“When I first launched my company, I worked full-time and took temp jobs until I had anemergencyfund andsavingsto run the business. It was challenging, but mydreamof being a businessownerkept me motivated.”
Exploring Funding Options
Bobb advises exploring various funding options beyond traditional bank loans. She encourages applying for grants, highlighting the increase in grant opportunities for Black entrepreneurs.
“Someone has towinthe grant, so why not you?” she says.
Bobb’s grant application process, which has secured funding from the
Titans and American Express’s “100 for 100” program, includes being clear about the purpose of the grant, conducting extensive research to find suitable grants, and creating a detailed grant funding budget.
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