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Thursday, July 22, 2004

Grants, Loans & Venture Funding for Women

Over the years, I've met many business owners in various stages of entrepreneurship. Eventually, most of them need some type of funding to start or grow their business. New women business owners frequently look for grants. Being new to business, they are very conservative and not willing to risk going into significant debt.

Getting a grant is a slow road and doesn't often bring success, but here are a couple of places to learn about available grants:

The Business Owners IdeaCafe
Federal Grants

Going the commercial loan route is a good option if you have an existing business with quantified sales, a good credit history, you own property that you can collateralize, and you are willing to provide a personal guarantee. You'll also probably need a good business plan, and you should start with your current bank. Having a good relationship with your banker is very important, as well.

But what if you have an innovative idea for developing a brand-new type of software or medical device that will revolutionize your industry and you need millions of dollars to make it succeed? That's when you turn to venture capitalists. They provide the dollars in exchange for a piece of the pie.

How do you find them? Now, a new report not only lists the names of the venture capital firms, but gives you the complete contact information, dollars invested, and information about all the lucky "winners" and investors.

The 2004 VENTURE FUNDING FOR WOMEN ENTREPRENEURS REPORT, developed by Growthink Research in partnership with re:invention, is a landmark gender-based analysis of venture capital investments. In preparing this report, Growthink's team analyzed 1,860 companies that raised over $19 billion in venture capital in 2003. This 400-page study identifies and profiles 671 companies with women executives that successfully raised venture capital. The funded companies are organized by region, and executives are organized by position. Also included are various charts and graphs with regional and sector breakdowns as well as contact information for over 200 venture capital firms and corporate investors that invested in companies with women CEOs.

You can read more about this informative and vital report or download it and be preparing your proposal for venture funding in minutes here.

1 Comments:

At 8:21 AM, grants for woman said...

As I was surfing for grants for woman, I found you. Good stuff here. Surfing for grants for woman sites, actually. Take care.

 

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