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.

207 grants
Foundation
Updated daily
SOUTH CENTRAL WORKFORCE DEVELOPMENT COUNCIL · Rolling / Open · One-time Foundation

Community Reinvestment Plan (CRP) Small Business Grant Status: Currently CLOSED Geographic Scope: South Central Washington (Kittitas, Klickitat, Skamania, and Yakima counties) Focus Areas: -…

Up to $250,000 (standard); Up to $500,000 (NYC partnership program)
BOC CAPITAL CORP · Rolling / Open · Rolling (Quarterly) Foundation

Contract Financing Loan Fund Funder: BOC Capital Corp (Brooklyn, NY) Status: Active Geographic Scope: Primarily New York City; partnership with NYC Department of Small Business Services for enhanced…

LOWCOUNTRY ALLIANCE FOR MODEL COMMUNITIE · Rolling / Open Foundation

COVID-19 Small Business Recovery Loan Organization: Lowcountry Alliance for Model Communities (LAMC) in partnership with Charleston LDC Program Type: Low-interest loans (not a traditional grant)…

KINDRED FUTURES INC · Rolling / Open · One-time Foundation

COVID-19 Small Business Relief Fund Status: Launched in response to COVID-19 crisis (March 2020) Geographic Scope: Southwest, Southeast, and Northwest Atlanta, Georgia Focus Areas: - Support for…

UNITED NEGRO COLLEGE FUND INC · Rolling / Open Foundation

Cox Enterprises Scholarship Program Grant Status: ACTIVE Funder: United Negro College Fund Inc Amount: Up to US $5,000 Last Updated: March 12, 2026 Summary Overview Cox Enterprises Scholarship…

THE FOUNDATION FOR ENHANCING COMMUNITIES · Rolling / Open Foundation

Overview _Note: 55% of the funds available for distribution in this program will be reserved for black, indigenous, or persons of color (BIPOC), or individuals whose income falls below the Federal…

BERKS ARTS COUNCIL · Rolling / Open · Rolling (Quarterly) Foundation

Creative Entrepreneur Accelerator Program (CEAP) Funder: PA Council on the Arts (statewide program) Geographic Scope: Pennsylvania (Berks, Schuylkill, and Lancaster Counties served by regional…

Grants to help scale businesses (specific amount not stated)
RaiseFashion Inc · Rolling / Open Foundation

Designer Fellowship Program and Funding for BIPOC Brands and Designers Status: Active program announced in 2022; current status and application timeline unknown Geographic Scope: Not explicitly…

DIAMOND EMPOWERMENT FUND INC · Rolling / Open · Annual Foundation

Diamonds Do Good Entrepreneurship Grant Organization: Diamonds Do Good (formerly Diamond Empowerment Fund Inc) Status: Active annual program Geographic Scope: Global focus on natural…

North Carolina Agricultural and Technical State University · Rolling / Open Foundation

Dowdy Scholars Enrichment Program Grant Status: ACTIVE Funder: North Carolina Agricultural and Technical State University Last Updated: September 30, 2025 Summary The Dowdy Scholars Enrichment…

WEPOWER · Rolling / Open Foundation

Dream of Change Business Support Grant Status: Active grant program Geographic Scope: St. Louis area (North City focus mentioned) Focus Areas: - Black and Latinx entrepreneurs - Small business…

US $50,000 - US $100,000
THE MINNEAPOLIS FOUNDATION · April 15, 2026 · Annual Foundation

Economic Mobility Grants Status: Open for applications starting April 15, 2026 Geographic Scope: Minnesota-based organizations (seven-county Twin Cities metro area and beyond) Focus Areas: -…

UNITED STATES HISPANIC CHAMBER OF · Rolling / Open Foundation

ELEVATE TOGETHER Program Name: ELEVATE TOGETHER™ (powered by Round It Up America®) Funders: - Office Depot & Round It Up America - ODP Corporation (founding partner) - In partnership with: U.S.…

$5,000 per award (6 grants available)
GEORGIA HISPANIC CHAMBER OF COMMERCE · Rolling / Open Foundation

Elevate Together Cash Grant Overview: The Georgia Hispanic Chamber of Commerce (GHCC) partners with the United States Hispanic Chamber of Commerce and Office Depot to offer cash grants for small…

RAEDI FOUNDATION · Rolling / Open · Rolling (Quarterly) Foundation

Emerging Entrepreneur Loan Program (EELP) Funder: Minnesota Department of Employment and Economic Development (DEED), administered by Rochester Area Economic Development, Inc. (RAEDI) Overview: The…

Varies
GREENWOOD ARCHER CAPITAL INC · Rolling / Open Foundation

EMPOWER Overview: A transformative partnership model investing in construction entrepreneurs by providing back-office support services and equitable access to business capital and projects. Key…

New York State Research and Development Authority (NYSERDA) · Rolling / Open Foundation

Energy Efficiency and Clean Technology Training (PON 3981) Grant Status: ACTIVE Funder: New York State Research and Development Authority (NYSERDA) Amount: Up to US $1,000,000 Last Updated: September…

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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