Women own over 9 million businesses yet they receive the least amount of financing from traditional sources such as banks and venture capital firms. Women traditionally own smaller types of businesses that don't need financial assistance of $250,000 or more, and so financing options are limited.  

Business grants can be difficult to obtain. Most businesses are created with loans which rely on good credit histories and collateral that women (and mothers in particular) may have a hard time supplying due to divorce, medical expenses, and just the high cost of raising children. Women often use their credit cards or borrow from family members in order to start a business, which can make their own finances uncomfortable.  

MIBN wants to give you a chance to create your dreams without owing money to some financial institution.

 

In addition to the $1,000 Cash, grant recipients also receive a complimentary one year MIBN Small Business Membership in addition to $4000 in business services and prizes. 
 

Previous Grant Winners:

 

2005

Ronna Timpa, Owner of ESL Workplace Solutions

Luwana Masteller, Owner of Youth Sports News

 

2006

Cheleen Morgan, Owner of The Antique Mall

Suzanne Ferguson, Owner of ABCs for Business

 

2007

Kimberly D'angelo, Owner of The Memories People

Anne Haywood Smith, Owner of Anne Haywood Jewelers

 

 

We will begin accepting grant applications:

July 31, 2007 through December 31, 2007

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Grant FAQs

 

• A Moms In Business Network member.

• Applicant must be female and must have children. Applicant's child(children) can be of any age. Applicant's child(children) do not have to reside with applicant, applicants child(children) can be natural, adoptive, or foster). 

• Applicant must be a U.S. resident 

• Applicant must be over the age of 18.

• Applicant must submit complete, accurate and honest information.
  
• Each business grant is awarded on the quality of the answers to the application questions. Personal credit history is not taken into consideration.