How to get Grants From Amber Grant Foundation – If you have no idea about the grants from Amber Grant Foundation there is nothing to worry about. We will be providing each and every information about the Amber Grant Foundation. The Amber Grant was mainly made to help out the women who are planning to start their own business. Everything has changed, women are progressing fast and there are many women entrepreneurs who are looking to start an online or home based business.
So, if you are a woman and planning to start a business these grants from Amber Foundation can offer you some help. The grants vary from $1,000 to $2,000, the amount can be used to design a website, for purchasing equipment or paying for other expenses to start a business. The best thing about the grant is that you do not have to pay them back, it is not any kind of loan. There are many private donors and organizations that offer donations to this foundation to finance scholarships. The foundation offers scholarships quarterly.
Highlights of this Post
What Is Amber Grant Foundation
The Amber Grant Foundation was established in 1998.The Amber Grant was mainly created by purchasing womensnet.com and aimed to honor a special woman , Amber. Amber passed aways at the age of 19 but she always wanted to fulfill her dream to become a top entrepreneur.
Therefore each month, the Amber Foundation is offering grants of $2,000 to the female business owners. Apart from that there is another grant that offers $25,000. When you are the winner of the $2,000 month bursary then you will be automatically selected for the $25,000 grand at the end of year bursary. So, you get the chance to get around $27,000 from grants.
Application Procedure For Amber Grant Foundation
The Amber Foundation awards Amber Grants for women that are mainly owned by Women grants. Women grants is an online network that has been mainly designed for the women who are looking to start a business. It was founded in 1998.
The Amber Scholarship was named after the memory of the founder’s sister. The foundation not only funds scholarships but also helps out the women with resources to find scholarships and also on how to write a scholarship application. They also help with online blogs where the women can share their set of ideas and information on how to run a small business that is led by a woman.
However, you must be at least 18 years of old to be eligible for the grant. Apart from that your company needs to be located in Canada or the United States to be eligible for the grants. They charge a small fee of $15 for the application process that helps you to get access to the website to get approved. If you own more than one company then you apply for the grants more than once in a month. But you need to apply through a different company every time. During the application procedure they will be asking for some detailed information about your company.
You can tell them a story and the decisions will be made according to your answers. You can explain what your company is all about and the current challenges you are facing. They might also ask you what you are going to do with the scholarship amount. So, it is important for you to be prepared with all your answers.
Application Tips For Amber grants Scholarship
When you are applying for the scholarship it is important for you to keep in mind that the scholarship holders are mainly selected by the advisory board. They are looking for women who are dedicated and believe in what they do. It is important for you to have vision, business skills and passion to carry out the business successfully.
Another great thing is that there is a voting procedure where the general public gets involved. In the website everyone gets access to read out the women’s stories and cast their votes. The judges will count on these votes while making their decision. The stories can also help you in finding what the jury wants and looking from the applicants. So, it is important for you to make notes on how these women represent and talk about their business.
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In May 2018, Veronica Crafton was the winner, she is the owner of Amazingly Uplifted. The organization offers in-house therapy and counseling services to the children, families and educators who are struggling. She is highly driven by the love for children with autism and she thinks that they do not have people to support them in the education system. She has worked with many childrens and that has inspired her as an educator. With the scholarship amount she wanted to start a scholarship for the families who are unable to afford their services, buy materials or pay for office space.
How Does The Amber Grant Foundation Works
Every month a female business owner is chosen from the list of monthly applications. The female business owners are offered a grant of $2,000. Apart from that there are also other larger grants that are available through the Amber Grant Foundation. Read the article further to know more about the grant.
Analyzing The Needs of Your Organization
To analyze your organization’s need you need to have a better understanding on some factors that are listed below:
- Addressing the problem or need of your organization.
- The type of support you are going to need.
- Focusing on the right target group that can benefit your service or product.
- Resources and commitment that are required to achieve the objectives.
- Potential of the partners in the organization.
Researching The Type of Foundations
It is important for you to know the differences between Business Start ups, Community Foundation and Private Foundation. It is also important for you to search for the funding matches and identifying the supporters:
- Has the ability to fund your project in your selected geographic area.
- Sharing similar types of tasks.
- Have already supported similar types of ventures earlier.
After that you need to make a proper list of Prospects by grouping them:
- According to the subject of study or area of interest.
- By geographical area (city, state or region)
Review Your List and Refine Them by eliminating the prospect who does not offer finance:
- In Your State.
- Your Size of Project.
- On Your Subject.
- Your Type of Organization.
- The type of support you require.
Choosing the right and suitable funding prospects by reaching them in detail.
- You need to contact them directly and require them for the annual reports.
- You can also search print and online media to identify projects that have already received those grants in the past.
- You can also ask former fellows for a little advice and how they were successful in receiving the grant.
List of Grants From Amber Foundation
Company Specific Grants ($5000 To The Winner Every Month)
The business woman who has completed their application is eligible for the Amber Grant of US that is $10,000. However, the application is only for a month. There is also an additional Women Business Grant that offers $5,000 to the winner every month. We have also found that there are some business categories that are under-represented in attracting the available funds. The applicants who fall under a specific business category are directly eligible for the $5.000 monthly grant. But the grant is provided only once per year to an applicant.
Mini Grants ( Offering up to $2,000)
Every advisory board member has accessed the funding that awards mini grants that is up to $2,000 every year. There are women entrepreneurs who are minor but still need support with business. The pool of mini-grant funds was around $48,000 in the year 2021.
Annual Amber Grant (Offering $25,000)
12 winners of the Amber Scholarship will be selected, that is US $10,000 per month. Among them a winner of the year end scholarship will be chosen and she will be offered with a US $25,000 scholarship. So, the total amount that can be won is around $35,000 only on a single application.
The Marketing Grant
The marketing grant is offered three times a year to a selected women’s company to help her with marketing. They offer implementation of a marketing plan and professional agency support for development of the business.
Monthly Amber Scholarship ($10,000 Winners Each Month)
The jurors review the application every month and then select 5 finalists among them. Among the 5 finalists one will be winner of the $10,00 monthly Amber Org Grant scholarship. The other remaining finalists will receive $1,000 each. The $10,000 winner of Amber Grant automatically qualified for the $25,000 year end grant for each month.
The Amber Foundation Offering $27,000 Grant
When you are a single mom and also a business owner then you have the opportunity to get the $27,000 Grant. The Amber Grant offers additional funds to the single mothers. The single mothers can use these funds to expand their business. This grant was WE magazine’s first grant amount 125 grants, loans and other grants for women in minority group. However, it is recommended by the USA Today, Michigan State University and Business Money Today.
Opportunity For Single Mothers With a Business
This particular company has been doing business for twenty years and has an excellent reputation. When you are single and owning a small business in the United States or Canada then it can be an excellent opportunity for you to gain some extra emergency cash and boost your business. But there is a small downside to the Amber Grant as you need to pay a fee of $15 to apply for the grant. The grant will offer immense support to the mothers who own a small business.
Conclusion
I hope the article has provided you with all the information about the Grants From Amber Grant Foundation. If you are a business woman then there is a big opportunity for you to seek those grants to start a business or expand your business. Those women entrepreneurs can also try to seek grants who are looking to start home based business or online based business. But it is important for you to know about the resources you need to boost your business. So, if you know any women entrepreneurs looking for amber grants to support their business then please share this article with them. Thanks for reading the article till the end. I hope you have a great day ahead! You can also read this article about what are categorical grants? and gain additional information about it.
Frequently Asked Questions
We are going to answer some of the most frequently asked questions on Grants from Amber Grant Foundation. Go through the question and answers to gain additional knowledge.
I am a woman. Are there any grants to support my business ?
Yes, there are grants from Amber Grants foundation that offers support to the women that own a small business. The grant money can be used to start a business of your own or can also be used to boost your owned business.
Are there any fees I need to pay for the application ?
Yes, Amber Grant Foundation charges a fee of $15 for the application process that helps you to get access to the website to get approved.
To whom are the grants mainly offered ?
The grants are mainly offered to those women who own a small business in Canada or the United States. But if you have any business outside these two countries then you are not eligible for the grant from Amber Grant Foundation.
How much is offered under the Mini Grants?
The mini grant offers $2,000 every year to the women entrepreneurs who are minor and need support with their business.
