Women grants are a form of federal grants specifically allocated for females. A federal grant is a financial assistance awarded to a recipient by a federal agency to carry out service for a social cause or for the betterment of society. The Department of Health and Human Services (DHHS) has provided detailed information about federal funding opportunities online. Online applications are acceptable and the signed grant application, along with the requisite certifications and assurances submitted to the concerned authorities, completes the application process.
Through the Office of Small and Disadvantaged Business Utilization, the Department of Health and Human Services identifies and researches the background of women-entrepreneurs owning small businesses. It then provides the information collected to its agents who in turn issue solicitations and obtain proposals from female-owned small firms who pass qualification. Female owned small businesses are establishments which are wholly owned or maintain at least 51% ownership rights by a woman or group of women.
Women entrepreneurs seeking to establish a business or expand their existing business can approach the Office of Small and Disadvantaged Business Utilization (OSDBU) for assistance, as their Procurement Pilot Program seeks to increase the annual federal grant acquisition awarded to women owned businesses. The Small Business Act authorizes the Small Business Administration (SBA) to enter into contracts with certain agencies and to subcontract the work. SBA, along with key federal agencies and other resource partners, is developing a systematic approach to increase the number of female-owned firms receiving federal contract awards. The Women-Owned Small Business Initiative Committee (WOSBIC) seeks to link women owned small businesses with a network of buyers and federal contractors, serves as a portal to keep the businesses current with latest news and information, develop initiatives and strategies, as well as host forums to foster women owned small businesses. They make services of a business analyst available to the small business and help them evaluate and analyze business strategies, as well as conduct outreach activities and training programs.
Women entrepreneurs are on the rise despite the struggling global economy. Small businesses are creating a culture of enterprising women who are determined to rewrite their destiny and change the quality of their lives. In this way, they touch the lives of those for whom they provide a livelihood and extend support. Women grants are readily available at any time. Apply for yours today.