Women entrepreneurs must scale through several hurdles and overcome some obstacles that male entrepreneurs may not go through. This makes it harder for them to obtain business success. Women find it harder to obtain business funding. They run homes, face childbirths, maternity leaves, and other issues while running a business. Women-owned businesses are fewer than men-owned businesses, even in a developed country like the United States.
For women entrepreneurs to be successful, they must make use of some women initiatives, strategies, and tactics that are designed to help them succeed. We’ll discuss all these in this article along with business financing through small business grants for women.
Camino financial’s guide to small business grants for women can help you know more about the various kinds of female business grants available.
Small business grants for women
There are several variations of government grants that are helping women to break barriers and overcome gender inequalities holding them back from running successful businesses like male entrepreneurs. These grants provide funding for women to start new businesses or run established businesses better. They include the Girlboss Foundation Grant, the Eileen Fisher Women-Owned Business Grant, the Cartier Women’s Initiative Award, The Amber Grant, and others.
Each of these grants has its requirements and the specific amount that they award to successful applicants. Do well to go through their requirements before applying for any of them.
Women think tanks
There are several international think tanks and bodies that are working for the advancement of women entrepreneurs worldwide. These bodies organize various programs, small business grants for women, and numerous resources for female entrepreneurs. These bodies include the United Nations Women Entity for Gender Equality and the Empowerment of Women, the Institute for Women’s Policy Research, the International Women’s Think Tank, the International Center for Research on Women, the Guttmacher Institute, and more.
We now have business organizations and foundations that provide mentorship for female entrepreneurs. These include The Cherie Blair Foundation for Women’s Mentoring Women in Business Program, the Women Initiative Foundation mentorship program, and more. These programs mentor female entrepreneurs to be the best that they can be.
Biographies and books authored by legendary female entrepreneurs and business leaders
One of the best ways for female entrepreneurs to get guidance is to read the works of successful female entrepreneurs, CEOs, and leaders. Women like Sheryl Sandberg, Marissa Meyer, Lisa Su, Hillary Clinton, Mitchell Obama, Susan Wojcicki, and more are examples of such exemplary leaders that female entrepreneurs can look up to. Reading their books will give you insights into their approach to life, how they juggle things together, how they stand defiant amidst workplace sexism, and other topics. You will learn a lot and your mind will be blown.
Training programs and courses for female entrepreneurs
There are several training programs and courses for female entrepreneurs that can help to bridge the gap between female-owned businesses and male-owned businesses. These programs are run by top academicians, coaches, entrepreneurs, and other people that know a lot about what it takes to run a successful female-owned business. Some of these programs are run by The World Bank and other top institutes, some are run by educational institutes like Harvard University, while others are run by independent top coaches.
All the items listed above will give women the push they need to become successful entrepreneurs and businesspeople. If you are a woman, do some additional research and find out how you can gain from small business grants for women and other benefits in your specific city or location. Thankfully, the internet is bridging people together regardless of location, so you can benefit from most of these regardless of your location.