Grants for Black Owned Businesses
Last updated August 13, 2026
There are currently 100 active grants for black-owned businesses in Grantable's free grants database, drawn from state and foundation sources and updated daily.
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About grants for black-owned businesses
Grants for Black-owned businesses address persistent funding gaps in Black entrepreneurship. From federal programs to corporate initiatives and foundation grants, a growing number of funders specifically support Black business owners — including dedicated programs for Black women founders — with non-dilutive capital, technical assistance, and growth funding.
Frequently Asked Questions
Where can I find grants specifically for Black entrepreneurs?
Key sources include the SBA's 8(a) program, the Minority Business Development Agency, and programs like Hello Alice, Founders First Capital Partners, and the Fearless Fund. Corporate programs from Google for Startups, Target's Forward Founders, JPMorgan Chase's Advancing Black Pathways, and PayPal's Empowerment Grant also specifically target Black entrepreneurs.
Are there grants specifically for Black women business owners?
Yes. Several funders run programs exclusively for Black women entrepreneurs, including the Fearless Fund, Black Girl Ventures, the SoGal Black Founder Startup Grant, and Hello Alice partnerships. These programs recognize that Black women founders face compounded barriers to capital and provide grants ranging from a few thousand dollars to six-figure awards alongside mentorship and community.
How much funding is available for Black-owned businesses?
Amounts range widely. Micro-grants of $1,000-$10,000 are common from programs like the Amber Grant and National Black MBA Association. Mid-range grants of $10,000-$100,000 come from the Fearless Fund and corporate programs. Larger SBA and MBDA programs can provide significantly more in combination with technical assistance and mentoring.
Do Black-owned business grants require a business plan?
Most competitive grants require at least a basic business plan or proposal. Some micro-grants and startup competitions have simpler applications. SBDC and SCORE offices provide free business plan assistance. Many grant programs for Black entrepreneurs include mentoring and technical assistance to help strengthen applications.
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