Latest posts by Melissa Crossman (see all)
- Fitness 101: What Exercise Equipment Should I Use at the Gym? - March 22, 2013
- Preparing for the Patient Protection & Affordable Care Act’s Scheduled Changes, 2010-2020 - February 14, 2013
- Internships and Networking: Gaining Experiences and Connections to Further Your Career - February 13, 2013
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By J. Howard Miller, artist employed by Westinghouse, poster used by the War Production Co-ordinating Committee [Public domain], via Wikimedia Commons
If you run a woman-owned company and you’ve successfully navigated it through the downturn and into an anemic, but hopeful recovery, you’ve earned some bragging rights. That you kept the doors open means that you made tough calls under great pressure and you’re truly lean as a firm. Now, as you position yourself to capitalize on future opportunities, why not consider using a government program to finance the idea you’ve been putting off during slow times? In fact, why not add to your own professional growth as you take your business to its next goal?
Money for innovation
The Small Business Administration is well known as a source for information and loans for starting up small enterprises, but many owners may not be aware of many specific programs operated under the SBA. One program is the Small Business Innovation Research (SBIR) program. A three phase grant – not a loan – intended to promote efforts by small, domestically owned businesses to research technologies that could lead to the commercialization of a product or service with potential application in one of several government agencies.
Though not specifically targeting women-owned businesses, the program does have a goal to “foster and encourage participation in innovation and entrepreneurship by socially and economically disadvantaged persons,” which includes many women-owned businesses.
The first two phases of the grant, the
More than street cred
You’ve put your street and schooling knowledge to good use insofar as you nurtured your firm from start-up to a going concern, but as your company grows, you’ll need new skills to expand and exploit new opportunities. Starting an online MBA program while the economy is still sluggish is a professional move that maximizes your resources, especially your schedule. Though men still outnumber women in MBA programs, the rise of online classes helps lessen some of the intimidation many women have expressed as a reason for not pursuing an advanced business degree in a still male-dominated arena. Already having real world experience as a female entrepreneur is a factor that many male classmates won’t have and one valued by most instructors of any gender.
Moving forward
Seeing opportunity where others see only obstacles is what separates the entrepreneur from all others. As a woman with the vision to grow an idea into a business, these less than boom times can actually provide an advantageous moment to develop a new idea with the help of the right grant and endow your own career with increased knowledge.
Twitter: smuggecko
Sadly times of financial woe do spin off huge profits for anyone that can get their foot in the door of loan consolidation and evil money lending schemes. Just one example of someone making good of the bad. Albeit, at the clear expensive of another.
I think one important survival tactic nowadays it to think well outside the box and grab hold of all the help you can get, especially financial.
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Many of the people perusing these pages are on a mission to continue moving forward no matter the current situation. The economy will turn around, so being prepared and positioned when it does is most important!
If American women represented a separate country in the London 2012 Olympics, they would have finished 3rd in medals earned out of all the countries in the world!
Now that “Real” Power!
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I was reading a recent report in which it was stated that women are enrolling in greater numbers (both at undergraduate and graduate levels)
This increase in education for women has led more women to become successful entrepreneurs even during recession. There are so many new business opportunities (mainly to do with cost cutting) when the economy is down. One just needs to be able to find them out and attract customers.
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Today women are working great in entrepreneurs. Housewives are earning money by blogging through freelancing. I mean to say woman can do best in every field.
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In today’s age due to internet penetration, work from home is so easy and fast, which makes working for women from home pretty easy thus increases their share in working and earning
My mother just recently became the President of her company. She also has her Master’s degree. In my opinion, women are just as good of business owners and entrepreneurs as men are.
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women are capable of that and more
Twitter: taliatalks
Given the number of business that fail, any support for new businesses is welcome. I heard somewhere that more women than men start new businesses in order to create income while maintaining a lifestyle balance.
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Twitter: GeekandJock
Well, it’s certainly about time that the ladies got equal pegging when it comes to the business world, if you ask me. Both genders have their own unique skill sets as well as business preferences so it simply stands to reason that, if given the opportunity and resources to succeed, that women WILL make a go of it.
In an ideal world, gender should be irrelevant. In today’s world. we’re not quite there yet so wonderful to see there are available assistance packages on offer, to women. Good wrap up, Melissa.
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I totally agree that women are becoming more and more business-oriented, in fact it’s women that do most of the financial management at home, it’s no wonder we excel in entrepreneurship as well.
I’m glad about the promise SBIR program has to offer.
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Good luck women. Not all women has the ability and entrepreneur soul. It’s one of the value added that you have.
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Even though there are still traces of recession in our economy, there are a lot of ways that people will earn money, one of which is telecommuting. Telecommuting is basically work at home jobs. This is the hype and will continue to improve as the years go by and technology improves and thus we should learn telecommuting jobs to serve as a back-up, if not full-time, job.
Business is a world that does not care about gender. Therefore, there is no difference for a woman or a man in entering this world. Most importantly, anyone who has the ability and willingness to succeed and willing to work in earnest. Then, he will succeed.
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I have to agree with other comments, anything that helps small businesses and start-ups in any way possible is fantastic. It was quite a while ago when I started my first business and I just wish there had been the opportunities there are now, then.
Also I’ve noticed far more women in business over the past few decades and that has nothing to do with people forcing equality legislation and quotas, but simply because women have always been fantastic business people and now people are truly starting to realise that.
Not all women knows that they need to educate themselves everyday on new ways to sale and market. So far more women are bring home the income and I am one of them. Thanks for your article it was informative.
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As a male entrepreneur, I’m all for females kicking butt too. I’m trying to get my fiance to fire her boss and start an online business like I have
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Me too… Sometimes, women always on the top… If they want to do a business, they will make it seriuslly!
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As a former independent contractor, I can tell you getting government grants are extremely difficult to receive, no matter what gender you are. I’ve also seen the positives and negatives of MBA grads who apply their recent education. Many of them cut corners anywhere they can to make razor thin margins a little thicker and stress out their employees with mundane tasks that get in the way of real work. I’ve also seen MBA grads who understand the importance of a comfortable workplace where employee morale is most important, making the entire office productive.
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Never underestimate woman power and women networking.. They are more better and more powerfull than us!
@_@
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Twitter: findsalestalent
I think it’s a sign of the times that there are more small businesses and thankfully more programs to help with the start ups.
And I might be biased
but I think women will rock no matter the field
Twitter: @bestofshayari1
I would say thank you very much it was such an highly motivation thing for girls and woman.i am just 23 years old and you really motivated me seriously for my career.thanks you mam.
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