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 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
Foundation
Updated daily

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

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…

VertueLab · Rolling / Open Foundation

Opalene Climate Capital Overview: Opalene Climate Capital is a unique, impact-oriented venture capital fund launched by VertueLab that doubles private investment with state-matched dollars to…

Variable (45 underrepresented businesses awarded $100,000 total last year)
GREATER SARASOTA CHAMBER OF COMMERCE · Rolling / Open · Annual Foundation

Opportunities For All (OFA) - Business Assistance Funds Program Overview: The Business Assistance Funds Program is designed to assist culturally diverse small business owners and non-profit…

PGE Foundation · Rolling / Open Foundation

PGE Foundation: Career Pathways Grant Program Status: ACTIVE Funder: PGE Foundation Amount: US $5,000 - US $25,000 Last Updated: November 01, 2025 Summary The PGE Foundation's Career Pathways Grant…

US $1,000 - US $5,000
POISE FOUNDATION · Rolling / Open Foundation

POISE Community Impact Grants Status: ACTIVE Funder: Poise Foundation Amount: US $1,000 - US $5,000 Last Updated: March 07, 2026 Summary The POISE Community Impact Grants, offered by the Poise…

SOUTHWEST INITIATIVE FOUNDATION · Rolling / Open · Rolling (Quarterly) Foundation

Promise Loan Program Program Type: Loan program for economic development projects Funder: Minnesota Department of Employment and Economic Development (DEED) Administrator: Southwest Initiative…

NATIONAL COUNCIL FOR COMMUNITY · Rolling / Open · One-time Foundation

Raising the NYS Bar Restaurant Recovery Fund Funder: NY Empire State Development, implemented by National Development Council (NDC) Geographic Scope: New York State Program Purpose: Grant program to…

Greater Seattle Business Association · Rolling / Open Foundation

Ready for Business Fund Overview: Grant program supporting small business owners, particularly LGBTQ+ entrepreneurs and those from underrepresented communities. Geographic Scope: Washington State…

REVOLUTIONARY ECONOMY · Rolling / Open · Rolling (Quarterly) Foundation

REAL People's Fund Entrepreneurship Loan Program Funder: REAL People's Fund (Revolutionary Economy for All Local People) Website: realpeoplesfund.org Geographic Scope: Alameda County and Contra Costa…

Up to $10 million per entity (max $5 million per location)
THE MORTGAGE CAPITAL DEVELOPMENT · Rolling / Open · One-time Foundation

Restaurant Revitalization Fund (RRF) Status: Federal grant program administered by the U.S. Small Business Administration (SBA) Geographic Scope: United States Background: Established through the…

ROOTED PHILANTHROPIC · Rolling / Open Foundation

Rooted Philanthropic Grant Status: ACTIVE Funder: Rooted Philanthropic Last Updated: November 26, 2025 Summary The Rooted Philanthropic Grant is dedicated to supporting the East Side of Saint Paul…

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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