Agency / Department: Women’s Foundation of Arkansas
Resource: Grants for Women Owned Small Businesses
Details: The Women’s Foundation of Arkansas has established Women Owned, a fund to provide assistance to women owned small businesses experiencing hardship due to COVID-19. Women, particularly minority women, have faced historical disadvantages to accessing the capital necessary for a business to thrive and in the face of unprecedented disruption to revenue streams and business models, WFA is prepared to champion these businesses in the form of $5,000 grants. The fund currently holds $50,000 with an initial investment from WFA’s own grant pool and funding from the Winthrop Rockefeller Foundation. WFA’s goal is for the fund to reach $100,000, which would provide assistance to 20 women owned small businesses throughout the state.