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Maximizing the Benefits of Grants
The benefits of securing a grant extend beyond financial assistance. They often come with mentorship opportunities, networking events, and access to exclusive resources that can significantly enhance a woman's career trajectory. For example, the Cartier Women's Initiative Awards offer not only funding but also personalized business coaching and media visibility to female entrepreneurs3.
Moreover, grants can lead to increased earning potential. According to a study by the Georgetown University Center on Education and the Workforce, women with a bachelor's degree earn significantly more than those with only a high school diploma4. By leveraging grants to attain higher education or specialized skills, women can position themselves for higher-paying roles and leadership positions.