Federal grants are open to women-owned businesses, both regional and state and local. Look for grants that are for your particular business at grants.gov and apply if you satisfy the criteria.
SBIR grants are open to small tech firms that support Federal RandD. The grants are requested by companies with under 500 employees that have the required other qualifications. On the Economic Development Administration resource page provides a wide range of grants in state, regional and local projects.
Small Business Development Centers spread across the country will offer you useful information and free business consultancy. These centers can help you prepare business plans and carry out market studies. They can also offer grants when you’re qualified. They require you to send detailed application to the grantees.
5. Raise Capital through Crowdfunding
Over the last few years it has become popular as a viable method of funding for companies. It is a popular alternative for female entrepreneurs in the field of technology who want to fundraise. This requires the development of an effective campaign that opens your company up to a wide selection of investors.
Crowdfunding can be a viable option for your business that permits you to raise money through advance sales. It happens prior to the product launches via Kickstarter as well as Indiegogo. SeedInvest assists in raising awareness about the business owner among venture capitalists and investors. Crowdfunding has more to offer than simply raise funds to a woman-owned company.
6. How to raise capital by yourself, or from Family and Friends
Two options are available There are two options: You can either borrow money from family members and friends or use your savings. It’s less stressful but could be disappointing. Alternative methods work better alternative to funding your savings through personal savings or soliciting help from family and friends. But, it can be an ideal option if creating a business of a smaller size.