Grants for Minority Owned Businesses

Last updated September 25, 2026

There are currently 212 open grants for minority owned businesses in Grantable's free grants database, drawn from foundation sources and updated daily. 124 list an award amount, with a median of $40K.

Open grants
212
from 164 funders
Median award
$40K
middle half $10K–$400K
Total listed funding
$84.0M
across 124 grants that list an amount
Rolling deadlines
25
1 with a published date

On this page: Foundation · Updated daily

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UArctic Entrepreneurship Fund

University of the Arctic Foundation · Foundation

October 31, 2026 · $2K – $5K

A seed grant program supporting individuals with Arctic innovations, created with private support from Michael Carey. Part of the UArctic Thematic Network on Managing Small and Medium Sized Enterprises in the North.

Together Fund (Local Business) – We Rise Together

The Chicago Community Trust · Foundation

Rolling · Varies

RFP: Together Fund (Local Business) – We Rise Together We Rise Together: For an Equitable & Just Recovery is a coalition of public and private funders and communities accelerating equity in the Chicago region’s economic recovery so…

Restaurant Accelerator and Community Fund Grant (2025)

Ace Foundation · Foundation

Rolling · $5K

This program empowers restaurateurs, including Asian American and Pacific Islander (AAPI), by combining $5,000 in financial grants with a four-part virtual accelerator program.

Equality Can't Wait Challenge

New Mexico Community Capital · Foundation

Rolling · $10M

An intense competition to identify the best ideas for helping to expand women's power and influence in the United States by 2030. Four organizations were selected as winners, each receiving $10 million awards.

MBDA Capital Readiness Program

Lehigh Valley Workforce Investment · Foundation

Rolling · $100M

PGE Foundation: Career Pathways Grant Program

PGE Foundation · Foundation

Rolling · $5K – $25K

The PGE Foundation's Career Pathways Grant Program aims to enhance economic mobility for Oregonians by providing support for programs that facilitate access to family-wage jobs and entrepreneurship.

AIMSE/Toigo Scholarship

Association of Investment Management · Foundation

Rolling · Varies

The Robert Toigo Foundation's work is about both the institution and the individual—building stronger, more diverse organizations through the inclusion and advancement of under-represented talent.

SPRINT Challenge (Scaling Pandemic Resilience Through Innovation and Technology)

New Mexico Community Capital · Foundation

Rolling · $200K – $750K

The SPRINT Challenge was launched to harness America's entrepreneurial potential to address the economic, health, and safety risks caused by the coronavirus pandemic through entrepreneurship and innovation.

SSBCI Technical Assistance Grant – Loan TA Program

Illinois Department of Commerce and Economic Opportunity (DCEO) · Foundation

Rolling · $700K

Illinois Department of Commerce and Economic Opportunity The mission of the Illinois Department of Commerce and Economic Opportunity (DCEO) is to create equitable economic opportunities across the State of Illinois.

Salute to Small Business Awards - Minority Business Award

Commerce Lexington Inc · Foundation

Rolling · Varies

Commerce Lexington Inc. has honored small business contributions to the economy since 1986. This is one of four award categories in the Salute to Small Business Awards program.

UBRC Program Grants

County of San Diego Black Chamber of · Foundation

Rolling · Varies

COVID-19 Small Business Recovery Loan

Lowcountry Alliance for Model Communitie · Foundation

Rolling · Varies

Combat the effects of COVID-19 on laborers and the business community in LAMC communities.

Evernorth Rural Ventures - New Markets Tax Credits (NMTC)

Evernorth Inc · Foundation

Rolling · $70M

Evernorth Rural Ventures invests in sustainable commercial development and job creation through New Markets Tax Credits (NMTC) allocations from the U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Fund.

GJDC Contractor Financing Program

Greater Jamaica Development Corporation · Foundation

Rolling · Varies

Contract-based financing for government-based contracts and purchase orders.

Amplifying Opportunity in Broome County

Amplify Equity Inc · Foundation

Rolling · $500M

A pilot initiative similar to the Tompkins County program.

Govenor's Industry Vocations Scholarship (NJ) Grant

New Jersey Higher Education Student Assistance Authority · Foundation

Rolling · Up to $2K

The Governor's Industry Vocations Scholarship (NJ-GIVS) supports women and minority students pursuing certificates or degrees in construction-related fields.

Washington APEX Accelerator (Business Accelerator Program)

Columbia River Economic Development · Foundation

Rolling · $500

A pilot hands-on catalyst program for new entrepreneurs and fast-growth businesses motivated to learn success strategies and grow their business network connections.

GK Fund Grant Support Program

Gk Fund Inc · Foundation

Rolling · $10K

Small Business & Job Creation Grant

Downtown Long Beach Alliance · Foundation

Rolling · Up to $5K

The DLBA awards grants to local entrepreneurs to help their small businesses get off the ground. Applicants can receive up to $2,500 in matching funds from the DLBA for a total award of up to $5,000.

Impact Now Grant

Philippine American Chamber Of · Foundation

Rolling · $500 – $8K

A one-time direct funding opportunity and technical assistance services to businesses throughout Oregon.

Promise Loan Program

Southwest Initiative Foundation · Foundation

Rolling · Varies

Thurston County Target Zone Business Startup Grant

Thurston County Economic Development Cou · Foundation

Rolling · $1M

The Thurston Strong Target Zone Startup Grant was launched as part of an economic response and recovery initiative to provide essential funding and resources to new small businesses in economically vulnerable areas.

Manufacturing Reinvented (Cook County)

Illinois Manufacturing Excellence Center · Foundation

Rolling · Up to $25K

Designed based on survey of over 1,000 suburban Cook County manufacturers and the "Urgent Needs of Manufacturers" report published in March 2021.

Philadelphia Growth, Resiliency, Independence, Tenacity Fund (PHL GRIT Fund)

Pennsylvania Cdfi Network · Foundation

Rolling · $100M

The PHL GRIT Fund is a $100 million program launched by the Greater Philadelphia Financial Services Leadership Coalition (GPFSLC), a coalition of approximately 30 financial institutions, the Federal Reserve Bank of Philadelphia…

Showing 1–24 of 212

Grants for minority owned businesses by the numbers

How deadlines work

Rolling or ongoing
25 12%
Upcoming date published
1 <1%
Stated cycle, no date yet
66 31%
No deadline published
120 57%

Only 1 of these grants publish a date, too few to show a seasonal pattern.

Funders with the most open grants for minority owned businesses

  1. United States Hispanic Chamber Of 6 open
  2. Maryland Department of Commerce 4 open
  3. Ace Foundation 3 open
  4. Amplify Equity Inc 3 open
  5. Center for Economic Inclusion 3 open
  6. Cornerstone West Community Dev Corp 3 open

164 funders have at least one open grant in this category.

Source: Grantable's grants database, compiled from funder websites, Grants.gov and state grant portals. Figures cover all 212 open grants for minority owned businesses (active, with a deadline today or later or none published) as of September 25, 2026, and refresh daily. Award amounts are each grant's listed maximum; 11 listed amounts over $10M are left out, since they're usually program-wide totals rather than single awards.

About 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.

Grants for Minority-Owned Businesses by state

Browse grants for minority-owned businesses available to organizations in 5 states.

Related grant categories

Frequently Asked Questions

How much money do grants for minority owned businesses award?

Of the 212 open grants for minority owned businesses Grantable lists as of September 25, 2026, 124 publish an award amount. The median listed award is $40K, and the middle half fall between $10K and $400K. The largest is $10M. Amounts are each grant's stated maximum, so a typical award can be smaller.

Which funders offer the most grants for minority owned businesses?

By number of open listings, the most active funders are United States Hispanic Chamber Of (6), Maryland Department of Commerce (4), Ace Foundation (3), Amplify Equity Inc (3), and Center for Economic Inclusion (3). In all, 164 funders have at least one open grant in this category.

When are grants for minority owned businesses due?

Of 212 open grants, 25 accept applications on a rolling basis, 1 have a published upcoming deadline, 66 run on a stated cycle (such as annual or quarterly) without a published date, and 120 don't publish a deadline, so check the funder's site.

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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