The highly anticipated year 2023 is finally here. The opportunities for growth, business opportunities, and grants are here to stay. It is important to understand ways to grow your business as you thrive in the face of distractions, stress, and uncertainty to start a business and keep up with the struggle to succeed against all odds — the girl boss!
What is the Mission of The GirlBoss Foundation?
The Girlboss Foundation Grant is aimed at empowering the next generation of female entrepreneurs in the creative community. From 2014 to 2019, the Girlboss Foundation provided $15,000 twice yearly grants to small firms that are in need of business funding. Within the space of five years, the Foundation has distributed approximately $130,000.
Girlboss Media is a female-focused media business well renowned for developing podcasts, articles, and other internet content. Aside from that, they also sustain a job board with opportunities for women in different business sectors. This association usually hosts a yearly Girlboss rally festival to inspire aspiring female entrepreneurs across the country.
This Foundation has assisted many female entrepreneurs in achieving their entrepreneurial objectives. The Girlboss Foundation seeks out women who are planning on starting their own business and need funding to help them get things going.
While there are several government grants for small businesses, however, options such as Girl Boss Foundation is one that seeks out women who are entrepreneurial and want financial support for their businesses. No matter what route you decide to take, from learning how to start a home-based virtual business and how you can access grants for black women to make that dream a reality.
One great thing to note about grants for small businesses is the fact that these grants differ in many ways compared to business loans. The options for small business loans, the number of small business grants is limited. Unlike small business loans, which are loaned out to you to be paid back at a specified date, with accrued interests too.
The Girlboss Foundation Grant Application
Grants, on the other hand, do not have. to be repaid. which have to be repaid grants are funding you get to keep. That’s right, once a grant is distributed, you don’t have to repay a dime. The GirlBoss Foundation is focused on providing grants for small businesses that you do not have. to repay for any reason whatsoever.
It is important to understand that the grants that are available for small business owners may have a highly stringent application process. a great deal—with a catch. The few small business grants that are available have arduous application processes.
This is not unusual, therefore, bear in mind that Small business grants can also be difficult to track down because of outdated websites, databases, or organizations that go out of business. The small business grant struggle is simultaneously extremely real and highly worth it.
GirlBoss Foundation Grant Requirements
The Girlboss Foundation Grant is only available to female business owners working in the fields of design, music, fashion, music, and art. The requirements include;
- Must be a resident of the United States
- At the time of application, you must be at least 18 years old.
- Candidates must always be able to illustrate financial needs as well as creativity and inventiveness.
- Show creativity and innovation in the specific field (30%)
- Show business acumen and foresight (30%)
- Show financial need (30%)
- The envisaged timeline, action plan, and budget are comprehensive, and realistic for the next 12 months (10%).
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How to Apply for Girlboss Foundation Grant
There is no information on the grant’s website currently. The most recent funding session was in 2019. Notwithstanding, by signing up for Girlboss’ Network and newsletter, you can gain information on this when it is released.
The Girlboss Foundation has given away over $130,000 worth of grants to women who are at the forefront of entrepreneurial fronts making innovative moves in the industries of fashion, design, music, and the arts. The process at the Girlboss Foundation involves each grant applicant to go through the process of applying for the grant.
Once you have been selected as a winner, you get $15,000 in project funding, plus features on Girlboss.com, our newsletter, and social media platforms. The GirlbossFoundation also does extensive training to help these new winners grow their businesses to greater heights.
Other Top Female Entrepreneur Grants to Consider
Although the Girlboss Foundation no longer awards grants, there are other grants you can apply for that is equivalent to GirlBoss. They include;
This foundation offers 12 women business owners funds to bankroll their aspirations each year. This foundation was set up in 1998 to honor Amber’s legacy, who died at the age of 19 before achieving her dream of being a business owner. As a result, each month, a varying proposal is chosen to receive a $2,000 grant.
Every one of those companies is liable for the $25,000 annual grant. The entry fee is feasible at $15, and women could apply every month online.
37 Angels is a venture capital fund that focuses on narrowing the gender disparity in startup funding. Obtaining VC funding is an alternative for startup companies with revenues ranging from $50,000 to $500,000. Candidates can apply at any time using Gust.
Have it in mind that obtaining VC funding can be overwhelming, and 37 Angels are no exception. Reports said that less than 8 out of 500 applicants will be chosen every two months.
National Association for the Self-Employed
The National Association for the Self-Employed (NASE) is a non-profit trade association known for providing assistance to small enterprises.
NASE membership is required for all grant aspirants. There are about five membership options available, each with its own pool of assets, special offers on business hardware and software, and access to experts. For as little as $11.95, you can receive access to a monthly $4,000 growth grant to help you expand your company.
Eileen Fisher is considered the most famous for her efforts in the entire universe of fashion; each year, via the program, the company awards ten handouts worth about $10,000 each to women-owned enterprises that have progressed beyond the startup stage.
On their website, you can learn more about the Eileen Fisher Women-Owned Business Grant standards and the program’s present state.
Tory Burch’s THE FELLOWS PROGRAM
Tory Burch established the Fellows Program to assist women-owned small enterprises after sprouting her company and obtaining financial support in 2009.
About 50 female business owners will be chosen to participate in the program. Access to Goldman Sachs academic materials and training courses, networking prospects within an incredibly valuable community of creators via a prestigious online networking platform, and a $5000 grant are among the program’s endeavors.