5. Amber Grant
The Amber Grant is another one of the best business grants for women. Womensnet.com started it in 1998 in the memory of Amber, a young woman who passed away prior to fulfilling her business dreams. The grant was started to assist female entrepreneurs to achieve their goals in ways Amber couldn’t. The program awards a grant of $2,000 to one qualifying female entrepreneur each month. One of the monthly winners will receive an extra $25,000 by the year’s end. The grant is small but can assist in enabling your business to take off. Keep in mind that you are not expected to pay off the funds. The last of each month is the application cut off for every monthly grant. It is one of the ideal grants for single moms as you can apply at any time of the year. The requirements include telling your story and paying an application fee of $15 only.