As mentioned above, a significant number of all the US grants are government grants for women. Why? This is because the government supports the bid for gender equality, thus they provide government grants for women to support them. For the longest time, women have been fighting a continuing struggle for gender equality in the society. Yes, they have made good progress, but many women are still relegated to lower paying posts, and some are even prejudiced in the workplace. According to US government statistics, 75% of all the women in the US earn less income than men counterparts, whenever fulfilling the same profession or trade. Government grants for women are created and designed to aid in the lessening of this inequality by giving women more opportunities through government financing.
Government grants for women are provided for a variety of reasons. Some of them are to:
- Subsidize family or personal need
- Subsidize a household with low income
- Expand and improve a business
- Start a new venture or business
- Pursue furthers studies in higher education or college
During these times, more and more women are receiving government grants and establishing their own companies. Most of them are becoming influential and powerful forces in their respective industries. According to recent statistics, women comprise almost half of the total population of business starters for every year. Moreover, the statistics show that the businesses started by women are more likely to grow and succeed than those businesses started by men. If the only thing that is stopping a woman from starting a woman from beginning a business venture is lack of capital, well, her money problem could be resolved through government grants.
Some of the government grants for women who intend to setup a new business are The Amber Grant and The Women's Financial Fund. Meanwhile, some of the grants which provide financial help to women pursuing higher education are the AAUW or The American Association of University Women, and The Barry Goldwater Scholarship Grant.