Wednesday, February 27, 2019

small business grants

small business grants


FedEX launching small business grant contest - Bungalower

Posted: 25 Feb 2019 07:00 PM PST

FedEX has launched its seventh annual Small Business Grant Contest.

This year's contest offers grants and services to a total of ten U.S. based small businesses, with a collective prize pool of $220,500.

In addition to the grants, winners will also receive an additional dollar amount in credit to use towards FedEx Office print and business services to help run their businesses, as well as packages designed to help them with website optimization, design thinking, social media, and print expertise.

The 2019 FedEx Small Business Grant Contest prize packages include:

  • Grand prize: One winner of $50,000, plus $7,500 in FedEx print and business services.
  • Silver prize: One winner of $30,000, plus $5,000 in FedEx Office print and business services.
  • Bronze prize: Eight winners of $15,000, plus $1,000 in FedEx Office print and business services.

The contest is open to America-based for-profit small businesses that have less than 99 employees and have been operating for six months or more. To enter, participants must visit www.fedex.com/grantcontest and enter their contact information, write a short profile about their business and upload four photos of their business or product, including their logo.

The contest entry period is open from February 19 to March 25, 2019, with voting to take place from February 27 to April 1, 2019. 

Following a judging period, winners will be announced on April 29, 2019 at www.fedex.com/grantcontest.

5 Small Business Grants for Black Women Entrepreneurs in 2019 - Black Enterprise

Posted: 31 Jan 2019 12:00 AM PST

As women-owned businesses continue to grow, one of the significant obstacles they face is unequal access to funding and venture capital. While most people seek business loans, small business grants provide the capital needed to start or grow a business. Also, grants do not need to be paid back as long as the requirements and obligations are met. The following small business grants for black women entrepreneurs provides them with the capital to take their startup or established business to the next level.

5 Small Business Grants for Black Entrepreneur Women in 2019

Cartier Women's Initiative Award

Industry: Any

Grant Amount: $100,000 and $30,000

Cartier Women's Initiative Award is an annual business grant for early phase (1 to 3 years) for-profit, women-led businesses. Women must have a significant stake in the business in the role of director, general manager, or CEO.

The first place winning package awards seven women entrepreneurs with $100,000 in prize money and one-on-one personalized business mentoring.

The second place winning package, awarded to 14 finalists, includes $30,000 in prize money. The women-owned or women-led business must be designed to generate revenue.

Eligible applicants must be women entrepreneurs 18 years of age or the legal majority age in the country of citizenship at the close date of the application submission.

Application submission opens June 2019 for 2020 award.

The Halstead Grant

Industry: Jewelry Design

Grant Amount: $7,500 cash award and $1,000 in merchandise

The Halstead Grant is for women entrepreneurs in the early phase (less than 3 years) of business in the jewelry industry. This annually awarded grant includes $7,500 for startup capital, $1,000 of Halstead jewelry supplies, and recognition in the jewelry industry.

The grant application process requires applicants to answer a series of questions regarding their business goals and strategies. All applicants receive feedback from the judges about their business plan

Application deadline is Aug. 1st.

#GIRLBOSS Foundation Grant

Industry: Design, Fashion, Music, the Arts, etc.

Grant Award: $15,000

The #GIRLBOSS Foundation Grant is for individual for-profit women business owners in industries of design, fashion, music, and the arts. The grant of $15,000 is awarded twice a year.

Eligible applicants must be United States citizens and at least 18 years of age or older at the time of the closing date of application submission.

Business entities, organizations, or companies are not eligible.

Application submission is currently open.

Amber Grant

Industry: Any

Grant Amount: $10,000

The Amber Grant was established in honor of a young lady named Amber. Amber passed away before she had an opportunity to fulfill her dream of being an entrepreneur at the age of 19. This grant of $1,000 is awarded to women entrepreneurs in any industry monthly. The 12 grant winners get a chance to win a $10,000 grant funds for their business.

Eligible applicants must be U.S. or Canadian citizens and 18 years of age at the close date of application submission. An application fee of $15 is required.

Application submission is currently open.

Open Meadows Foundation

Industry: Non-Profit programs benefiting Women and Girls

Grant Award: $75,000

The Open Meadows Foundation wants to change the world! The $2,000 grant is awarded twice a year to women-backed organizations with projects focused on "activism, political change, and empowerment directed by and benefiting women and girls." The organization must have limited access to funding and an operational budget of less than $75,000.

Eligible applicants must have tax-exempt status under 501C3 of the Internal Revenue Code (IRC) or a fiscal sponsor with this IRC designation. Small and startup organizations are given priority in the application review process.

Deadlines for grant proposals via email are 12:00 midnight EST on Feb. 15 and Aug. 15.


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Tarra Jackson

Tarra Jackson is the author of "Financial Fornication" and a freelance writer and media personality, contributing on a range of business and financial topics. She is also a guest financial contributor for the Rickey Smiley Morning Show and Al Jazeera News.

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