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.

213 grants
State/ Foundation
Updated daily

What grants for minority-owned businesses are open right now?

Part of $100 million national funding opportunity
LEHIGH VALLEY WORKFORCE INVESTMENT · Rolling / Open Foundation

MBDA Capital Readiness Program Funder: Minority Business Development Agency (MBDA), U.S. Department of Commerce Funding Source: U.S. Department of Treasury's State Small Business Credit Initiative…

Up to $2,000
FRANKLIN SOUTHAMPTON ECONOMIC · Rolling / Open · Rolling (Quarterly) Foundation

Micro Loan Program Overview: Small business financing program providing microloans to help create or expand small businesses in the Franklin Southampton area. Administrators: Franklin Southampton…

Governor's Office of Small, Minority & Women Business Affairs · Rolling / Open State

Minority Business Enterprise (MBE) Program Procurement program for small minority and women-owned firms to perform on state-funded contracts. Only the work of a certified MBE, performing as a…

SOUTHERN MS PLANNING & · Rolling / Open · Rolling (Quarterly) Foundation

Minority Business Enterprise Loan Program Funder: Southern Mississippi Planning and Development District (SMPDD) Overview: SMPDD provides funding to start-up or existing businesses that hold a…

SOUTHERN MS PLANNING & · Rolling / Open · Rolling (Quarterly) Foundation

Minority Business Enterprise Micro-Loan Program Funder: Southern Mississippi Planning and Development District (SMPDD) Overview: SMPDD provides smaller-scale financing for minority-owned businesses…

NATIONAL INDEPENDENT VENUE FOUNDATION · Rolling / Open · Annual Foundation

Minority Business Funding Program Status: Future program (pilot expected to launch within the next 12 months as of page publication) Overview: NIVF will provide seed funding for an annual cohort of…

ARLINGTON ROTARY FOUNDATION INC · Rolling / Open · Rolling (Quarterly) Foundation

Minority Business Recognition Program Funder: The Rotary Club of Arlington, Texas Geographic Scope: Arlington, Texas Program Overview: A recognition program for minority-owned businesses in Arlington…

WEST BROADWAY BUSINESS AND AREA COALITION · Rolling / Open Foundation

MN Promise Act Grant Funder: West Broadway Business and Area Coalition (in partnership) Total Funding Available: $7 million in funding to support Northside businesses Geographic Scope: Northside…

Moody’s Investors Service, Inc. · Rolling / Open Foundation

Moody’s Community Impact Grant Program Status: ACTIVE Funder: Moody’s Investors Service, Inc. Last Updated: October 09, 2025 Summary The Moody's Community Impact Grant Program supports organizations…

Up to $85,000 per business (varies by track)
DETROIT ECONOMIC GROWTH ASSOCIATION · Rolling / Open · Quarterly Foundation

Motor City Match Geographic Scope: Detroit, Michigan Program Description: Motor City Match is a unique partnership between the City of Detroit, the Detroit Economic Growth Corporation (DEGC), the…

Up to $85,000 per business
DETROIT ECONOMIC GROWTH CORPORATION · Rolling / Open · Quarterly Foundation

Motor City Match Status: Active program offering quarterly rounds of competitive financial assistance Geographic Scope: City of Detroit, Michigan Program Focus: Motor City Match is a unique…

MADISON PARK DEVELOPMENT CORPORATION · Rolling / Open · Rolling (Quarterly) Foundation

MPDC Workforce Diversity & Development Program Organization: Madison Park Development Corporation Program Type: Job placement, training, and workforce development Overview MPDC's Workforce Diversity…

NASDAQ EDUCATIONAL FOUNDATION INC · Rolling / Open Foundation

Overview Mission At the Nasdaq Foundation, our mission is to: * Reimagine investor engagement to equip under-represented communities with the financial knowledge and tools to share in the wealth…

EMPLOYEE OWNERSHIP EXPANSION NETWORK · Rolling / Open Foundation

NCEOX Inclusivity Fund Status: Active initiative (launched 2025) Partners: National Center for Employee Ownership (NCEO), Panagora Group, and other key donors Geographic Scope: National focus through…

CITIZENS COMMITTEE FOR NEW YORK CITY INC · Rolling / Open · Annual Foundation

Neighborhood Business Grant Funder: Citizens Committee for New York City (CitizensNYC) Geographic Scope: New York City (all five boroughs); specific funding partnerships may target specific…

NATIONAL EQUITY FUND INC · Rolling / Open · Rolling (Quarterly) Foundation

NeighborWorks Capital Equity Fund Administrator: NeighborWorks Capital (national non-profit Community Development Financial Institution - CDFI), in partnership with National Equity Fund (NEF) Program…

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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