Building Entrepreneurial Capacity for Women in Columbus
GrantID: 78978
Grant Funding Amount Low: $500,000
Deadline: Ongoing
Grant Amount High: $500,000
Summary
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Grant Overview
Ohio's women entrepreneurs face significant capacity gaps, particularly in underserved areas where access to mentorship and funding is limited. In Columbus, for example, women-led businesses report difficulty securing capital and navigating complex business regulations. Unlike Michigan, Ohio requires specific certification for women-owned businesses to access state contracting opportunities. Supporting women entrepreneurs through a capacity-building program will address these gaps by providing targeted training and resources. Eligible applicants include organizations with experience in business development and a demonstrated understanding of Ohio's economic landscape. The program will focus on enhancing business planning, financial management, and networking skills among participants. Ohio's Minority Business Development Centers will partner with the program to provide additional resources and support. Key readiness requirements include demonstrated experience working with women entrepreneurs and the ability to track program outcomes effectively. ## Building Capacity for Women Entrepreneurs in Ohio ## Ohio's economic development strategy prioritizes supporting women-owned businesses, recognizing their potential for job creation and innovation. ## Addressing Systemic Barriers ## By providing mentorship and funding opportunities, the program aims to address systemic barriers faced by women entrepreneurs in Ohio, particularly in underserved communities.
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