It’s not just about individual women tonight.

The Gloria Awards are also honoring Citigroup Inc. for their support, money mainly, of the Collaborative Fund for Women’s Economic Development. It’s a donor partnership between the Ms. Foundation, that created it, and corporate, private and family foundations, says Yma Gorndon, the program officer for economic development at the Ms. Foundation. The fund is pooling resources to fund women entrepreneurs and business owners that are primarily low income. It helps them start businesses and gives them money to built those firms.

Citigroup have provided over $500,000 in support since mid 1990s, and they’ve participated in decision making of where the grants will go…the money mainly goes to organizations that provide training and general help to women entrepreneurs.

If you’ve got a buisness idea but no cash, check out ..the Association for Enterprise Opportunity..www.microenterpriseworks.org.