Small Business Grants for Women: 12 Incredible Opportunities

Updated on January 23, 2023
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small business grants for women

If you’re an entrepreneur, raising capital is undoubtedly a big part of your job. To help female entrepreneurs succeed, some government agencies, nonprofits, and private organizations provide small business grants for women.

Grants are essentially free money that you don’t have to pay back, unlike small business loans and credit cards. That makes competition for them very high. But if you know where to look and understand the benefits available, you can put your best foot forward. Here’s a comprehensive guide on the best small business grants for women (many of which are also open to men), plus information on how to apply.

Small Business Grants for Women

1. business loan - small business grants for women

  • What it is: A database of federally sponsored grants, including grants for small businesses.
  • How to apply: Visit the official government grants website,, and check out their section on grant applicants to see if you are eligible.
  • Potential benefits: Benefits vary across the different types of grants and different government agencies that participate.

If you’re looking for federally sponsored grants for women, the best place to start is All government grants are open to male and female business owners, and this site serves as a database of all federal grants—including those specifically available for small business owners. To search for this type of grant, visit the official government grants website and check out their section for grant applicants to see if you’re eligible.

It’s important to note that this database includes a variety of grants, so you may need to sort through different options to find those that are the most relevant to small business owners.

Although there are no specific small business grants for women on this site, can still serve as a great starting point for women looking for federal grant resources. Over a dozen federal government agencies participate in the database.

2. National Association for the Self-Employed (NASE) Growth Grants

  • What it is: These grants are awarded to any small business owner who is a NASE member and can demonstrate a specific need for the money.
  • How to apply: Apply online at NASE website.
  • Potential benefits: Multiple grant prizes of $4,000 each

The National Association for the Self-Employed (NASE) runs a grant program that is available only to their roughly 50,000 members. To become a NASE member, you’ll have to pay $120 per year for a basic membership. NASE offers members networking and mentorship resources, discounts on business products, and legislative advocacy.

In exchange for membership, members are also offered exclusive access to grants and scholarships. Since 2006, NASE has offered nearly $1 million in grant money to members.

To qualify for their Growth Grants program—in addition to being a NASE member—you must demonstrate a specific business need that could be aided by the grant.

You must also show how the grant will improve your business’s overall growth and success and include a resume and business plan.

3. Amber Grant

Amber Grant - small business grants for women

  • What it is: A small business grant for women business owners created in honor of a young woman who died before she could fulfill her entrepreneurial dreams.
  • How to apply: Tell your story and pay a $15 application fee.
  • Potential benefits: The program awards one $10,000 grant to a woman business owner each month. One winner will also be awarded an additional $25,000 at the end of the year.

The Amber Grant was launched by in 1998 to honor the memory of a young woman, Amber, who died before she could fulfill her entrepreneurial dreams. The grant was formed to help women entrepreneurs reach their goals when Amber could not.

This program awards a $10,000 grant to one qualifying woman business owner each month of the year. One of the monthly qualification grant winners will be awarded an additional $25,000 by the end of the year. These grant awards are small but can be very helpful for those working to get their business off the ground. Remember, there’s no expectation that this funding will be paid back.

The application cut off for each monthly grant is the last of every month, so if you want a shot at winning the Amber Grant you have the opportunity to apply at any time of the year. All you have to do to apply is tell your story and pay a small application fee ($15). You can learn more about the application here.

4. IdeaCafe Grant

IdeaCafe Grant - small business grants for women

  • What it is: Small business grant available for anyone who owns their own business or plans to start one.
  • How to apply: Just fill out the free application.
  • Potential benefits: $1,000 grant for small business owners.

The IdeaCafe Grant awards a $1,000 micro-grant to one small business owner each year. The application deadline is in January, so apply early. Although the funding isn’t technically a small business grant for women only, the vast majority of the winners have been female entrepreneurs.

This is a great grant to apply to if you’re a relatively new startup looking for funding. This grant is also available for those that have an idea for a business but haven’t actively started building it yet.

5. Cartier Women’s Initiative Award

  • What it is: A grant awarded to 21 female entrepreneurs around the globe each year.
  • How to apply: Follow the application instructions here.
  • Potential benefits: All 21 finalists will receive either a first prize of $100,000 and one-on-one mentoring or a second prize of $30,000 in prize money.

The Cartier Women’s Initiative Award is awarded once a year to 21 female entrepreneurs around the world. The Cartier award grant is intended for women business owners in the early stages of development of their business (between one to three years old). The business should be generating revenue, but need not be profitable. The top seven finalists will win $100,000 and one-to-one business mentoring from an expert that Cartier finds for you. The remaining 14 applicants will win a $30,000 prize.

Each of the 21 small business grant award finalists will receive a spot in the INSEAD Social Entrepreneurship Six-Day Executive Program (ISEP), as well as the opportunity to participate in entrepreneurship workshops, business coaching seminars, and networking opportunities.

6. - small business grants for women

  • What it is: Database of opportunities for women across industries.
  • How to apply: Use the database to identify relevant opportunities and follow their application instructions.
  • Potential benefits: Benefits vary with each opportunity.

If you’re looking for a comprehensive resource for business grants for women and other funding opportunities, is a great resource. You can search for scholarship opportunities and grants for women on this site, but be forewarned—most are for non-business purposes.

7. FedEx Small Business Grant

  • What it is: Business grants for small businesses.
  • How to apply: Follow the application rules here.
  • Potential benefits: Twelve winners will receive grants for their businesses and free FedEx printing and business services.

Although the FedEx Small Business Grant isn’t technically a small business grant for women entrepreneurs only, women small business owners are encouraged to apply. In fact, the very first prize winner of the FedEx Small Business Grant was a woman: Nicole Snow, Founder and CEO of Darn Good Yarn. Since 2013, FedEx’s grant has awarded $250,000 in small business grants to entrepreneurs all over the country.

Each year, 12 winners receive funding from FedEx. One winner receives a grand prize of $50,000 plus $7,500 in FedEx services, one winner receives a silver prize of $30,000 plus $5,000 in FedEx services, and 10 winners earn a bronze prize of $15,000 plus $1,000 in printing services.

8. The Halstead Grant

  • What it is: Small business grant for women entrepreneurs in the jewelry industry.
  • How to apply: Submit a portfolio and answer a series of questions outlining a business plan.
  • Potential benefits: A cash grant of $7,500 plus $1,000 toward Halstead jewelry supplies.

The Halstead Grant started in 2006 as a small business grant for women entrepreneurs specifically in the jewelry industry. The grant is awarded to emerging jewelry designers in the United States—specifically geared toward businesses under five years old.

Those that apply should be prepared to answer a series of questions about their business goals and strategies. Winners are awarded a $7,500 cash grant, $1,000 toward Halstead jewelry supplies, and publicity within the jewelry industry. The good news is that even those applicants who don’t win will receive general feedback on their business plan from the judges.

9. Open Meadows Foundation

small business grants for women

Open Meadows is not currently accepting new applications, but check their website for when this grant reopens. 

  • What it is: An organization that provides grants toward women-backed projects that promote gender, racial, and economic justice.
  • How to apply: Follow the instructions found here.
  • Potential benefits: The organization provides $2,000 to eligible projects that have limited access to financial resources.

The Open Meadows Foundation is an organization that provides grants for women-backed projects that promote gender, racial, and economic justice. Applicants must be women and the businesses must benefit women and girls.

The grant provides $2,000 to eligible projects that have limited access to financial resources to grow. Specifically, Open Meadows only considers organizations that have $75,000 or less in budget resources. This grant is a great opportunity for those who have just started a business or are in midst of starting a business.

10. 37 Angels

  • What it is: An angel investment group with a mission to close the gender gap in startup investing.
  • How to apply: Submit an application through Gust and every two months, eight applicants are chosen to pitch their investors.
  • Potential benefits: The organization invests $50,000 to $200,000 as a network into each company (most angels invest $25,000 each).

While not a traditional grant program, 37 Angels can be a great funding solution for startups looking for investment. While they don’t only invest in women-owned businesses, 37 Angels is actively trying to close the gender gap in startup investing. According to their website, about one-third of their portfolio is women founders.

After submitting an application through their website, you may have the opportunity to pitch their network of investors (an event that happens every two months). You’ll receive a funding decision in four weeks and can receive an investment of up to $200,000. In addition to funds, 37 Angels also provides education and ongoing support.

11. Visa Everywhere Initiative

  • What it is: A competition geared toward startups and fintech companies to solve payment and commerce challenges of the future.
  • How to apply: Apply through their website by answering a specific challenge question.
  • Potential benefits: Prize money ranges from $10,000 to $50,000.

While this grant is for both male and female-led businesses, Visa also offers a Women’s Global Edition of this competition, which grants two winners with $100,000 each—for answering a fintech challenge and a social impact challenge. While this grant requires a lot of legwork, it can be a great opportunity, especially for women-owned businesses in the fintech industry.

12. Small Business Innovation Research Program

  • What it is: The Small Business Innovation Research (SBIR) supports scientific excellence and technological innovation through the investment of federal research funds to small businesses that are engaged in research and development and have commercial potential.
  • How to apply: You can search and apply to SBIR grant opportunities through their website.
  • Potential benefits: Grants start at $150,000, but can reach over $1 million.

Powered by the SBA, the SBIR funds small businesses in the research and development arena. There are extensive eligibility requirements since several federal agencies offer these grants. However, to start, your business needs to be for-profit, more than 50% owned by a U.S. citizen, and have fewer than 500 employees.

State and Local Small Business Grants for Women

When you’re searching for the best small business grants for women, be sure to check out the above options. They’ve all been around for some time now, and have helped female entrepreneurs reach their business funding goals time after time.

The grants we’ve mentioned above are open to businesses nationwide, but there might also be state and local options. For example, the Women’s Business Development Council in Connecticut offers equity-match grants of up to $10,000 to women-owned businesses in that state.

When starting or expanding your business, make an appointment with your local Small Business Development Center (SBDC) or SCORE office. These organizations are plugged into the local financing community and will be able to guide you if there are any small business grants for women in your area from local corporations, philanthropic, or economic development organizations.

You might also want to look into SBA loans, which are affordable business loans for small business owners. The SBA has always been a champion of women-owned small businesses, and they have extensive resources available for female entrepreneurs (SCORE is actually a partner of the SBA). Still unsure if a grant is the right choice? We’ve included a helpful flowchart below to see if you’re ready to take the next step to entrepreneurship!

How to Find Small Business Grants for Women

Although every small business grant is unique and has its own set of requirements, there are a few general steps you can follow to identify and apply for the grants that are most applicable to your business:

  • Do your research. Check out online portals like to identify grants that could be a good fit for your business. Attending small business conferences and chatting with peers in the industry can also be a great way to learn about small business grant opportunities that aren’t widely advertised.
  • Check your eligibility. Most grants have specific eligibility requirements. These rules can relate to demographic, education level, the age of your business, and other factors. Paying attention to these requirements could save you from spending time applying for a grant that might not be the right fit.
  • Apply on time. Block off time in your weekly or monthly schedule to apply for grants for your business. Although it can feel tough to find time to squeeze in applications, the payoff for winning financing for your startup can be huge. Make sure you apply on time to make your application stand out from the pack.
  • Track your applications. Creating a spreadsheet of the grants you have applied for and any upcoming deadlines is a great way to stay organized and motivated throughout the process.
  • Watch out for scams. Beware grantors that ask you to pay a large sum or sign up for some kind of subscription to access small business grants for women.

Remember, it’s never a good idea to put all your eggs in one basket. In addition to grants, you should consider small business loans for women, venture capital firms, women-only business accelerators, and other funding options that might be relevant to you.

The Bottom Line

It might seem like there aren’t a ton of small business grants available for women to start or grow a business, but the options above should give you a place to start. Plus, if you add in state and local grant options for women business owners, you should have a sizable number of grants to apply for.

Whichever grants you apply for, do careful research into the eligibility requirements and submit your application on time. If grants don’t work out for you or if you need additional funding, make sure you explore your other funding options.

small business grants for women

Rieva Lesonsky
Contributing Writer at Fundera

Rieva Lesonsky

Rieva Lesonsky is a contributing writer for Fundera. 

Rieva has over 30 years of experience covering, consulting and speaking to small businesses owners and entrepreneurs. She covers small business trends, employment, and leadership advice for the Fundera Ledger. She’s the CEO of GrowBiz Media, a media company specializing in small business and entrepreneurship. Before GrowBiz Media, Rieva was the editorial director at Entrepreneur Magazine. 

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