VOLT Fund (Video Lottery Terminal Fund) Program Type: Long-term loans for small, minority, women, and veteran-owned businesses Overview: The VOLT Fund is a state-wide business financing program…
Grants for Minority Owned Businesses
Last updated June 12, 2026
There are currently 213 active grants for minority-owned businesses in Grantable's free grants database, drawn from state and foundation sources and updated daily.
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.
What grants for minority-owned businesses are open right now?
WA State Small Business Resiliency Grant Funder: Washington State Overview: Grant program for small business resiliency. Geographic Scope: Washington State Contact for Local Assistance (AHANA Small…
DSLBD initiative to increase ease of doing business in District of Columbia. Supports active Certified Business Enterprises (CBE) based in Ward 8 that have completed Contract and Procurement training…
Washington APEX Accelerator (Business Accelerator Program) Geographic Scope: Clark County, Washington Overview: A pilot hands-on catalyst program for new entrepreneurs and fast-growth businesses…
Washington Federal Foundation: Community Impact Grants Status: ACTIVE Funder: Washington Federal Foundation Amount: US $5,000 - US $20,000 Last Updated: January 16, 2026 Summary The Washington…
Washington State Department of Commerce Lending Agency Grant Funder: Washington State Department of Commerce Award Amount: $1,390,000 (awarded to Fourth Plain Forward) Geographic Scope: Washington…
Washington State Organic & Sustainable Farming Fund Overview: Tilth Alliance administers grants providing critical financial assistance to farmers in Washington State supporting projects that enhance…
Wells Fargo Diverse Community Capital Program Status: Past initiative (2016-2020) Funder: Wells Fargo Program Name: Wells Fargo Works for Small Business: Diverse Community Capital (DCC) Overview:…
WEPOWER Capital Fund Status: Active investment fund launched August 2021 Geographic Scope: North St. Louis City (with regional focus) Focus Areas: - Black and Latinx entrepreneur support - Community…
West Side Corridor Revitalization Fund Funder: Cornerstone West CDC and True Access Capital, with City of Wilmington ARPA funding Status: Active as part of "Building From Within" program Geographic…
West Side Innovation Fund Funder: City of Wilmington via American Rescue Plan Act (ARPA) funds, administered by Cornerstone West CDC with partners True Access Capital and Wilmington Alliance Status:…
Wilmington Strong Fund Funder: Partnership between West Side Grows Together, Wilmington Alliance, with support from Comenity Bank, Barclays US Consumer Bank, Mayor's Office of Economic Development,…
Women and Minorities in Construction Trades Program Grant Status: ACTIVE Funder: New Jersey Department of Labor and Workforce Development Amount: Up to US $15,000 Last Updated: January 26, 2026…
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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