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…
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.
What grants for minority-owned businesses are open right now?
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.…
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…
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…
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…
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…
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…
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: 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…
Philadelphia Growth, Resiliency, Independence, Tenacity Fund (PHL GRIT Fund) Status: Active (launched February 2022) Geographic Scope: Philadelphia region and Greater Philadelphia Focus Areas: -…
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…
Promise Loan Program Program Type: Loan program for economic development projects Funder: Minnesota Department of Employment and Economic Development (DEED) Administrator: Southwest Initiative…
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…
Ready for Business Fund Overview: Grant program supporting small business owners, particularly LGBTQ+ entrepreneurs and those from underrepresented communities. Geographic Scope: Washington State…
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…
Reimagine Oregon Economic Opportunity Investment Fund Grant Status: ACTIVE Funder: Prosper Portland Amount: US $5,000 - US $300,000 Last Updated: March 28, 2026 Summary The Reimagine Oregon Economic…
Reimagine Oregon Economic Opportunity Investment Fund Grant - Anchor Projects Status: ACTIVE Funder: Prosper Portland Amount: US $50,000 - US $700,000 Last Updated: March 23, 2026 Summary The…
Restaurant Accelerator and Community Fund Grant Funder: National ACE in partnership with Grubhub (Grubhub Community Fund) Status: 2025 program completed with 97 recipients announced as of December 2,…
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 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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