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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Grant	Deadline ▲	Amount
Commercial Property Acquisition Fund City First Enterprises Inc · Foundation Rolling · Up to $500K The Commercial Property Acquisition Fund (a DC government program administered by City First Enterprises) disburses down-payment assistance grants of up to $500,000 or 25% of the sale price, whichever is less, to help businesses acquire…	Rolling	Up to $500K
Capital Readiness Program (East Coast Hub) Ace Foundation · Foundation Not published · Varies Comprehensive 8-week virtual accelerator program and capital readiness initiative designed to enhance regional economic development and help minority business enterprises access funding and contracts.	Not published	Varies
Washington Federal Foundation: Community Impact Grants Washington Federal Foundation · Foundation Not published · $5K – $20K The Washington Federal Foundation offers Community Impact Grants to support nonprofits serving low- and moderate-income populations.	Not published	$5K – $20K
Small, Minority and Women-Owned Business Account - Video Lottery Terminal Fund (VLT) Maryland Department of Commerce · State Not published · Varies VLT fund uses proceeds from Maryland’s casinos to assist small, minority, and women-owned businesses.	Not published	Varies
NeighborWorks Capital Equity Fund National Equity Fund Inc · Foundation Rolling · Varies The NeighborWorks Capital Equity Fund is a first-of-its-kind equity fund that provides NeighborWorks America network organizations with standardized, equitable Low-Income Housing Tax Credit (LIHTC) terms.	Rolling	Varies
USDA NIFA - Beginning Farmer and Rancher Development Program (Field School) Appalachian Resource Conservation & Development Council · Foundation Not published · $408K – $50M Field School is a beginning farmer training program that trains up-and-coming farmers on both agricultural operations and the business and legal aspects of running a farm business.	Not published	$408K – $50M
Commercial Property Acquisition Fund City First Enterprises Inc · Foundation Rolling · Up to $500K Through this fund, CFE disburses down payment assistance grants to help businesses acquire commercial property in DC.	Rolling	Up to $500K
Minority Business Enterprise Loan Program Southern Ms Planning & Development District Inc · Foundation Rolling · $15K – $250K SMPDD provides funding to start-up or existing businesses that hold a Minority Business Enterprise certification. The program is designed to support credit-worthy minority-owned businesses.	Rolling	$15K – $250K
USHCC Community Navigator Pilot Program (USHCCBizNav) United States Hispanic Chamber of Commerce · Foundation Not published · $5M In 2021, the United States Hispanic Chamber of Commerce was awarded a $5 million Community Navigator Pilot Program grant by the U.S. Small Business Administration.	Not published	$5M
Ward 8 Community Investment Fund (Ward8CIF) Grant Program - Round 2 FY26 DSLBD Current Funding · State Not published · $896K – $43M The Ward8CIF Grant Program is a DSLBD initiative created to increase the ease of doing business in the District.	Not published	$896K – $43M
Freed Fellowship Grant Microenterprise Collaborative of Inland · Foundation Not published · $500 – $3K	Not published	$500 – $3K
Nasdaq Quarterly Grant Program Nasdaq Educational Foundation Inc · Foundation Not published · Varies At the Nasdaq Foundation, our mission is to: As we strive to accelerate progress in diversifying entrepreneurship and empowering a more diverse group of investors, the Nasdaq Foundation will accept grant requests for programs that align…	Not published	Varies
Community Equity Fund - Minority Business Grants Columbus Urban League · Foundation Not published · $400K – $2M Support Black-owned and other minority-owned businesses affected by COVID-19 pandemic	Not published	$400K – $2M
BUILD Scholarship Program Radian Placematters Inc · Foundation Not published · Varies In response to the 2020 Nonprofit Anti-Displacement Report, Radian developed the BUILD Scholarship Program offering subsidized office space for small, BIPOC-led and -serving organizations at BUILD, an affordable community coworking space…	Not published	Varies
MPDC Workforce Diversity & Development Program Madison Park Development Corporation · Foundation Rolling · Varies MPDC's Workforce Diversity & Development Program helps connect MPDC and Lower Roxbury residents seeking job placement and training with hiring general contractors, subcontractors, and vendors working on MPDC properties.	Rolling	Varies
WA State Small Business Resiliency Grant Multi-Ethnic Business Association · Foundation Not published · Varies Grant program for small business resiliency. Contact for Local Assistance (AHANA Small Business Resiliency Response Team):	Not published	Varies
Clean Energy Contractor Incubator Grant Illinois Department of Commerce and Economic Opportunity · Foundation Not published · $500K – $2.5M The Clean Energy Contractor Incubator Program, initiated by the Illinois Department of Commerce and Economic Opportunity, aims to foster the growth of clean energy contractor businesses and nonprofits.	Not published	$500K – $2.5M
EXCELerate Loan Fund 2.0 Brooklyn Alliance Inc · Foundation Rolling · Up to $50K Growth capital loans available to established BIPOC-owned businesses in Brooklyn seeking to expand operations and support equitable economic growth.	Rolling	Up to $50K
Comcast RISE Listed by Portland Business Alliance · Foundation Not published · $40K Comcast RISE (Representation, Investment, Strength and Empowerment) is a grant program designed to support small businesses hardest hit by COVID-19 and help them thrive with a focus on economic growth.	Not published	$40K
Small Business Start-up Grants Carpenter Contractor Trust · Foundation Not published · Varies Small Business Start-up Grants were specifically designed for members interested in starting a new contracting business that creates union jobs for carpenters.	Not published	Varies
GEEDC Grants Greater Erie Economic Development Corporation · Foundation Not published · Varies The Greater Erie Economic Development Corporation (GEEDC), founded in 1974, promotes diversity in workforce development through its grant program.	Not published	Varies
Community Reinvestment Plan (CRP) Small Business Grant South Central Workforce Development Council · Foundation Not published · Varies These grant funds are intended to reduce barriers to entrepreneurship and support community-driven economic development by providing financial resources.	Not published	Varies
Dowdy Scholars Enrichment Program Grant North Carolina Agricultural and Technical State University · Foundation Not published · Varies The Dowdy Scholars Enrichment Program offers a prestigious scholarship for incoming freshmen at North Carolina A&T State University, emphasizing academic excellence and leadership.	Not published	Varies
Supplier Diversity Mini-Grants Advantage Valley Inc · Foundation Not published · Up to $500 This mini-grant program increases the number of certified Woman-owned (WBE), Minority (MBE), and Disadvantaged Business Enterprises (DBE) in West Virginia by defraying costs associated with the certification process.	Not published	Up to $500

Showing 169–192 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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