Check out some of our favorite small business loans for female-owned businesses!
Eileen Fisher Grant Program
Eileen Fisher is a clothing shop for women who’s founder has a personal passion for helping women-owned businesses. All grants exceed $10,000 and are awarded to up to 10 applicants each year. Businesses must be in operation for a minimum of three years and meet other various requirements. (Note: the next grant application will become available in mid-2020 and will support women working in environmental justice.)
The Amber Grant Program
The Amber Grant is a $500 grant awarded to qualifying female entrepreneurs each month. At the end of the year, monthly grant recipients will have the opportunity to win an additional $2,500 grant. Applications close the last day of each month.
InnovateHER Women Business Challenge
The Small Business Administration hosts this grant contest to empower women with a business plan for an innovative product or service. It’s an involved process to apply—applications must find a local Challenge to compete in hosted by a local organization. From the local challenges, one winner is selected to advance to the semi-final round. Finalists will then be invited to the SBA’s national InnovateHER business challenge where they will pitch their ideas to expert judges. The top three businesses receive awards ranging from $10,000 – $40,000.
Open Meadows Foundation Grants
The Open Meadows Foundation offers grants under $2,000 to projects designed and implemented by women for the community. Startups and small businesses are given priority. Grants are accepted during the winter and summer each year.