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Her-Rise Microgrant provides financial assistance to women of color owned businesses. Each month, $500 is given to a business owner as funding for their small business. This grant can be used for equipment, marketing, software, website work, and more!
The Yva Jourdan Foundation, Inc. in partnership with HerSuiteSpot has provided microgrants to Women of Color entrepreneurs since 2017 as a way to assist them in starting or growing a business.
The HerRise MicroGrant provides financial assistance, with the help of our corporate sponsors and donors, to Women of Color creating innovative solutions that impact their community and that are often unable to secure funding for their small business.
Small business grants are useful for financing a particular small business need. Past recipients used their growth grants for computers, equipment, marketing materials, software purchase, website creation and more.
Women of Color are the fastest growing group of entrepreneurs. Yet, we face the greatest obstacles when scaling our businesses. The Yva Jourdan Foundation, the nonprofit arm of HerSuiteSpot, raises money to help Women of Color entrepreneurs gain access to the coaching, community and capital they need to take their businesses to the next level.
What's the process?
Every month our committee selects a winner from submitted applications. Apply by 11:59pm on the last day of the month to be eligible for that month. Winners will be revealed at the next month’s HerSuiteSpot First Friday Mixer. You do not have to be present to be selected.
Who should apply?
The HerRise MicroGrants, offering $1,000 each, are open to women of color entrepreneurs across diverse fields. Your business must be
- 51% owned by women of color
- Currently registered in the US
- Less than $1 million in gross revenue
To apply visit https://www.hersuitespot.com/herrise/
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