Grants for Minority-Owned Businesses in Maryland
Last updated September 30, 2026
There are 7 active grants for minority-owned businesses tagged to Maryland, part of 211 active grants for minority-owned businesses listed nationwide. Updated daily.
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| ★ | Grant |
|---|---|
| Maryland State Small Business Credit Initiative (SSBCI) Maryland Department of Housing and Community Development · State Rolling · Varies Maryland's State Small Business Credit Initiative (SSBCI) funds in partnership with the Maryland Department of Commerce and the Maryland Technology Development Corporation. Federal Funds will be used to support small businesses. | |
| Governor's Office of Small, Minority & Women Business Affairs Governor's Office of Small, Minority & Women Business Affairs · State Rolling · Varies A unit of the Executive Department, the Governor's Office of Small, Minority & Women Business Affairs connects members of the small, minority, women, and veteran vendor communities to greater economic opportunities. | |
| Linked Deposit Maryland Department of Housing and Community Development · State Rolling · Varies The MARYLAND LINKED DEPOSIT PROGRAM is a statewide initiative designed to stimulate opportunities for certified Minority Business Enterprises (MBEs) and Small Businesses by reducing the interest rate on loans they obtain from participating… | |
| Minority Business Enterprise (MBE) Program Governor's Office of Small, Minority & Women Business Affairs · State Rolling · Varies Procurement program for small minority and women-owned firms to perform on state-funded contracts. | |
| Maryland Small Business Development Financing Authority (MSBDFA) Maryland Department of Commerce · State Rolling · Varies MSBDFA promotes the expansion of businesses owned by economically and socially disadvantaged entrepreneurs that do not meet established credit criteria of financial institutions and are unable to obtain adequate business financing on… | |
| Small, Minority and Women-Owned Business Account - Video Lottery Terminal Fund (VLT) Maryland Department of Commerce · State Rolling · Varies VLT fund uses proceeds from Maryland’s casinos to assist small, minority, and women-owned businesses. | |
| Small, Minority-Owned Business Sports Wagering Assistance Fund (SWAF) Maryland Department of Commerce · State Rolling · Varies The goal of the Small, Minority-Owned, Women-Owned Business Sports Wagering Assistance Fund (SWAF) is to maximize the opportunity for small businesses to participate in the sports wagering industry. |
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About grants for minority-owned businesses in Maryland
Grants for minority-owned businesses help close the wealth gap and increase representation in entrepreneurship. Federal programs through the Minority Business Development Agency (MBDA), SBA, and Commerce Department, along with foundations and corporate programs, provide funding specifically for BIPOC entrepreneurs and diverse business owners.
Grants for Minority-Owned Businesses in other states
Other grant categories in Maryland
Frequently Asked Questions
What federal programs support minority-owned businesses?
The Minority Business Development Agency (MBDA) provides grants and business development services. The SBA offers the 8(a) Business Development program for disadvantaged small businesses. The Commerce Department, USDA, and DOT all have programs targeting minority-owned enterprises. Many federal contracts include set-asides for minority-owned businesses.
Are there grants specifically for Black-owned businesses?
Yes. Beyond general minority business grants, specific programs target Black entrepreneurs — including the NAACP Powershift Entrepreneur Program, Hello Alice grants, the Black Founder Startup Grant, Backstage Capital, and various corporate initiatives from companies like Google, Target, and JPMorgan Chase.
How do I prove minority-owned business status for grants?
Most grants require self-certification or third-party certification. The SBA 8(a) program has its own certification process. The National Minority Supplier Development Council (NMSDC) offers widely recognized MBE certification. State and local agencies also have certification programs that can strengthen your applications.
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