Tuesday, June 26, 2007

Federal Grants For Women

There are many federal grants for women available today. The government allocates money for women entrepreneurs, education and personal needs such as housing, childcare, and other general living expenses. Grants for women entrepreneurs and single mothers make up the largest portion of federal grants for women. There are also federal grants for women who wish to further their education or who need assistance in providing books, a computer and access to the internet and libraries for their children. For some, federal grants for women is the only option if they want their children to get a good education.

Many single mothers who have recently been divorced or the father is absent may find federal grants for women. Statistics say that single moms are one of the most disadvantaged parties in the United States. Federal grants for women are awarded to single mothers who need help buying a new home, repairing a home, paying rent, mortgage payments and utility bills. Federal grants for women can also include any assistance with food, clothing, and buying a car. All of these are considered personal need grants.

There are federal grants for women who wish to start a small business. In fact, 500,000 dollars is given away annually to women entrepreneurs. The government is more likely to give federal grants for women entrepreneurs than it is for men. Studies show that two out of every three new businesses are started by women. Women also are 75% more likely to have success in business ownership.

So how does a woman find and obtain a federal grant?

There are three sources for finding federal grants for women. The U.S. government's grant.gov website is a good place to start. Online you will be able to view grant opportunities from all federal agencies.

You can also search the internet using the term federal grants for women. Be careful though when taking this route. There have been plenty of fraud cases where people are promised free money just for an application. If you come across a website promising to help you find federal grants for women make sure to look and see if they back their product with a money back guarantee or free trial period. Any reputable business will have no problem doing this. If they don't move on.

The last and most important source for identifying federal grants for women is the government's own Catalogue of Federal Domestic Assistance. (CFDA). The CFDA provides a listing of federal grants for women and other types of financial assistance.

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