Hi BFF’s!
Do you have a business that is majority women-owned? If so, I have excellent news for you. There are various grants and loans that are available to you, that you should take advantage of to grow your business.
The Red Backpack Fund, backed by Sara Blakely, is a great opportunity. They are giving away $5,000 grants to 1,000 women-owned businesses.
There are a few stipulations:
- 51% of the company must be women-owned
- Total revenue is less than $5 Million for the past three years
- You have less than 50 employees
- You withheld payroll taxes for at least one (1) employee including yourself
- Your business must be registered with the USA, in good standing, and a valid Employer Identification Number (EIN)
- Applicant must be over 18
The application process opened today, July 6, 2020, and closes July 13, 2020, at noon, ET. If you miss this opportunity, you have one more chance to apply August 3 – 10, 2020. Please note, you may only apply to one cycle.
When you apply, make sure you review the site for all the requirements. Doing so will ensure your application is better than the next.
To apply, go to www.globalgiving.org/redbackpackfund/
Best of luck!
Welp friends, that’s all I have today. Don’t forget to follow me:
