How ToApply For Small-Business Grants For Women
Women are generally encouraged to become economically active worldwide. A number of funding and grant options are made available to them on easy terms by the public and private sectors. Also, a number of women volunteer organisations and associations offer financial help to needy women to start their own small business and become economically independent.
In third world particularly women need more financial help than other countries, especially if they are victim of collapsed families, as most likely they had been dependant on men before the tragedy struck to them.
You can still need a funding option if you are starting a business on your own without any particular situation or requirement. It is better to have properly financed your business so it sustains in the longer run. Starting and operating a business with a small capital on your own can be possible but often such businesses end up halfway, and women become under even greater financial hardships. So it is not that you are taking any liability on you by applying for a grant or funding option to start and manage your business, it will help you to operate and manage your business even more effectively. In this way your business can also grow at a faster pace, because it will not suffer a on the financing side.
Instructions
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1
Decide Business You Want to Start
You should first decide and be sure about business you want to start and manage. For example, you might be interested in setting up a small beauty salon in your neighbourhood. It is also better to ask about the business pros and cons from different people who are in the business already, get all required information and then assess your ability to establish and run the business. This will also help you to determine the amount of grant you are looking to apply. -
2
Search about Grants Online
Once you are decided about your business plan, search funding options online. Also, browse through their selection criteria and terms and conditions. It will help you to assess if you qualify for the grant. It can be a bit hectic effort but you will have to find a grant or funding that suits your business the most and you can easily avail it. Some grants have too many conditionalities attached but some are a easy process to meet. -
3
Prepare Application and Documents
After you have selected a grant that suits you most, download application form from the agency's website. If an application form is not available online, get them posted to your address. It should be free and they can easily post you. Once you receive the application form, fill in it, giving all details of your business proposal and other required data. -
4
Attach Business Proposal/Plan and Other Documents
You are most likely to be asked for sending a business proposal or plan along with the application. You may also be required to share some other information with the funding agency. For example, if you are interested in a beauty salon business, they can ask you about whether you have applied and have received a license for it from the relevant department. So you will have to satisfy their requirement for all information. This is to help your application to be accepted. -
5
Submit Your Application
Next step for you is to practically apply for the grant. Just before submitting your application, make a check list of the documents you have enclosed with the application form, especially those which are original ones, and send it with the application form. You can either submit application online, if the option is available or post it to the given address. -
6
Follow UP
It is most likely that you will receive an acknowledgement of your application by the funding agency, but if you somehow do not, write to them, requesting for a confirmation about receiving of your application with all the documents. You can follow up the process just through an email or by post. Also, you may be asked for provision of more information or clarification of certain issues, so be ready to satisfy all these and other such needs. It is not to harass you or deny funding but grant making agencies have to fulfil certain criteria for their record and satisfaction.
