Grants for Minority Owned Businesses

Last updated October 15, 2026

Grantable tracks 210 active grants for minority owned businesses in its free grants database, drawn from state and foundation sources and updated daily. 5 of them have a verified open deadline or accept applications on a rolling basis. 121 list an award amount, with a median of $40K.

Grants tracked
210
from 163 funders
Median award
$40K
middle half $10K–$350K
Total listed funding
$82.6M
across 121 grants that list an amount
Rolling deadlines
24
3 with a published date

On this page: State Foundation · Updated daily

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USHCC Avanzando Suppliers with Blue Wave

United States Hispanic Chamber of Commerce · Foundation

Not published · Varies

A supplier development program launched in 2022 that deepens the core capabilities of certified entrepreneurs to meet the most competitive international standards in procurement.

Green Builds Business

United States Hispanic Chamber of Commerce · Foundation

Not published · Varies

A business coaching program that offers proven green best practices to suppliers. The goal is to enable business suppliers' ability to identify, design, and implement green projects that achieve triple bottom line results.

Maryland Small Business Development Financing Authority (MSBDFA)

Maryland Department of Commerce · State

Not published · Varies

MSBDFA promotes the expansion of businesses owned by economically and socially disadvantaged entrepreneurs that do not meet established credit criteria of financial institutions and are unable to obtain adequate business financing on…

CoFUND Grant

Inquiring Systems Inc · Foundation

Not published · Up to $10K

CoFUND is a regranting program by CoFED aimed at empowering food and land-justice cooperatives led by Queer, Trans, Black, and Indigenous People of Color.

Energy Efficiency Investment Fund (EIFF) - Custom Pathway Grants

Delaware Department of Natural Resources and Environmental Control (DNREC) · Foundation

Not published · Up to $250K

The Energy Efficiency Investment Fund (EEIF) offers Custom Pathway Grants to non-residential facilities in Delaware, promoting energy-efficient upgrades.

EMPOWER

Greenwood Archer Capital Inc · Foundation

Not published · Varies

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

Texas Solar for All Coalition EPA Grant

Texas Solar Energy Society Inc · Foundation

Not published · $250M

A historic federal grant awarded to the Texas Solar for All Coalition to deliver residential solar to more than 46,000 low-income and disadvantaged communities and households across Texas.

Thriving Neighborhoods Grant

Travelers Foundation · Foundation

Not published · Varies

Travelers believes that strong communities are sustained by educational and economic opportunities —and we are dedicated to assisting our communities in generating those opportunities.

Community Micro Equity Fund (CMEF)

Greenwood Archer Capital Inc · Foundation

Not published · $25K

A comprehensive small business development and equity-like capital expansion model launched in 2021 with a multi-million-dollar grant from PNC Bank.

ACER INC. Grant

African Career Education & Resources · Foundation

Not published · Varies

Essential funding to help local entrepreneurs scale their operations, modernize equipment, and improve their business infrastructure to drive long-term success.

New Economy Loan Fund

New Economy Project Inc · Foundation

Rolling · Varies

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.

Motor City Match

Detroit Economic Growth Association · Foundation

Not published · Up to $85K

Motor City Match is a unique partnership between the City of Detroit, the Detroit Economic Growth Corporation (DEGC), the Economic Development Corporation of the City of Detroit (EDC), and the U.S. Department of Housing and Urban…

Fairwinds Foundation Grants

Fairwinds Foundation Inc · Foundation

Not published · Varies

The FAIRWINDS Foundation Grants support Central Florida's economically vulnerable populations, including homeless youth and veterans, by providing philanthropic grants aimed at enhancing financial literacy.

Brooklyn Alliance Capital, Inc. Micro-Loans

Brooklyn Alliance Inc · Foundation

Rolling · $500 – $25K

Financing program for under-served minority and immigrant entrepreneurs and low-income small business owners to increase financial stability and foster economic growth that will create jobs in Brooklyn.

Truist Foundation Grants

Truist Foundation Inc · Foundation

Not published · $15K

The Truist Foundation Grants aim to empower communities by providing resources for economic mobility and supporting small businesses, particularly those owned by racially and ethnically diverse individuals.

Community Business Preservation Program - Gunnison Cohort

Region 10 League for Economic Assistance and Planning Inc · Foundation

Not published · $130K

The following four Hispanic-owned businesses in Gunnison were awarded grants: These businesses are well-respected by the wider Gunnison Valley community and provide important cultural touchpoints for Spanish speakers moving to the valley.

MN Promise Act Grant

West Broadway Area Coalition · Foundation

Not published · $7M

Support Northside businesses with transformative funding

Cannabis Equity Grants Program for Local Jurisdictions

California Governor's Office of Business and Economic Development · Foundation

Not published · Up to $3.5M

The Cannabis Equity Grants Program for Local Jurisdictions, led by California's Governor's Office of Business and Economic Development, aims to foster economic justice for communities adversely affected by cannabis prohibition.

Washington State Department of Commerce Lending Agency Grant

Fourth Plain Forward · Foundation

Not published · $1.4M

Fourth Plain Forward was awarded this grant to establish a new lending agency aimed at empowering Black, Latine, and Tribal communities by expanding their access to capital.

45Camp Accelerator

VertueLab · Foundation

Not published · Varies

45Camp is an accelerator program created in collaboration with Tabor 100 and Prosper Portland that serves Black, Indigenous, and People of Color (BIPOC) entrepreneurs in the Pacific Northwest.

SBIR/STTR Matching Fund

Tennessee Technology Development Corp · Foundation

Not published · $7M

A strategic initiative developed and administered by LaunchTN to advance the commercialization of technology innovation and job creation across Tennessee.

OKC Rescue Program

The Alliance for Economic Development of Oklahoma City Inc · Foundation

Not published · Up to $15K

Help small businesses and nonprofits with COVID-19 economic recovery through direct financial assistance and technical support services.

Equitable Energy Future Grant Program

Illinois Department of Commerce and Economic Opportunity (DCEO) · Foundation

Not published · $250K – $1M

The Equitable Energy Future Grant Program, launched by the Illinois Department of Commerce and Economic Opportunity, aims to provide crucial seed and pre-development funding to contractors.

WEPOWER Capital Fund

Wepower · Foundation

Not published · $1.5M

Showing 145–168 of 210

About 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.

Frequently Asked Questions

How much money do grants for minority owned businesses award?

Of the 210 grants for minority owned businesses Grantable lists as of October 15, 2026, 121 publish an award amount. The median listed award is $40K, and the middle half fall between $10K and $350K. The largest is $10M. Amounts are each grant's stated maximum, so a typical award can be smaller.

Which funders offer the most grants for minority owned businesses?

By number of active listings, the leading funders are United States Hispanic Chamber of Commerce (6), Ace Foundation (3), Amplify Equity Inc (3), Center for Economic Inclusion (3), and Delaware Department of Natural Resources and Environmental Control (DNREC) (3). In all, 163 funders have at least one active grant in this category.

When are grants for minority owned businesses due?

Of 210 grants listed, 24 accept applications on a rolling basis, 3 have a published upcoming deadline, 67 run on a stated cycle (such as annual or quarterly) without a published date, and 116 don't publish a deadline, so check the funder's site.

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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