business award is also open to men [ i am not sure if the funding is] I wondered if a man would feel strange if he won the best Entrepreneur women business title.
BTW I would be glad for him if he did.
The award was open to men.
I am not sure of the funding , I might not be entitled to funding myself as a semi non UK resident.
They might not like my buisnesss either lol
I think in this current economic climate all funding should be pooled and open to both sexes.
I was surprised that a council actually two were targeting women‘s business.I thought they would be accused of being sexist.

admin answers:

I don’t understand the premise.

Why wouldn’t it just be “best entrepreneur in business” if it includes men?

Would you feel comfortable with “Best Man Entrepreneur in Business”?

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