2026 Scholarship Program Organization: The Executive Leadership Foundation (ELF), the charitable arm of The Executive Leadership Council (ELC) Focus: Educational scholarships for university students…
Grants for Minority Owned Businesses
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.
45Camp Accelerator Overview: 45Camp is an accelerator program created in collaboration with Tabor 100 and Prosper Portland that serves Black, Indigenous, and People of Color (BIPOC) entrepreneurs in…
Overview Access to Local Foods Grants Arkansas Community Foundation is seeking proposals for projects that will increase Arkansans’ access to locally grown and produced foods and/or strengthen the…
ACE Loan Program (Accelerating Community Excellence) Program Type: Small business loan program Overview: The Montgomery County Economic Development Corporation's (MCEDC) Accelerating Community…
ACER INC. Grant Organization: African Career Education & Resources in Minnesota Purpose: Essential funding to help local entrepreneurs scale their operations, modernize equipment, and improve their…
Agricultural Reinvestment Fund Overview: A competitive grant program providing cost-share grants to farmer-led projects in North Carolina. Originally called the Tobacco Communities Reinvestment Fund…
AIMSE/Toigo Scholarship Funder: Association of Investment Management Sales Executives (AIMSE) in partnership with The Robert Toigo Foundation Mission: AIMSE is proud to partner with The Robert Toigo…
ALX B2B Business Association Grant Program Status: Announced October 2022; funding awarded to eight organizations Geographic Scope: City of Alexandria, Virginia Overview: The Alexandria Economic…
Amplifying Opportunity in Broome County Geographic Scope: Broome County, NY Target Audience: Underserved entrepreneurs Program Description: A pilot initiative similar to the Tompkins County program.…
Amplifying Opportunity in Our Community Geographic Scope: Tompkins County, NY Target Audience: Women of color entrepreneurs Program Description: This pilot initiative expands Amplify Equity's…
Arsht-Cannon Fund Geographic Scope: Delaware statewide Focus Areas: - Language learning and family literacy - Youth and arts programs - Leadership development - Hispanic small business support -…
B:Side Credit Builder Program Overview: A lending program designed for entrepreneurs who need access to capital while working on improving their credit standing. Award Amount: $10,000 in working…
Bank of Marin- Annual Grant Program Status: ACTIVE Funder: Bank of Marin Last Updated: September 08, 2025 Summary The Bank of Marin's Annual Grant Program focuses on enhancing community welfare…
Beyond Open Grants: Make Bold Moves Status: ACTIVE Funder: Foundation for the Carolinas Amount: US $10,000 - US $150,000 Last Updated: July 26, 2025 Summary The Beyond Open Grants program aims to…
Black Economic Alliance Entrepreneurs Fund Status: Active, launched May 2021 Amount: $50 million evergreen investment fund Geographic Scope: Nationwide (all interested and eligible Black…
Brooklyn Alliance Capital, Inc. Micro-Loans Overview: Brooklyn Alliance Capital, Inc. is a federally certified Community Development Financial Institution (CDFI) providing financing to under-served…
Brooklyn Alliance Capital, Inc. Micro-Loans Overview: Financing program for under-served minority and immigrant entrepreneurs and low-income small business owners to increase financial stability and…
BUILD Scholarship Program Organization: RADIAN PlaceMatters Inc Status: In Progress (as of 2022) Geographic Scope: Denver, Colorado Overview: In response to the 2020 Nonprofit Anti-Displacement…
Building Opportunities for Lasting Development (BOLD) Grant Program Status: ACTIVE Funder: The City of Birmingham Amount: US $50,000 - US $150,000 Last Updated: July 11, 2025 Summary The Building…
Business Boost Grant Program Organization: Downtown Asheboro Inc. Geographic Scope: Downtown Asheboro Historic District (physical storefront location required) Program Vision: Foster a downtown…
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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