Female entrepreneurship has the potential of making Los Angeles a better place. That explains the need to increase resources, including business grants for women to expand their businesses and improve economic development in the city. This is important to help improve the overall economic prosperity. Fortunately, organizations providing grants are available. If you want to ensure your business success, you have to the right place. Happy reading.
Ascend Los Angeles
Ascend Los Angeles provides grants to women entrepreneurs to enable them to have the capital to start or expand their businesses. The non-profit organization also provides counseling and coaching services to female entrepreneurs to enable them to prosper. Whether you want to start your own company or looking to be self-employed, Ascend Los Angeles got you covered. Make your dreams come true through Ascend Los Angeles business support. For more details, please visit https://www.ascendla.org/.
El Pollo Loco, Inc.
Latina-owned small businesses can apply for up to a $500,000 grant. The goal is to help the food and restaurant small businesses. El Pollo Loco came up with this grant as a way of giving back to the community. What is the source of funding for the program? El Pollo Loco is encouraging customers, businesses, and the community at large to take part in making donations towards the program. The additional funds raised through the campaign; the organization uses them to support other Latina female entrepreneurs in need of capital for business expansion. Visit https://www.gofundme.com/f/eplgrants for more details.
Economic Justice Fund
The Economic Justice Fund was created to help improve the number of women starting their businesses. By 2018, the number of women-owned businesses had increased by over 50%. However, women are still less likely to start and run their businesses than their male counterparts. Also, women are less likely to receive external financing like loans or free grants to start or expand their business than men. That means that, compared to females, males raise more funds for startups and throughout the life of their businesses. The Economic Justice Fund is committed to ensuring that women entrepreneurs have equal access to capital for expanding their businesses. Find out more at https://economicjusticefund.org/who-we-serve/women-entrepreneurs/?gclid=Cj0KCQjwrsGCBhD1ARIsALILBYrv2Bt29j2C8uHzXNKfzrVWuu004Elv2I1Lp5aG9WXWTXbSmXECC54aArwKEALw_wcB.
Visa She’s Next Grant Program for Black Women-Owned Businesses
The program is run to help black women remove the barriers to accessing capital to expand their businesses. The program helps by offering a $10,000 grant plus IFundWomen Annual Coaching Membership to 60 black women in Los Angeles. While most small businesses have faced challenges in making their dream a reality, black women founders are the hardest-hit group of all, especially when it comes to accessing capital and other resources needed to support business expansion. That is why the Visa program exists; to help black women have access to capital and coaching. The goal is for black women to continue impacting society through their services and products. Interested in the program? Please read more at https://ifundwomen.typeform.com/to/nqdLOPXA?_ga=2.208889234.1247371390.1615882138-1817865431.1615882138 and make an application.
Amplify
Amplify is a non-profit that is run by a group of entrepreneurs in Los Angeles. The organization aims to benefit the local community members and improve the start-up ecosystem in Los Angeles. How do they work to achieve their mission? Well, the non-profit provides grants to women entrepreneurs to enable them to have access to capital to expand their businesses. The organizations consist of mentors and advisors who are committed to ensuring business owners amplify their enterprises to the next level. You can receive up to a $50,000 grant as well as a free workspace to qualifying members. Apart from startup capital, your business may also have other benefits including banking, hosting, or legal support. Besides the organization plans for educational programs, which are designed to improve entrepreneurship and innovation in Los Angeles. Read more about Amplify at https://www.dogoodla.org/amplify.
LA n Sync
The goal of LA Sync is to bring together business and non-profit sectors to win funding opportunities. The main purpose of the organization is to improve the quality of life of the residents of Los Angeles by providing grants to women-owned small businesses. If you want to invest in some viable business venture, this is the way to go. Join LA n Sync and achieve success for your business. For more details, please visit https://www.dogoodla.org/la-n-sync.
Girlboss Foundation
The Girlboss Foundation is committed to uplifting female entrepreneurs in design, fashion, music, and arts through grants. The Foundation provides up to $15,000 grants twice annually to qualified women in Los Angeles. The financial support is only available for the already established and running businesses. Who qualifies for the grants? Well, you have to demonstrate creativity, innovation, and business planning skills. You must also demonstrate the need for financial support to be considered for assistance. For more details, please visit https://www.girlboss.com/foundation/apply-2.
Cartier Women’s Initiative
The Cartier Women’s Initiative allows female entrepreneurs to compete for up to $100,000 grant. The grant is awarded to the first-seven women-owned businesses. The organization provides another $30,000 grant to the other 14 finalists. The 21 awardees are then taken through coaching among other benefits. Who qualifies for the grant competition? All women businesses in any field can take part in the competition for a chance of growth. The competitors should focus on achieving sustainability in the environment. For more details, please visit https://www.cartierwomensinitiative.com/.
The National Association of Women Business Owners (NAWBO)
NAWBO is committed to representing the interests of female entrepreneurs in Los Angeles. The goal of the organization is to strengthen the capacity f women to create wealth and achieve economic prosperity. How does NAWBO achieve its mission? The organization support initiatives that promote female entrepreneurs, including connecting them to the funding sources to support their businesses. They also disseminate information regarding grant availability for women in need of capital to expand their businesses and take them to the next level. Find out more at https://www.nawbo.org/los-angeles/about.
Eileen Fisher Grants
The Eileen Fisher Grants program has supported over 70 women-owned small businesses whose products have positive impacts on the people and the surrounding environment. The programs provide grants ranging from $5,000 and $30,000. The goal is to promote and encourage entrepreneurial culture among women in Los Angeles and beyond. For more details about the program and how it works, please visit https://www.eileenfisher.com/social-consciousness/grants-overview?.