Got a great idea? Ready to fight the titans of industry and make your way to the top of the business ladder? Getting any start-up project off the ground takes time, commitment and a little bit of capital to get you on your way. Unlike Paris Hilton or Ivanka Trump, most of us don't have instant access to zillions of dollars to kick-start our latest venture but, with a handful of groundbreaking foundations generating grants for small business women – stepping out on your own just got a little bit easier. Find out about the five most important entrepreneurial grants to clue up on below:
INNOVATEHER Have you got a ground-breaking product the world needs now? The SBA (small business administration) offers a yearly grant of $30,000 for inventions that can help shape lives of women the world over. Whether you're a tech whizz or social scientist, the initiative is open to all admissions and is openly searching for innovative products and services that help impact and empower the lives of women and families. If you want to know more click here.
EILEEN FISHER GRANT Supporting women in the arts, the sustainable fashion guru awards five grants yearly for product innovation and forward-thinking fashion startups. 100% woman-owned and operated, the progressive female small business project awards sizeable donations to brands and products that will help improve and promote the green fashion movement.
KHALIFA FUND Renowned for the region's entrepreneurial spirit, the UAE is a hotbed of activity, with thriving small businesses taking a sizeable chunk of the profit pie. Hoping to continue cultivating this competitive marketplace for young hopefuls, the Khalifa fund offers grants and guidance for small Emirati businesswomen. Offering loans of up to AED 10,000, the government lead initiative is opening doors for young hopefuls looking to make that dream a reality.
ALBERTA WOMEN An international non-profit organization focused on empowering women in the marketplace; AWE has been helping small business owners all over the world cultivate their market niche and make their place in the world market. Offering everything from loans to growth programs, AWE looks to elevate women-owned business in all sectors and all parts of the world.
TORY BURCH FOUNDATION
The newest philanthropist to give back to the fashion community, Tory Burch has set her sights on supporting female business women. Offering advice and celebrity mentors, the Burch empire has partnered with Goldman Sachs' to offer business and management education to female small-business owners. Its program with Bank of America also provides affordable loans.