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…
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.
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…
Phát Triển Tốt Small Business Incubation Program Overview: A three-month mentorship program of Friends of Little Sài Gòn to develop small businesses, artists, and cultural workers. Mentees receive…
Philadelphia Growth, Resiliency, Independence, Tenacity Fund (PHL GRIT Fund) Status: Active (launched February 2022) Geographic Scope: Philadelphia region and Greater Philadelphia Focus Areas: -…
Pike Place Market Farm Fund Geographic Scope: Pike Place Market, Seattle, Washington Focus Areas: Support for Hmong farm families and flower businesses at Pike Place Market facing financial crises…
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 Revitalization Fund (RRF) Status: Federal grant program administered by the U.S. Small Business Administration (SBA) Geographic Scope: United States Background: Established through the…
Richard L. Knight Rotary Minority Business Awards Funder: Rotary Club of Fort Worth Geographic Scope: Fort Worth, TX area Focus Areas: Support and recognition for minority-owned businesses Key…
Richard L. Knight Rotary Minority Business Awards Funder: Rotary Club of Fort Worth (TX, US) Focus: Recognizing and supporting minority-owned businesses Geographic Scope: Fort Worth, Texas area Key…
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…
Salute to Small Business Awards - Minority Business Award Funder: Commerce Lexington Inc., Lexington, Kentucky Program Overview: Commerce Lexington Inc. has honored small business contributions to…
SBIR/STTR Matching Fund Overview: A strategic initiative developed and administered by LaunchTN to advance the commercialization of technology innovation and job creation across Tennessee. The…
seCTerRise Business Retention & Expansion Program Overview: seCTer administers $4.5 million over five years in business resiliency and sustainability funding for southeastern Connecticut businesses.…
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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