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…
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?
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…
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…
Minority Business Enterprise Grants Spanish Name: Programa de Subsidios para Empresas Minoritarias Funder: Greater Winston-Salem, Inc. Geographic Scope: Winston-Salem and Greater Winston-Salem area,…
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…
Minority Business Enterprise Micro-Loan Program Funder: Southern Mississippi Planning and Development District (SMPDD) Overview: SMPDD provides smaller-scale financing for minority-owned businesses…
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…
Minority Business Grants Program Funder: Greater Winston-Salem Inc. Geographic Scope: Winston-Salem, North Carolina area Purpose: Grants program for minority-owned businesses Focus Areas: Support for…
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…
Minority Business Subsidy Program Program Name: Programa de Subsidios para Empresas Minoritarias (Minority Business Subsidy Program) Geographic Scope: Winston-Salem, NC area Target: Minority-owned…
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 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…
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…
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…
MPDC Workforce Diversity & Development Program Organization: Madison Park Development Corporation Program Type: Job placement, training, and workforce development Overview MPDC's Workforce Diversity…
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…
Native American Small Business Support Program - Category: Economic Development and Finance (ED&F) - Agency: ND Department of Commerce
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…
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…
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.
Ready to apply for these grants?
- Assess your eligibility for this grant
- Draft a tailored application narrative
- Track the deadline and get reminders
- Find similar grants from other funders