The Entrepreneur

African-Amerrican women are a growing segment of small business owners Jupiterimages/Creatas/Getty Images Related Articles Grants for Minority Women Wanting to Start a Small Business What Are the Top 10 Businesses to Start? Funding for African-Americans Starting Their Own Small Business Business Grants for African-American Women Grants & Loans for Minority Women How to Start a Business Using Grants Finding grants specifically targeted to African-American women can be challenging. A better way to begin searching for start-up funds is to look for funds targeted to minorities and women. When searching for funds, read through the grant eligibility section to ensure the business meets grant requirements. African-American women can also look at industry-specific grants. Ads by Google Small Business Loans Fund your business today $5k to $15k. Apply now! www.cancapital.com Huggies Mom-inspired Grant Program Huggies' grant pr...

Business Types SBA’s 8(a) Business Development program can help qualifying minority-owned firms develop and grow their businesses through one-to-one counseling, training workshops, and management and technical guidance. The program also provides access to government contracting opportunities, allowing these businesses to become solid competitors in the federal marketplace. How do I know if I qualify for the 8(a) program? Some minority groups are presumed to be socially and economically disadvantaged and can qualify for the 8(a) program. These groups include: African Americans, Hispanic Americans, Native Americans, Asian Pacific Americans and Subcontinent Asian Americans. Individuals who are not members of one or more of these groups can be considered for the 8(a) program, but they must provide substantial evidence and documentation that demonstrates that they have been subjected to bias or discrimination and are economically di...

At Biz2Credit, borrowers complete one application to get matched with multiple custom loan products ranging from $500 to $15 million. Women business owners continue to face unique challenges when seeking financing. Small business loan approval rates are 15-20% lower for women-owned companies than they are for businesses owned by men ( Biz2Credit Analysis of Women-Owned Businesses ). Additionally, revenue and credit scores are lower and operating costs are higher for women. Despite these challenges, the number of businesses owned by women continues to grow. More than 8.3 million businesses - or 29% of all enterprises - are owned by women (Source: American Express Report on Women-Owned Businesses ). Women employ 5.5 million employees and are one of the fastest growing segments of the small business community. With the many Biz2Credit custom financing options, we are dedicated to helping women grow their businesses. Our platform is connected to a network of over 1,200 lenders an...