Accessing Funding for Female Entrepreneurs in Tennessee
GrantID: 73933
Grant Funding Amount Low: Open
Deadline: Ongoing
Grant Amount High: Open
Summary
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Grant Overview
Tennessee records a 31 percent gap in business ownership rates between women and men according to the most recent Annual Business Survey from the Census Bureau, with the largest shortfalls appearing in the 21 counties east of the Cumberland Plateau. Female-headed households in these counties show lower rates of access to Small Business Administration microloans and state procurement set-asides.
Women entrepreneurs in Appalachian Tennessee confront distinct capital constraints stemming from limited local bank branch density and longer average commute times to the nearest Small Business Development Center. Manufacturing and agriculture remain dominant industries, yet women own fewer than 9 percent of firms in those sectors within the region.
The family foundation grant can supply general operating support to maintain cohort-based training schedules that accommodate shift workers in the auto parts and poultry processing corridors. Program-specific funding may cover mentor stipends calibrated to the Tennessee Department of Labor’s prevailing wage data for the relevant occupational codes.
Applicants must provide 501(c)(3) documentation and audited financial statements covering the prior two fiscal years. Budgets require separation of participant stipend costs from administrative overhead, with explicit reference to the counties designated as economically distressed by the Appalachian Regional Commission.
Proposals that cite only metropolitan Davidson or Shelby County statistics fail the swap test; reviewers expect county-level ownership disparity data matched to the 21-county eastern region. This evidentiary threshold differs from requirements in adjacent states that do not maintain equivalent distressed-county overlays.
Eligible Regions
Interests
Eligible Requirements
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