What type of grants can women minority entrepreneurs get?

Posted by admin on January 29th, 2010 and filed under women entrepreneurs | 3 Comments »

I am a 25 year old minority woman trying to open my own business. Are there any grants or government funding,other than loans, to help start up?

Contrary to what you see on late-night television, there are no grants for individuals.

The Grants that are available are, for Rural Community Development, not for personal use.

If you want to open your own business, you’re on your own.

3 Responses

  1. Cleopatra Says:

    There are no grants for a for profit business unless you are opening a daycare. If you need money, you will need to apply for a loan. No lender will talk to you unless you provide them with a valid business plan. Go to http://www.sba.gov , http://www.score.org or http://www.bplan.com for sample business plans and instructions on how to write a business plan.

    Then, go to http://www.score.org/ and in the upper left hand corner, enter your zip code. On the next screen, you will get information on the nearest SCORE chapter. Call them and arrange for a free meeting with a SCORE counselor to review your business plan and discuss various loan options available to you.

    SCORE is a nonprofit association dedicated to entrepreneur education and the formation, growth and success of small business nationwide. SCORE is a resource partner with the U.S. Small Business Administration (SBA).

    SCORE has 389 chapters in locations throughout the United States and its territories, with 10,500 volunteers nationwide. Both working and retired executives and business owners donate time and expertise as business counselors.
    References :

  2. newyorkgal71 Says:

    Contrary to what you see on late-night television, there are no grants for individuals.

    The Grants that are available are, for Rural Community Development, not for personal use.

    If you want to open your own business, you’re on your own.
    References :

  3. Lilian S Says:

    try
    http://www.orbitbusinessloans.com/
    http://www.orbitmerchantsolutions.com/
    References :

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