The government has special programs set aside for women, some of which are designed to assist in starting up a small business.
Additionally, there are many programs providing grants and scholarships for school (including loans for school and Financial aid), and even grants for graduate school including law school and medical school.
Government Grants For Women
Throughout the history, people have witnessed the gradual transition of the role of women in society. From mere housewives in patriarchal societies, women around the world are now seen as equals of men. Indeed, the traditional notion that men work for a living while women are left at home to rear the children and to do the chores is no longer applicable. Nowadays, more and more opportunities are made available for women especially in the field of education, business, entrepreneurship and even sports.
The rights and privileges being enjoyed by women in modern day societies is brought about largely by movements which sought for women empowerment. In fact, most countries have codified and adopted the principle of women empowerment as part of their legal systems if only to ensure social justice. But perhaps, one of the most effective ways in ensuring women empowerment is to provide grants for women that include: business grants; federal grants; private grants; corporate grants; and professional grants.
Grants specifically for women – what are they?
Grants are funds given to an individual or an organization by another entity in order to finance a given charity event or any other activity and/or facility. Usually, grants are given to serve as an aid, though sometimes they are also given to encourage a certain activity. Before grants are given, certain requirements and limitations are established in order to determine those that are eligible for funding and support.
What makes grants unique is the fact that once given, it is not required to be repaid for as long as the grant given is used to finance the activity, event or charity for which it was granted.
Financial Security, Independence and Stability
Most women are interested in putting up small business which they can manage and own. In fact, small businesses nowadays are usually owned by women. Unfortunately, the capital needed to put up a business is usually obtained through loans from the bank. As such, women tend to borrow their capital from friends and other family members to start a business thereby jeopardizing their own financial stability.
By providing business grants and assistance, women would be given the chance to start their own business without worrying too much on how to pay back for them.
This would also give them financial security and stability thereby reducing their economic dependence from their respective husbands, other people or family members who loaned the money to them.
Government Support through Federal Grants
Countries which started to promote women empowerment, through their respective governments, have started to provide federal grants in order to help women secure undergraduate and postgraduate degrees. This is to ensure that women find career opportunities in their chosen fields of expertise.
Governments also provide federal grants to organizations that adopt programs which seek to promote women empowerment in the field of health, business and commerce as well as science and technology.
Corporate Grants to Empower Women
Several corporations that adhere to the principle of corporate social responsibility have provided grants to women in order to help them finish their education or to ensure their professional advancement and growth in the careers that they have chosen.
Private Grants from Foundations
Grants for women may also come from the generosity of private individuals who take pride in promoting and ensuring women empowerment and development. Private grants and awards are usually handled by a committee formed by a private organization which serves as a foundation primarily geared towards helping women.
Career Advancement and Development from Professional Grants
To support the career advancement as well as the professional growth and development of women within certain professions, universities, colleges and even non- profit organizations give professional grants.
Indeed, the role of women in modern day societies is rapidly changing. Communities across the globe are starting to realize the potential contribution of women among the different sectors of the society.
However, to fully realize their potential, women must be given a good foundation in terms of the skills, knowledge and abilities that they have. To achieve this, immense training is needed. Hence, grants for women, which serve as an aid to the development and growth of women, is an essential element in helping women reach their true potentials.