Entrepreneurs want fresh capital to research and fill up their goals in this rapidly changing economy. While large companies have fared well for several years, every new firm needs loans to survive rough business quarters.

Women entrepreneurs are starting a new business at a faster rate now! However, women who manage to secure loans receive less than male borrowers. That is why women-owned businesses struggle to become competitive in the market.  Economists and market analysts have examined many factors to state why businesswomen struggle to obtain credit. Fortunately, several lenders and corporations have acknowledged this problem. They have been helping reduce gender inequality by offering grants for women-owned business. Here are some examples:

The Eileen-Fisher Women-Owned Business Grant-Women who are in need of financial assistance to expand their business can seek Eileen-Fisher Women-Owned Business Grant. The program awards five women with grants up to $120,000 annually. To get selected for this grant, you must have a women-owned business promoting social and environmental change. In addition, your firm must be existed for at least three years, and you must not have earned more than $1 million in annual profits.

Amber Grants- The program is much suited for women entrepreneurs who are opening a small local business. This program offers grants for women-owned business every month, and one female is selected for a $10,000 fund. By the end of the year, one of these monthly winners gets the luckiest funding opportunity of $25,000. To apply for this grant, you have to submit the purpose of your business.

FedEx Small Business Grant- FedEx has demonstrated that they are fair with the distribution of funds given to men and women equally. To select a winner, they allow the public to vote for their favorite company through a competition. The selected candidates receive a $75,000 grant and free exposure through FedEx's media outlets as well.

Conclusion

Looking for a place to find these grants and apply through them? USA Grant Application is the right choice to seek grants for women-owned business. Get to learn more about them by visiting the official website.