Grants For Women

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Wednesday, July 23, 2014

Women Entrepreneurs Launch Local Towing Service and Win Big With Their Pink Tow Truck

Diva Recovery, Women's Towing Service

Citizens of Wilmington, North Carolina, are seeing pink these days -- and it's not elephants! Try a pink towing truck commanded by two female entrepreneurs.

Tonya Thompson and her friend Renee Register found themselves out of work due to layoffs several years ago with no job prospects forthcoming. So they decided to go into business for themselves. But not just any business. They went into the tow truck business, a male-dominated industry. It was a gutsy move, but as Thompson said, "We worked it out, we got it and it was very empowering.”

Sunday, July 20, 2014

Nina Mason Pulliam Charitable Trust Awards Grants To Non-Profits

Nina Mason Pulliam Charitable Trust
Charitable organizations located in and serving the metropolitan areas of Indianapolis, Indiana and Phoenix, Arizona, may be eligible for grants up to three years from the Nina Mason Pulliam Charitable Trust. The Trust expects to distribute approximately $14.3 million in grants in 2014.

Grants are offered twice a year in the areas of helping people in need, protecting animals and nature, and enriching community life. Grants can range from $2,000 to $500,000. Non-profit organizations who meet the trust's criteria may submit one application per year for a grant.

Thursday, July 17, 2014

Obamacare Taxes Hit Women-Owned Businesses -- Specifically Tanning Salons

The Affordable Care Act, also known as Obamacare, is now in full affect. Consumers as well as businesses are now beginning to feel the pinch from the taxes that were a part of the overall plan. This includes small businesses and women-owned businesses. One tax that has had a particularly devastating affect has been the tanning salon business, mostly owned and operated by women.

Taxing tanning salons

Under the Obamacare program, tanning salons are now subject to a 10 percent tax on all UV tanning services. The result has been devastating. There were 18,000 tanning salons in existence in 2009. Now there are only 10,000. This means that 8,000 salons were put out of business, costing the economy 64,000 jobs.

Friday, July 11, 2014

How To Win A Career Development Grant from the American Association of University Women

American Association of University Women
According to the Bureau of Labor Statistics, the average person changes jobs 10-15 times during their career. Many of these changes also include changing careers. The American Association of University Women recognizes that career changes may require additional education, so they offer Career Development Grants to eligible women.

About the grant

Women who are eligible for the grant must hold a bachelor’s degree and plan to either advance or change careers, or want to re-enter the workforce. Women of color are particularly encouraged to apply as they are given priority for grants if they are working toward their first advanced degree in nontraditional fields.

Tuesday, July 8, 2014

Baltimore County Giving Away $1.5 Million in Funding to Women-Owned Businesses

In 2008, the state of Maryland passed a bill that decided how money from Maryland casinos would be distributed. According to the bill, part of that money is to be tagged to help small, minority and women-owned businesses. Baltimore County recently received $1.5 million of those funds -- good news for women and other small businesses.

About the fund

The fund established in 2008 is called the Maryland Small, Minority and Women-Owned Business Loan Fund. Money deposited into the fund from casino earnings helps support small businesses owned by women and minorities. These businesses play an important role in the growth of the economy in Baltimore County. Maryland law dictates that 1.5 percent of all proceeds from casinos be used specifically for the support of women-owned and other small businesses.

Sunday, July 6, 2014

Walmart Encourages Women Entrepreneurs With New "Women-Owned" Logo

Walmart Women-Owned Logo
Back in 2011, Walmart promised to support U.S. women-owned businesses by adding $20 billion of their goods to Walmart stores by 2016. They are owning up to their promise as more products produced by women-owned companies can be seen in Walmart stores, recognizable by a new "Women-Owned Business" logo.

About the logo

The logo will help consumers recognize products from women-owned businesses. Research initiated by Walmart discovered that 90 percent of female shoppers look for goods marketed by women-owned businesses. So Walmart and two non-profit groups developed the logo as of way of identifying products from companies owned by women.

Wednesday, July 2, 2014

Sam’s Club to Invest $2.5 Million in Women Entrepreneurs

Thanks to a grant from Sam's Club, women-owned businesses across the U.S. will have greater access to affordable business loans and business training. It's all being offered through a program called the WE Lend Initiative.

About the Initiative

A $2.5 million grant from Sam's Club was awarded to three non-profit organizations. The money enabled these leading non-profits to create the WE Lend Initiative. The purpose of the WE Lend Initiative is to offer more support to Women's Business Centers that are recognized by the U.S. Small Business Administration (SBA). With more funding, the centers can offer more services to support women entrepreneurs.

Sunday, June 29, 2014

Indiana Women's Fund Awards Over $50,000 in Grants

Women's Fund organizations around the nation are all about women helping women. They often do remarkable things to help their communities. One example is the Impact Porter County, the women’s giving circle associated with the Porter County Community Foundation in Indiana, who recently awarded grants totaling $50,000.

Grants ranged from $2,500 to $25,000 and were awarded to worthy organizations who provide services that improve the lives of local residents. Recent grant recipients focused on providing housing for low-income women; and support, training and other services for parents of special needs children.

Thursday, June 26, 2014

Cities With the Highest and Lowest Number of Firms Owned By Women of Color

Every year for the past four years, American Express OPEN publishes a report about women entrepreneurs in the U.S. It's called the Annual State of Women-Owned Businesses Report which compares how women-owned businesses are faring in different states and metropolitan areas. The good news is that the numbers keep going in the right direction -- UP!

What the 2014 Report shows

As of 2014, the number of women-owned businesses have increased at a rate that is 1.5 times the national average growth rate for businesses over the past 17 years. The number of women-owned businesses in the U.S. increased from 8.6 million in 2013 to 9.1 million in 2014. Since 1997, their businesses have increased by 68 percent, their revenues have grown 72 percent, and they have increased jobs by 11 percent.

Sunday, June 22, 2014

Soroptimist Rewards Women Who Change Communities

The name Soroptimist, means "best for women," and that's the mission of the Soroptimist organization of women. Soroptimists are women at their best, working to help other women to be their best. Through more than 1,300 clubs in 10 countries, Soroptimist offers grants to improve the lives of women and girls around the world.

Non-profit organizations may contact their local Soroptimist club for information on the types of programs that are eligible for grants. Clubs vary around the country. Recently, for example, the Soroptimist club located in the Treasure Island and Palm Beach, Florida area awarded grants to three young women for their volunteer service to the community. Each received a $1,000 grant.