Neil Muldrow Business Development Fund Status: Currently unfunded and paused as of December 2025. CBP is actively working to secure additional resources. Overview: The Neil Muldrow Business…
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.
Overview New Commonwealth Fund We seek to dismantle the systems of racism across the Commonwealth that have blocked Black, Latino, and Indigenous people, communities, and businesses from fully…
No-Interest Loan Program Overview: Structured, 0% interest financing options for Detroit-based businesses. Description: The No-Interest Loan Program provides no-interest financing to Detroit-based…
North Star Black Cooperative Fellowship Grant Status: ACTIVE Funder: Nexus Community Partners Amount: US $1,000 Last Updated: August 08, 2025 Summary The North Star Black Cooperative Fellowship aims…
Overview Northside Real Estate Developer Grants Phillips Foundation to award grants to Black real estate developers in North Minneapolis The Northside Commercial Real Estate Advisory Committee of the…
Opportunity Fund Grants Status: ACTIVE Funder: Opportunity Foundation Amount: US $7,500 - US $20,000 Last Updated: February 16, 2026 Summary The Opportunity Fund Grants support small to midsize arts…
Philadelphia Growth, Resiliency, Independence, Tenacity Fund (PHL GRIT Fund) Status: Active (launched February 2022) Geographic Scope: Philadelphia region and Greater Philadelphia Focus Areas: -…
POISE Community Impact Grants Status: ACTIVE Funder: Poise Foundation Amount: US $1,000 - US $5,000 Last Updated: March 07, 2026 Summary The POISE Community Impact Grants, offered by the Poise…
Rappahannock Industrial Academy Alumni Association Scholarship Grant Status: ACTIVE Funder: The Community Foundation for a Greater Richmond Amount: US $1,500 Last Updated: January 26, 2026 Summary…
RISE Program Program Type: 14-week Entrepreneurial Training Program Purpose: Ensure emerging businesses have foundational knowledge and resources to start successfully, with focus on business…
Robert B. Taylor Fund Grant Status: ACTIVE Funder: San Antonio Area Foundation Last Updated: September 03, 2025 Summary The Robert B. Taylor Fund, managed by the San Antonio Area Foundation, supports…
Sam Smith 'Hi Neighbor' Homeownership Fund Funder: HomeSight, Windermere Real Estate, U.S. Bank, Key Bank, JP Morgan Chase, and National Association of Real Estate Brokers (NAREB) Status: Active…
Samuel Shepherd Civil Rights Scholarship Grant Status: ACTIVE Funder: Educational Foundation of Lake County Last Updated: December 22, 2025 Summary The Samuel Shepherd Civil Rights Scholarship,…
San Antonio Area African American Community Fund Grant Status: ACTIVE Funder: San Antonio Area Foundation Amount: Up to US $50,000 Last Updated: December 14, 2025 Summary The San Antonio Area African…
SBIR/STTR Matching Fund Overview: A strategic initiative developed and administered by LaunchTN to advance the commercialization of technology innovation and job creation across Tennessee. The…
School Bus Road Scholarship Grant Status: ACTIVE Funder: The Community Foundation for a Greater Richmond Amount: US $2,000 Last Updated: January 26, 2026 Summary Overview Our Story Established over…
Seeding Grants Status: Pilot program completed in 2022 Purpose: Provide unrestricted, one-year investments to BIPOC-led organizations, representing a shift toward more equitable funding practices in…
Shyaam Bachman Memorial Scholarship Fund Grant Status: ACTIVE Funder: Greater Hartford Gives Foundation Amount: US $1,500 - US $2,000 Last Updated: November 25, 2025 Summary The Shyaam Bachman…
Sisternomics Empowerment Grant Funder: National Coalition of 100 Black Women, Inc. — Metropolitan Washington D.C. Chapter (NCBWDC) Overview: The Sisternomics Empowerment Grant is an economic…
Small Business Investment Grant (RFP #23-02) Funder: Washington State Department of Commerce • Community Reinvestment Project Status: Award period closed (40 grants awarded as of October 1, 2024)…
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.
Ready to apply for these grants?
- Assess your eligibility for this grant
- Draft a tailored application narrative
- Track the deadline and get reminders
- Find similar grants from other funders