Last updated June 12, 2026
There are currently 213 active grants for minority-owned businesses in Grantable's free grants database, drawn from state and 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.
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.…
Seeding Grants Status: Pilot program completed in 2022 Purpose: Provide unrestricted, one-year investments to BIPOC-led organizations, representing a shift toward more equitable funding practices in…
Overview _NOTE: Applications for the PROMISE Act Grant program are currently closed. Please note, as of April 9, 2025, the Minnesota legislature is currently considering changes to the requirements…
Small Business & Job Creation Grant Funder: Downtown Long Beach Alliance (DLBA) Geographic Scope: Downtown Long Beach, California Program Description: The DLBA awards grants to local entrepreneurs to…
Small Business Assistance Partnerships Program Grant Status: ACTIVE Funder: Minnesota Department of Employment and Economic Development (DEED) Amount: US $100,000 - US $400,000 Last Updated: August…
Small Business Enhancement Grant Funder: The Rosewood Initiative Status: Currently paused; check back in January 2026 for updates Geographic Scope: Limited to The Rosewood Initiative's NPI…
Small Business Financial Assistance Funder: BeyGOOD Foundation Program Type: Small Business Grant/Financial Assistance Geographic Scope: National (administered through NAACP) Eligibility: - Small…
Small Business Investment Grant (RFP #23-02) Funder: Washington State Department of Commerce • Community Reinvestment Project Status: Award period closed (40 grants awarded as of October 1, 2024)…
Small Business Start-up Grants Overview: Small Business Start-up Grants were specifically designed for members interested in starting a new contracting business that creates union jobs for…
Small Business Support Hubs (SBSH) Program - Great Lakes Bay Small Business Hub Program Status: Awarded February 28, 2024; ongoing implementation Funding Source: Governor Gretchen Whitmer's…
Small Business Workforce Accelerator Grant (RFP #24-01) Funder: Washington State Department of Commerce • Community Reinvestment Project Status: Application period closed after 40 applications…
Small, Minority and Women-Owned Business Account - Video Lottery Terminal Fund (VLT) VLT fund uses proceeds from Maryland’s casinos to assist small, minority, and women-owned businesses. Fifty…
Small, Minority-Owned Business Sports Wagering Assistance Fund (SWAF) The goal of the Small, Minority-Owned, Women-Owned Business Sports Wagering Assistance Fund (SWAF) is to maximize the opportunity…
Social Business Match Program (SBMP) Overview: A Program-Related Investment (PRI) initiative designed to help social businesses access seed capital for growth. Geographic Scope: - Minnesota, North…
SPRINT Challenge Amount: $200,000 - $750,000 per award Status: Completed (awards announced April 2021) Geographic Scope: United States (25 states and Puerto Rico) Focus Areas: - Pandemic response…
SSBCI Technical Assistance Grant – Loan TA Program Status: ACTIVE Funder: Illinois Department of Commerce and Economic Opportunity (DCEO) Amount: US $700,000 Last Updated: January 02, 2026 Summary…
State Small Business Credit Initiative (SSBCI) Status: Active (returned October 2022, ongoing distribution) Geographic Scope: Statewide Pennsylvania Focus Areas: - Accessible and affordable capital…
Super Bowl LVI Business Connect Funder: Los Angeles Sports & Entertainment Commission, National Football League, Los Angeles Super Bowl Host Committee Status: Past program (deadline was February 23,…
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.
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.
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.