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Wednesday, December 23, 2015

Michigan Women's Foundation and The Power of 100 Women

Michigan Women's Foundation and The Power of 100 Women
They are one in the same organization with the same goal -- to support Michigan women to become economically empowered. Power of 100 Women is the support group utilized by the Michigan Women's Foundation (MWF) to accomplish this. The organization also provides women entrepreneurs with both grants and micro loans.

The organization was founded in 1986 with the goal to increase the amount of charitable donations to women's programs, which at that time was only at 3 percent. It began with just 30 women and has grown to 11,000 individuals, families, businesses and foundations who offer support to the organization. This has enabled them to award grants and other support to more than 500 organizations who offer programs and services for women and girls.

Grants

Non-profit women entrepreneurs and small business owners may apply for grants if their businesses align with MWFs three primary initiatives:

  • Advancing Michigan’s Women’s Agenda
  • Developing the Next Generation of Young Women Leaders
  • Accelerating Women Entrepreneurs

Microloans

Women entrepreneurs and small business owners may apply for micro loans from $2,500 to $40,000 for small business needs, including start up costs, inventory, equipment, working capital and other business-related costs.

For more information on both grants and microloans, visit www.miwf.org/about/grant-making/
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