Accessing Agricultural Funding in Wisconsin's Rural Areas
GrantID: 76208
Grant Funding Amount Low: $500
Deadline: Ongoing
Grant Amount High: $500
Summary
Grant Overview
Addressing Financial Barriers for Women Entrepreneurs in Wisconsin
In Wisconsin, women of African and Caribbean descent face significant barriers in accessing financial resources for their entrepreneurial endeavors, particularly in the agricultural sector. According to a report by the USDA, women own approximately 14% of farms in Wisconsin, but only a quarter of these women report having access to capital for investment. This represents a serious financial barrier that limits their ability to grow sustainable agricultural enterprises. Adding to this issue, the state's agricultural landscape is characterized by an overwhelmingly male-dominated industry, which further complicates access to traditional funding avenues for female entrepreneurs.
This funding opportunity specifically targets those women striving to overcome these daunting challenges. Local entrepreneurs, nonprofit founders, and community leaders are all potential beneficiaries of this program. Notably, many women within Wisconsin’s agricultural communities are seeking financial assistance to enhance their farming capabilities and secure agricultural resources necessary for success. Moreover, urban women seeking to bridge into agriculture or agribusiness often find themselves without adequate support structures, positioning this grant as a vital resource.
By providing micro-grants of approximately $500 each, this funding initiative seeks to equip these women with the necessary tools and resources. These grants can be utilized for several critical needs, such as purchasing seeds, acquiring equipment, and participating in educational workshops. In a state where 90% of its farms are family-owned, empowering women in agriculture not only boosts individual economic potential but also fosters broader agricultural productivity in the community.
Furthermore, the program encourages partnerships between grant recipients and local agricultural organizations. This collaboration facilitates workforce training and mentorship opportunities that are crucial for informed agricultural practices. By addressing funding limitations and advancing education, this initiative leads to increased crop yields and economic independence, ultimately supporting Wisconsin's position as a leading agricultural hub.
In summary, this micro-grant program serves as an essential bridge for women of African and Caribbean descent in Wisconsin, enabling them to not only pursue their entrepreneurial dreams but also to revitalize Wisconsin’s agricultural sector. It directly targets the financial disparities faced by this demographic while reinforcing the state’s agricultural landscape by fostering diversity and innovation.
Eligible Regions
Interests
Eligible Requirements