HVADC Agribusiness Loan Fund Purpose: Specialized lending for agribusiness providing alternative credit instrument for businesses that may not access sufficient capital through traditional…
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?
IEDA Targeted Small Business Program Geographic Scope: Iowa Focus Areas: Business startup and growth assistance for underrepresented entrepreneurs Eligibility: - Women entrepreneurs - Individuals…
Impact Now Grant Funder: Philippine American Chamber of Commerce of Oregon and Black American Chamber of Commerce Program Status: Currently paused. The state Economic Equity Investment Program that…
Impact100 Essex- Equity Grants Status: ACTIVE Funder: Impact100 Essex Amount: US $10,000 - US $15,000 Last Updated: July 14, 2025 Summary The Impact100 Essex Equity Grants provide unrestricted…
Inclusive and Equitable Entrepreneurial Communities Grants Funder: Southern Minnesota Initiative Foundation Contact: Jennifer Heien Phone: (507) 214-7040 Email: inquiry@smifoundation.org Address: 525…
Initiators Fellowship Program Type: Two-year fellowship for emerging social entrepreneurs Geographic Scope: Greater Minnesota (53 counties and 6 Native nations served by Initiative Foundation,…
Intuit Efficiency Mini-Grants Funder: Intuit in partnership with California Green Business Network (CAGBN) Overview: A mini-grant program that financially supports small businesses in sustainability…
InvestTVL Entrepreneur Microloans Funder: InvestTVL (Community Development Loan Fund), a partnership of Spark Thomasville and Thomasville Community Development Corporation, with support from…
JEM Group Diversity in Construction Scholarship Fund Grant Status: ACTIVE Funder: The Foundation for Enhancing Communities Last Updated: November 17, 2025 Summary The JEM Group Diversity in…
JobsOhio: Small Business Grant Status: ACTIVE Funder: JobsOhio Amount: Up to US $50,000 Last Updated: September 24, 2025 Summary The JobsOhio Small Business Grant provides essential financial support…
JOEDP Community Business Loan Fund Funder: Jacksonville Onslow Economic Development Partnership (JOEDP) Geographic Scope: Jacksonville and Onslow County, North Carolina Purpose: Provide gap financing…
Kenneth King Foundation: Job Creation & Entrepreneurship Grant Status: ACTIVE Funder: Kenneth King Foundation Amount: US $5,000 - US $20,000 Last Updated: January 21, 2026 Summary The Kenneth King…
KeyBank Foundation Small Business Support Grant Funder: KeyBank Foundation Award Amount: $20,000 Geographic Scope: Fourth Plain Boulevard corridor, Vancouver, Washington Purpose: Provide crucial…
Latino Impact Fund Grant Status: ACTIVE Funder: The Cleveland Foundation Amount: US $10,000 - US $25,000 Last Updated: September 30, 2025 Summary The Latino Impact Fund Grant, launched in September…
Latino Small Business Capital Access Program (CAP) Funder: District Bridges in partnership with the Mayor's Office on Latino Affairs (MOLA) Geographic Scope: Washington, DC Focus Areas: - Capital…
Linked Deposit The MARYLAND LINKED DEPOSIT PROGRAM is a statewide initiative designed to stimulate opportunities for certified Minority Business Enterprises (MBEs) and Small Businesses by reducing…
M/WBE Pathways to Prime Grant Program Status: ACTIVE Funder: Harris County Department of Economic Equity and Opportunity (DEEO) Last Updated: May 13, 2025 Summary The M/WBE Pathways to Prime Grant…
Manufacturing Reinvented (Cook County) Geographic Scope: Suburban Cook County, Illinois Status: 2023 round announced; over 150 manufacturers applied Total Program Funding: $5 million program Award…
Maryland Small Business Development Financing Authority (MSBDFA) MSBDFA promotes the expansion of businesses owned by economically and socially disadvantaged entrepreneurs that do not meet…
Maryland State Small Business Credit Initiative (SSBCI) Maryland's State Small Business Credit Initiative (SSBCI) funds in partnership with the Maryland Department of Commerce and the Maryland…
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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