To qualify for small business growth grants from NASE as a Single Mom;<\/p>
- You need to submit a resume and business plan, demonstrating how the grant money would aid your business.<\/li><\/ul>
Benefits<\/strong><\/p>
Access to multiple grants worth $4,000 each.<\/p>
How to Apply<\/strong><\/p>
Applications are received online on NASE Website<\/a><\/p>
Read Also: List of high paying home businesses women can start with low capital<\/a><\/strong><\/span><\/h4>
#2. Eileen Fisher Women-Owned Business Grant Program<\/h3>
Since the inception of this program in 2006 by Eileen Fisher, a good number of single moms have benefitted from the grant.<\/p>
Eileen Fisher Women-Owned Business Grant Program annually generates total revenue of $100,000 to 10 small businesses owned by women. So a total of 10 women get $10,000 each to fund their businesses every year.<\/p>
However, the program narrows its search to businesses with positive environmental and social impacts.<\/p>
Requirements<\/strong><\/p>
- You must own at least 51% of the business.<\/li>\n\n
- Your annual revenue must not exceed $1million.<\/li>\n\n
- Your business must have been in existence for at least three years.<\/li><\/ul>
How to Apply<\/strong><\/p>
Visit the Official Website<\/a> to apply online.<\/p>
<\/strong>Read Also: 5 Rising Women In Business To Watch Out For In 2020 [With Business Details]<\/a><\/p>
![\"Single](\"https:\/\/businessyield.com\/wp-content\/uploads\/2020\/03\/20200425_150652_0000.png\")
Source: BusinessYield (Single Mom Small Business Grants)<\/em><\/figcaption><\/figure><\/div> #3. Amber Grant<\/h3>
Amber Grant was initiated in 1998 by womensnet.com in memory of a young Entrepreneur \u2013 Amber Wigdahl- who died at the age of 19. This grant aims at inspiring women and single moms alike.<\/p>
Furthermore, the organization awards a $2,000 Amber Grant to qualified Beneficiaries monthly. Also, an additional $25,000 is assigned to one of the monthly recipients at the end of the year.<\/p>
Similarly, all grant recipients are featured on www.womensnet.com<\/a>, their Facebook page, and the email list.<\/p>
Eligibility<\/strong><\/p>
- You must pay an application fee of $15<\/li><\/ul>
How to Apply<\/strong><\/p>
- Tell your story in written format and submit to womensnet.com<\/a>. However, applications close every last day of the month.<\/li><\/ul>
#4. Cartier Women\u2019s Initiative Award<\/h3>
Cartier Women\u2019s Initiative Award is another single mom small business grant that awards 21 female Entrepreneurs once a year. They beam their searchlight on businesses with a distinct level of potential to grow.<\/p>
However, to be taken into consideration, businesses must be at their early stages (between 1-3 years old).<\/p>
More Also, the top 7 finalists win $100,000 each, plus one-on-one mentoring from a business expert. The other 14 applicants left, winning $30,000 grant money.<\/p>
Also, these grant awardees all receive free access to networking opportunities, business coaching, and entrepreneurship seminars.<\/p>
Eligibility <\/strong><\/p>
- Businesses should be at an early stage, specifically between 1-3 years old.<\/li>\n\n
- Businesses should be generating reasonable revenue though not profitable.<\/li><\/ul>
How to Apply<\/strong><\/p>
Follow the application instructions on Cartier Women\u2019s Initiative Website<\/a>.<\/p>
#5. The Halstead Grant<\/h3>
This single mom small business grant was initiated in 2006 to assist female Entrepreneurs in the jewel industry.<\/p>
The Halstead Grant awards funding to female jewelry businesses in their early stages.<\/p>
Also, the judges subject applicants to a series of questions concerning their business strategies, plans, and goals.<\/p>
Winners receive $7,500 grant money, free publicity, and $1,000 for Halstead supplies only.<\/p>
However, the good news is, non-winning applicants, get professional feedback and advice from the judges concerning their business plans.<\/p>
Eligibility<\/strong><\/p>
- Businesses should be at its early stage, specifically below three years old.<\/li><\/ul>
How to Apply<\/strong><\/p>
- Submit a portfolio containing your business goals, plans, and strategies to Halstead Grant.<\/a><\/li><\/ul>
<\/p>
#6. IdeaCafe Grant<\/h3>
Every year, the IdeaCafe Grant gives a $1,000 micro-grant to small business owners including single moms. However despite the fact that the money isn’t specifically for women, the vast majority of the winners have been female entrepreneurs.<\/p>
Meanwhile, this grant is also accessible to persons who have a company idea but have not yet started working on it.<\/p>
To apply, simply fill out the online application<\/a>.<\/p>
#7. GrantsforWomen.org<\/h3>
GrantsforWomen.org is an excellent website if you’re looking for a complete resource for business grants for women and single moms and other financial options. It’s a database of career prospects for women in a variety of fields. On this site, you can look for scholarships and grants for women, but be aware that the majority of them are not for commercial purposes.<\/p>
Meanwhile, each opportunity has its own set of advantages.<\/p>
How to Apply: <\/strong><\/p>
Use the database <\/a>to find opportunities that interest you and then follow the application process.<\/p>
#8. FedEx Small Business Grant<\/h3>
The FedEx Small business Grant isn’t specifically for women entrepreneurs. However female small business owners are urged to apply. Nicole Snow, the founder and CEO of Darn Good Yarn, was the first prize recipient of the FedEx Small Business Grant. FedEx has been providing $250,000 to entrepreneurs in the US since 2013.<\/p>
FedEx awards funding to 12 winners each year. One grand prize winner will receive $50,000 plus $7,500 in FedEx services, one silver prize winner will receive $30,000 plus $5,000 in FedEx services, and ten bronze prize winners will receive $15,000 plus $1,000 in printing services.<\/p>
How to Apply: <\/strong><\/p>
Here are the guidelines for<\/a> submitting an application.<\/p>
#9. Open Meadows Foundation<\/h3>
The Open Meadows Foundation is a grant-making organization that supports women-led programs that promote gender, racial, and economic equality. In other words, the enterprises must help women and girls, and the applicants must be women.<\/p>
The grant awards $2,000 to eligible projects who have limited financial resources to help them flourish. Open Meadows exclusively accepts organizations with a budget of $75,000 or less in resources. This award is ideal for those who have recently established or are in the process of beginning a business.<\/p>
However, Open Meadows is not currently accepting new applications, but keep an eye on their website for updates<\/a> on when this grant will be available again.<\/p>
#10. 37 Angels<\/h3>
While 37 Angels is not a standard grant program, it can be a great way for small businesses to get capital. For the most part, 37 Angels does not only invest in women-owned firms, but they basically work to reduce the gender gap in startup investing. According to their website<\/a>, women founders make up around a third of their portfolio.<\/p>
Furthermore, you can have the luxury of pitching to their network of investors after completing an application through their website (an event that happens every two months). You’ll get a funding decision in four weeks and could get up to $200,000 in funding. 37 Angels provides education and continuing assistance in addition to funds.<\/p>
How to Apply: <\/strong><\/p>
Fill up an application on Gust<\/a>, and eight entrepreneurs will be picked every two months to pitch their investors.<\/p>
#11. Visa Everywhere Initiative<\/h3>
This small business grant is open to both male and female-led firms, including single moms. But beyond that, Visa also has a Women’s Global Edition of this competition, which awards two $100,000 prizes to two women who address a fintech and social impact challenge. Although this grant necessitates a lot of preparation, it is definitely a fantastic opportunity for women-owned fintech enterprises.<\/p>
How to Apply: <\/strong><\/p>
Fill out an application on their website by answering a challenge question.<\/p>
The prize money ranges from $10,000 to $50,000 in value.<\/p>
#12. Small Business Innovation Research Program (SBIR) <\/h3>
SBIR is a small business research and development grant program funded by the Small Business Administration. And because these awards are offered by numerous federal entities, there are stringent eligibility restrictions. To begin, your company must be for-profit, have more than 50% ownership by a U.S. citizen, and employ less than 500 people. In other words, this grant does not necessarily target just male-owned businesses. <\/p>
But more importantly, the Small Business Innovation Research (SBIR) program encourages scientific and technical innovation by allocating federal research money to small enterprises engaged in research and development with commercial potential.<\/p>
How to Apply: <\/strong><\/p>
You can look for SBIR grant opportunities on their website<\/a> and apply for them.<\/p>
Benefits: <\/h3>
Grants start at $150,000 and can go up to a million dollars.<\/p>
#13. The Girlboss Foundation Grant<\/h3>
The Girlboss Foundation, founded in 2014 by entrepreneur Sophia Amoruso, awards grants twice a year to female and female-identifying entrepreneurs.<\/p>
Each grant recipient receives a total of $15,000 in funding. But then, grants are only available to female entrepreneurs in the fields of design, fashion, music, and the arts. <\/p>
Meanwhile, creativity and ingenuity, commercial acumen and planning, and demonstration of a financial necessity are all factors that will be considered when making a decision.<\/p>
Other Go-To Places for Single Moms’ Small Business Grants <\/h2>
The following are some popular web locations you could also find small business grant options for single moms. This includes grants from the local and state governments. <\/p>
You might have more luck applying for grants at the state and local levels because federal small-business incentives are limited in quantity and typically quite competitive. While you’ll have to do some digging to find specific grant programs in your area, but here are a few places to start:<\/p>
#14. Women\u2019s Business Centers<\/h3>
The Small Business Administration (SBA) funds around 100 Women’s Business Centers across the US to assist women entrepreneurs with business development and financing access. Some, like the California Capital Financial Development Corp., provide money directly, while others assist you in locating small-business incentives and loans.<\/p>
#15. Economic Development Administration<\/a><\/h3>
Every state, as well as a number of localities, has economic development resources aimed at boosting local economies. California, for example, has a number of economic development districts, such as the Superior California Economic Development District, which distributes funding to local businesses.<\/p>
#16. Small Business Development Centers (SBDCs) <\/h3>
Hundreds of SBA-sponsored Small Business Development Centers can be found throughout the country, most of which are located at schools and universities. SBDCs provide free one-on-one business counseling, including assistance with building a business plan, market research, and funding.<\/p>
Tips to Find Single Moms Small Business Grants<\/h2>
Although each small business grant is different and has its own set of conditions, there are a few broad steps you can take to find and apply for the grants that are most relevant to your business:<\/p>
- Submit a portfolio containing your business goals, plans, and strategies to Halstead Grant.<\/a><\/li><\/ul>
- Businesses should be at its early stage, specifically below three years old.<\/li><\/ul>
- Tell your story in written format and submit to womensnet.com<\/a>. However, applications close every last day of the month.<\/li><\/ul>
- You must pay an application fee of $15<\/li><\/ul>