Grants for Minority Owned Businesses
Last updated October 15, 2026
Grantable tracks 210 active grants for minority owned businesses in its free grants database, drawn from state and foundation sources and updated daily. 5 of them have a verified open deadline or accept applications on a rolling basis. 121 list an award amount, with a median of $40K.
- Grants tracked
- 210
- from 163 funders
- Median award
- $40K
- middle half $10K–$350K
- Total listed funding
- $82.6M
- across 121 grants that list an amount
- Rolling deadlines
- 24
- 3 with a published date
On this page: State Foundation · Updated daily
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| ★ | Grant |
|---|---|
| UArctic Entrepreneurship Fund University of the Arctic Foundation · Foundation ~October · $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. | |
| Cannabis Equity Grants Program for Local Jurisdictions Governor's Office of Business and Economic Development · State Dec 1, 2026 · Varies The purpose of the Cannabis Equity Grants Program for Local Jurisdictions is to advance economic justice for populations and communities impacted by cannabis prohibition and the War on Drugs by providing support to local jurisdictions as… | |
| Latino Impact Fund Grant The Cleveland Foundation · Foundation ~August · $10K – $25K The Latino Impact Fund Grant, launched in September 2025 with a $3 million endowment at the Cleveland Foundation, aims to empower the Latino community in Greater Cleveland. | |
| Together Fund (Local Business) – We Rise Together The Chicago Community Trust · Foundation Not published · 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 Not published · $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 Not published · $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 Board Inc · Foundation Not published · $100M | |
| PGE Foundation: Career Pathways Grant Program PGE Foundation · Foundation Not published · $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 Not published · 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 Not published · $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 Not published · $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 Not published · 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 Commerce Education Foundation · Foundation Not published · Varies | |
| COVID-19 Small Business Recovery Loan Lowcountry Alliance for Model Communitie · Foundation Not published · 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 Not published · $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 Not published · Varies Contract-based financing for government-based contracts and purchase orders. | |
| Amplifying Opportunity in Broome County Amplify Equity Inc · Foundation Not published · $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 Not published · 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 Council · Foundation Not published · $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 Not published · $10K | |
| Small Business & Job Creation Grant Downtown Long Beach Alliance · Foundation Not published · 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 Commerce of Oregon · Foundation Not published · $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 | |
| Manufacturing Reinvented (Cook County) Illinois Manufacturing Excellence Center · Foundation Not published · 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. |
Showing 1–24 of 210
Grants for minority owned businesses by the numbers
How deadlines work
- Rolling or ongoing
- 24 11%
- Upcoming date published
- 3 1%
- Stated cycle, no date yet
- 67 32%
- No deadline published
- 116 55%
Only 3 of these grants publish a date, too few to show a seasonal pattern.
Funders with the most active grants for minority owned businesses
- United States Hispanic Chamber of Commerce 6 active
- Ace Foundation 3 active
- Amplify Equity Inc 3 active
- Center for Economic Inclusion 3 active
- Delaware Department of Natural Resources and Environmental Control (DNREC) 3 active
- Illinois Department of Commerce and Economic Opportunity (DCEO) 3 active
163 funders have at least one active grant in this category.
Source: Grantable's grants database, compiled from funder websites, Grants.gov and state grant portals. Figures cover all 210 active grants for minority owned businesses (with a deadline today or later, or none published) as of October 15, 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 210 grants for minority owned businesses Grantable lists as of October 15, 2026, 121 publish an award amount. The median listed award is $40K, and the middle half fall between $10K and $350K. 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 active listings, the leading funders are United States Hispanic Chamber of Commerce (6), Ace Foundation (3), Amplify Equity Inc (3), Center for Economic Inclusion (3), and Delaware Department of Natural Resources and Environmental Control (DNREC) (3). In all, 163 funders have at least one active grant in this category.
When are grants for minority owned businesses due?
Of 210 grants listed, 24 accept applications on a rolling basis, 3 have a published upcoming deadline, 67 run on a stated cycle (such as annual or quarterly) without a published date, and 116 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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