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In the United States today, there are over 9 million businesses owned by women. However, the harsh reality is that they receive the least amount of financial support from the traditional lending sources, i.e. banks and venture capital entities. One of the key reasons for this lack of financing is due to the fact that women typically own smaller businesses requiring $250,000 or less in financial assistance. Suffice it to say, this limits the financing options that are available.

The other side of the coin is that loans used to create a business are typically predicated by collateral and excellent credit histories, which at times can be a difficult proposition for a woman. This, at times, can lead to an error in financial judgment wherein the woman will borrow money from family members and/or max out their credit cards. The result is that their own personal finances become uncomfortable, having compromised their financial position in the process.

The irony is that financing a business start-up should not be as gender sensitive as it has become. Grants for starting a business should be easy to procure whether you are male or female. By not being able to procure a business grant to start up your business, you are missing out on what could be your golden opportunity. Business grants have a number of benefits but the two key aspects are:

They don't have to be repaid like a traditional loan. They can be used to start up a business or expand a current one

Considering the fact that the Work-at-Home-Mom sector is bigger today than it ever has been, it makes sense that procuring a business grant should not be such a challenge. So what can you do if you're a woman and you need to obtain a business grant? There are actually 12 suggestions or tips that you can follow in order to achieve your goal of obtaining a business grant which I have broken down into a 3-part series. Here are the first 4 critical steps to take in order to obtain a business grant.

Step #1 Your first stop should be the Small Business Administration (SBA). If for no other reason than obtaining direction and valuable information, you should always start by contacting your local area SBA. Aside from training classes, which are offered at no charge to the participant, the SBA offers a number of services when it comes to obtaining grants for business start-ups or expanding your current business

the SBA is now devoting resources strictly for the purpose of assisting women in starting up a business or expanding their

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