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 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: Foundation · Updated daily

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

Pennsylvania CDFI Network · Foundation

Not published · $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…

Small Business Investment Grant (RFP #23-02)

Workforce Development Council Seattle-Ki · Foundation

Not published · Up to $15K

UNFI Foundation Annual Grant Program

UNFI Foundation · Foundation

Not published · Varies

The Foundation partners with nonprofits supporting initiatives that create a more sustainable and equitable food system:

Opportunities For All (OFA) - Business Assistance Funds Program

Greater Sarasota Chamber of Commerce Foundation Inc · Foundation

Not published · $100K

The Business Assistance Funds Program is designed to assist culturally diverse small business owners and non-profit organizations with resources that will help local businesses grow and thrive.

Reimagine Oregon Economic Opportunity Investment Fund Grant - Anchor Projects

Prosper Portland · Foundation

Not published · $50K – $700K

The Reimagine Oregon Economic Opportunity Investment Fund Grant focuses on supporting economic and business development for communities disproportionately affected by cannabis prohibition.

Equal Opportunity in the Construction Trades Grant Program

American Jobs Now · Foundation

Not published · $10K – $90K

A grant program aimed at providing opportunities for women and minority workers and small business owners in the public construction industry.

Supplier Readiness Bootcamp

United States Hispanic Chamber of Commerce · Foundation

Not published · Varies

A virtual bootcamp training series designed to support minority entrepreneurs in navigating the procurement and contracting process.

GJDC Airport Concessions Loan Program

Greater Jamaica Development Corporation · Foundation

Not published · Up to $5M

Loans for ACDBE (Airport Concessions Disadvantaged Business Enterprise) certified businesses pursuing or currently holding concession opportunities at JFK or LGA airports.

Small Business Enhancement Grant

The Rosewood Initiative · Foundation

Rolling · Up to $30K

The Rosewood Initiative is especially interested in permanent improvements such as: Applicants must meet ALL of the following criteria:

HEDCO-SAMA Forgivable Loan Program with SHEBA Partnership

Hedco Inc · Foundation

Not published · Up to $50K

Financial assistance and recovery resources for minority-owned and women-owned small businesses

Kenneth King Foundation: Job Creation & Entrepreneurship Grant

Kenneth Kendal King Foundation · Foundation

Not published · $5K – $20K

The Kenneth King Foundation's Job Creation & Entrepreneurship Grant focuses on enhancing Coloradoans' earning potential and quality of life by funding programs that create jobs with living wages and support entrepreneurship.

Business Boost Grant Program

Downtown Asheboro Inc · Foundation

Not published · Up to $3K

Provide grant funding for businesses to implement innovative ideas or enhance their current operations, boosting success.

New Jersey Manufacturing Voucher Program (NJMVP)

New Jersey Manufacturing Extension Program Incorporated · Foundation

Rolling · Up to $250K

State-funded grant program providing equipment vouchers to New Jersey manufacturers to help offset the cost of purchasing and installing new or used advanced manufacturing equipment.

Opalene Climate Capital (Venture Capital Fund)

VertueLab · Foundation

Not published · Varies

Opalene Climate Capital is a unique, impact-oriented venture capital fund launched by VertueLab that doubles private investment with state-matched dollars to accelerate equitable climate tech innovation.

Economic Mobility Grants

The Minneapolis Foundation · Foundation

Not published · US $50,000 - US $100,000

Entrepreneurship Grants

Latino Community Fund Inc · Foundation

Not published · $500 – $1K

To provide funding to micro-entrepreneurs to grow their businesses. For more information, visit lcfgeorgia.org or contact Latino Community Fund Georgia.

Minority Business Enterprise Micro-Loan Program

Southern Ms Planning & Development District Inc · Foundation

Rolling · $2K – $35K

SMPDD provides smaller-scale financing for minority-owned businesses needing micro-loans to start or expand operations.

Beyond Open Grants: Make Bold Moves

Foundation for the Carolinas · Foundation

Not published · $10K – $150K

The Beyond Open Grants program aims to enhance economic mobility in Charlotte by providing financial support to diverse-owned small businesses, including those owned by minorities, women, veterans, LGBTQ individuals, and persons with…

Impact100 Essex- Equity Grants

Impact100 Essex · Foundation

Not published · $10K – $15K

The Impact100 Essex Equity Grants provide unrestricted funding to support BIPOC-led nonprofits in Essex County, NJ.

Equity Fund

Philanthrofund Foundation Inc · Foundation

Not published · $5K

ACE Loan Program (Accelerating Community Excellence Loan Program)

Latino Economic Development Corporation · Foundation

Not published · Varies

The Montgomery County Economic Development Corporation's (MCEDC) Accelerating Community Excellence (ACE) Loan Program serves small businesses in the region.

Brooklyn Alliance Capital, Inc. - Micro-Loans

Brooklyn Alliance Capital Inc · Foundation

Rolling · $500 – $25K

Brooklyn Alliance Capital, Inc. is a federally certified Community Development Financial Institution (CDFI) providing financing to under-served minority and immigrant entrepreneurs and low-income small business owners to increase financial…

Flagstar Bank's Black, Indigenous, and People of Color (BIPOC) Grant

Indiana Black Expo Inc · Foundation

Not published · $5K – $175K

This grant program provides working capital grants to small businesses and entrepreneurs who are Black, Indigenous, or People of Color (BIPOC) in Flagstar Bank's market areas. The program distributed $175,000 via thirty-five $5,000 grants.

Designer Fellowship Program and Funding for BIPOC Brands

RaiseFashion Inc · Foundation

Not published · Varies

Showing 25–48 of 210

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.

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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