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
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
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…

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…

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…

$50,000 – $150,000 per project
FLOWER HILL INSTITUTE · May 27, 2026 · Annual Foundation

National Bison Business & Market Program Funder: USDA Agricultural Marketing Service – Advancing Markets for Producers Program (Funding Opportunity Number: USDA-AMS-TM-BPMGP-G-25-0001) Managing…

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…

CENTRAL BALTIMORE PARTNERSHIP INC · Rolling / Open Foundation

Neil Muldrow Business Development Fund Status: Currently unfunded and paused as of December 2025. CBP is actively working to secure additional resources. Overview: The Neil Muldrow Business…

NEW ECONOMY PROJECT INC · Rolling / Open · Rolling (Quarterly) Foundation

New Economy Loan Fund Overview: The New Economy Loan Fund invests in NYC's growing cooperative economy by making no- and low-interest, flexible loans to support community wealth building initiatives.…

Up to $250,000 (30-50% of equipment cost)
New Jersey Manufacturing Extension Program · Rolling / Open · Rolling (Quarterly) Foundation

New Jersey Manufacturing Voucher Program (NJMVP) Status: Active, ongoing (announced May 2023 with expanded funding) Geographic Scope: New Jersey Program Overview: State-funded grant program providing…

THE JAY AND ROSE PHILLIPS FAMILY · Rolling / Open Foundation

Overview Northside Real Estate Developer Grants Phillips Foundation to award grants to Black real estate developers in North Minneapolis The Northside Commercial Real Estate Advisory Committee of the…

Part of $800 million state fund
ASIAN AMERICAN FEDERATION INC · Rolling / Open · One-time Foundation

NYS Pandemic Small Business Recovery Grant Status: Program administered by New York State (announced June 2021) Geographic Scope: New York City and New York State, with specific focus on Asian…

Up to $15,000 (technical assistance); varying amounts for facility improvements
THE ALLIANCE FOR ECONOMIC DEVELOPMENT · Rolling / Open · One-time Foundation

OKC Rescue Program Status: Launched April 2022 Administrator: The Alliance for Economic Development of Oklahoma City Funding Source: City of Oklahoma City's allocation from the federal American…

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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