Q: Can I really get a Small Business Grant on the Internet?
A: Yes, you really can get a small business grant on the Internet.
That’s a great question, though – and it’s one you should ask yourself.
After all, if you decide to pursue a $1,000 Qualification Grant (awarded each month of the year) and the $10,000 Amber Grant (awarded once at the end of each year) your application will take some time and energy to write. You’ll commit a few dollars to cover the application fee. And you’ll do so with the undeniable reality that many internet scams exist.
We understand all of those things.
And today we’d like to address those questions and concerns. Read on to find out more about who we are, what we do, and how it works.
If you have any additional questions, please reach out to us.
Q: How do you pick the WomensNet Amber Grant winner each month?
A: It’s a simple, straightforward process. We read through grant applications each week and select finalists — typically 5. At the end of a given month, we discuss each finalist and vote to determine a winner. We usually announce the grant winner(s) 7-10 days into a new month.
Businesses selected for a $1,000 Qualification Grant are automatically eligible for the year-end Amber Grant ($10,000). Through Voting results, check-ups with the 12 Qualification Grant winners and other factors — we’ll award the $10,000 in December of 2018. So, one woman-owned business will earn a total of $11,000 in grant funds.
Q: Who selects grant recipients?
A: Our WomensNet Advisory Board, comprised of Christina Lambert, Kelsey Ptucha, Marcia Layton-Turner and the occasional guest judge.
Q. Why do you charge an application fee?
A. The fee makes the grant and operation of the site (including reviewing each application) possible.
Q. If I apply for one month and don’t receive a grant am I automatically enrolled for the next month?
A. Since the grants run on a month-to-month basis, we typically only consider the applications that applied in that specific months’ time frame. But we have had exceptions over the years and it’s not necessary that you apply twice.
Q. Am I allowed to apply multiple times in a month?
A. We don’t stop applicants from applying more than once a month for different businesses but we would recommend only applying once per business per month.
Q. How many applications do you get per month?
A. It depends. In the past year, we’ve gotten anywhere from roughly 200 to 500 per month. When we have had months with higher numbers of applications, we’ve given out more grant money to multiple grant winners.
Q. What types of businesses do you select as winners?
A. There isn’t one sector that we focus on. Here’s a list of recent winners, made up of all kinds of businesses (from food tours to literacy programs):
Q. What criteria do you use to select a winner?
A: We’re looking for a number of qualities, including a great story, a lot of passion and business savvy. Women who believe in what they’re doing tend to make us believers, too.
Beyond that, details are vital. While we’ll do our own research prior to selecting finalists and a winner (or winners), assume that we’re 100% unfamiliar with your company, industry and market.
Q. Is the Amber Grant only for US-based businesses?
A: Businesses operating in the US or Canada are eligible for our grants.
Q. How old do I have to be to apply for an Amber Grant?
A. You must be 18 years or older to apply.