Women entrepreneurs can get grants for their business.
Amber Grants give financial aid to women who want to start a small business. These grants have helped dozens of women become successful in business. It is always hard to get the necessary funds to start a business since banks or financial institutions often require many conditions. Amber Grants try to fill that void, so more women can have the opportunity to develop themselves as business women.
Amber Grant Foundation
The Amber Grant Foundation started in 1998. This foundation was created with clear goals: helping women with a non-repayable loan, so they could start their own businesses and develop their potential completely. The foundation honors the name of a girl who died at the age of 19.
Types of Eligible Businesses
The Amber Grant Foundation gives an amount of money to women who specifically want to develop a home-based or internet business. This preference is explained by the fact that the amounts of money granted are usually under $1000. Home-based businesses tend to have fewer expenses. The money given to women is not repayable in any form.
Requirements
The only requirement given by the foundation is that the applicant must be 18 years old. You can make a petition for the non-repayable loan online through the website womensnet.net. You will be asked to provide your basic data, such as name, phone, address, and the name of your company. Afterwards, you will have to submit an application in which you will be asked about everything related to your company, such as your business field, expenses, level of production and an explanation of what you intend to improve in your business with the grant.
Tips
If you are planning on submitting an application for the Amber Grant, it is important that you follow certain guidelines. The most important thing when submitting the application is to be 100% honest in everything related to your business condition and goals. If you state false data, the foundation may find out and you could lose any possibility of getting the money. Think very carefully about what you put on the application. It is a good idea to first make a draft and revise it a couple of times.
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