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Tuesday, December 1, 2009

Grants For Minority Women Business Owners

By John Holden

In order to start a business, women will usually go get a loan from the bank or perhaps ask friends and family for a loan. Not many realize that they can get free money in the form of grants.

As a minority woman, you can claim benefit to many grants for minority women business owners. You can use these grants to help start your business and pay expenses that come with running a business.For you to apply for minority business grants for women, you must be an African American, Asian, or Hispanic female.

For you to apply for minority business grants for women, you must be an African American, Asian, or Hispanic female. The government offers minority business grants for women. Other organizations such as non-profits or businesses might also offer grants. Before you go out applying for minority business grants for women, you need to have a convincing business plan to show your grantors. Without a plan, they would have no reason to give you money. If you do not know how to write a business plan, there are many sample business plans you can look at online. You may also want to hire a consultant who can help you write up a plan.

Go to the government website to find grants. The website lists many grants so you will need to sift through them and find the ones that pertain to your cause.

Visit the federal government website for a list of all the federal grants available. Look for the grants specific to your cause, which would be the minority business grants for women.

Next, do some networking and make contact with the non-profits and local businesses and find out if they give minority business grants for women. You can at least get some good business advice from the established businesses.

When applying for minority business grants for women, you should apply to as many as you can find. The reason for this is that you may not get all the grants that you apply to, but the more you apply to the better your chances are of getting at least one grant. - 23223

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