These days the fastest growing group of business owners is women who use their entrepreneur spirits, leadership and creativity to start businesses. According Luz Robles, director of the Zions Business Resource Centerto the Center for Women's Business Research, in 2006, 7.7 million firms were either woman-owned or women held the majority share. Women account for 29.7 percent of all businesses in the U.S., a 42.3 percent increase since 1997. Women are having a direct impact in our national and state economy.

Zions Bank is committed to working with women to make their dreams a reality by offering a series of micro-grants for women. The 2008 Zions Bank Smart Women Grant enables deserving women with hopes of starting a community-oriented business or project to have access to funding to make this a reality.

Grants are open to female residents in both Utah and Idaho and are awarded in six different areas including small business start-up and expansion; child and elder care; community development; continuing education and teacher support; health and human services; and arts and culture. Community review panels will select the grant recipients.

Applications are available online at www.smartwomen.zionsbank.com and are due by July 31, 2008.