If you're feeling the overwhelming frustration of constantly pitching your business to investors and getting rejected, or unable to find diverse funding options that fit your needs, then you are not alone!
In this episode, you will be able to:
Discover traditional funding avenues for women entrepreneurs, including bank loans, grants, and SBA loans.
Uncover alternative funding solutions like small business grants and crowdfunding tailored for women-owned businesses.
Embrace the power of effective networking and research in securing the ideal funding option.
Familiarize yourself with the valuable resources and organizations, like NABO and SCORE, dedicated to women entrepreneurs.
Embark on a journey to empower fellow women entrepreneurs and create meaningful impacts through financial backing.
You have a service or a product that someone needs, you are a solution to someone else's problem. - Dawnette Palmore
The resources mentioned in this episode are:
Check out traditional bank loans or business lines of credit if you have a solid credit history and collateral.
Look into small business grants that don't require repayment, specifically designed to support women-owned businesses. Consider organizations like the National Association of Self Employment or the Amber Grant Foundation.
Explore the Small Business Administration's various loan options and mentorship programs, including Your Money On Purpose Coaching to help women-owned businesses get government contracts.
Consider angel investors or venture capital firms that specifically focus on women-led businesses, like Golden Seeds, Women's Venture Capital Fund, Female Founders Fund, and BBG Ventures.
Research crowdfunding platforms like Kickstarter, Indiegogo, and Kaiba to present your business ideas to the public and raise funds from interested individuals.
Connect with organizations like NABO (the National Association of Women Business Owners) for networking, education, and mentorship opportunities.
