Female entrepreneurs hoping to start or expand a business in Rochester, New York have several funding options. Grants can be difficult to obtain, often have strict spending requirements and limited application deadlines, but offer capital that does not need to be repaid. Special loan programs are also available to women entrepreneurs.
Local Grants
The Women's Foundation of Genesee Valley offers grants to a variety of causes that support women and girls in the greater Rochester area. Grants are only available to nonprofit organizations, but they do allow groups or individuals to partner with a nonprofit organization for appropriate projects.
New Opportunities
The Rochester Women's Network offers networking opportunities for professional women in Rochester and the surrounding area. Members learn about new programs and services of interest to women in business in Rochester, including any new funding opportunities that become available.
Microloans
Women-owned businesses in New York may be eligible for microloans through the Community Development Financial Institution Assistance Program. These are smaller loans available even to those who do not qualify for traditional bank loans.
Tags: business Rochester, Rochester York
