Women entrepreneurs in today’s business world

I would like to start up a small drive thru cafe/coffee shop in the Sacramento area, I would like more information on how to gain capital with little start up .

5 Responses to “How can a hispanic woman get a small business grant?”

  • xicofb says:

    well i’m from portugal so the best answer i can give is try to look for a microcredit institution in ur area..google it up!

    ever heard of mohhammed yunus? he won the nobel peace prize this year and he’s the founder of the microcredit concept..he’s helped thousands of poor women around the world starting their own businesses…maybe this is ur turn!

    good luck…and remember that being hispanic is not a liability..it is actually something u should be proud of…i asi me voy!

  • Shu says:

    Check with the Small Business Administration in your area. They are sure to help you. You might also check into Government Grants to start your own business.

  • luiz says:

    if you’re a legal person then not any difference from what everybody else…

  • mx_ae says:

    Queriada amiga, dfinitivamente antes de iniciarun negocio debes hacer a un lado tus prejuicios, te imaginas enmedio de una tormenta culpando tu condicion racial antes de identificar el verdadero origigen y la solucion a un problema? Para iniciar un negocio lo mas importante es contar con toda la información sobre el producto o servicio, pero sobre todo tener una mentalidad de ganador.

  • imisidro says:

    It is hard to find grants to start a business — even for a Hispanic woman. Unlike the myths that some perpetuate, federal government and even private foundations hardly give grant money for a for-profit business. And yes, grants mean PAPERWORK – lots and lots of it, that is why a cottage industry of grant writers was born.

    Nonetheless, you can go to the Catalog of Federal Domestic Assistance (CFDA) http://www.cfda.gov and Grants.gov http://www.grants.gov – these are two sites created by the federal government to provide transparency and information on grants. Browse through the listings and see if you can find any grant that would support a for-profit venture.

    Even if you buy books on “how to get grants” or list that supposedly has information on grants — all of them are mere rehash of what CFDA has, albeit packaged differently. But still the info is the same – hardly any grants for starting a for profit business.

    Even SBA does NOT give out grants. From the SBA website http://www.sba.gov/expanding/grants.html

    “The U.S. Small Business Administration does not offer grants to start or expand small businesses, although it does offer a wide variety of loan programs. (See http://www.sba.gov/financing for more information) While SBA does offer some grant programs, these are generally designed to expand and enhance organizations that provide small business management, technical, or financial assistance. These grants generally support non-profit organizations, intermediary lending institutions, and state and local governments.”

    Here is a listing of federal grants for small businesses. See if there is any available for individuals for starting a business — THERE’S NONE.
    http://12.46.245.173/pls/portal30/CATALOG.BROWSE_BENEF_RPT.show

    Most of the federal grants are given to specific target groups with specific requirements (e.g. minority business owners involved in transportation related contracts emanating from DOT – Grant#20.905 Disadvantaged Business Enterprises Short Term Lending Program

    Grants are also often given to non profit groups or organizations involved in training or other similar activities (grant 59.043 Women’s Business Ownership Assistance that are given to those who will create women’s business center that will train women entrepreneurs

    For private grants, you may want to check the Foundation Center’s Foundation Grants for Individuals Online. It’s a subscription based website ($9.95 per month) but their opening blurb only says that the database is ideal for “students, artists, academic researchers, libraries and financial aid offices.” Entrepreneurs are apparently not one of them, so I take it they also don’t have listings of private foundations who give grants to would-be entrepreneurs.

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