Grants For Black Female Owned Businesses 2021

Related Articles

Ifundwomen Universal Grant Application Database

Palm Beach County woman turning Black-owned small business into success

Our Universal Grant Application Database is where we look first for qualified grant applicants. Heres how it works: when IFundWomen brokers a grant with a partner, we match the partners grant criteria to businesses in the database. If youre a match to one of our programs, you will be notified and invited to apply.

PRO TIP: To save you time when applying for multiple applications, we suggest you and write your answers for future use!

Black Founder Startup Grant

The SoGal Foundation and its partners run The Black Founder Startup Grant program on a rolling basis. The organization provides grants of $10,000 to Black and multiracial women and nonbinary entrepreneurs. To qualify, founders must have a legally registered business and plan to seek investor financing.

For the latest, follow us on .

Image: Depositphotos

What About The Innovateher Women Business Challenge

There was previously a nationwide SBA business grant competition for women called the InnovateHer Challenge, organized by the US Small Business Administrations Office of Womens Business Ownership. The InnovateHer Challenge awarded federal grant money to three finalists every year from 2015-2017. These grants were reserved for businesses that used innovation to improve the lives of women. Among the winners who applied in 2016, first place won $40,000 second place received $20,000 third place got $10,000.

Unfortunately, this SBA grant quietly disappeared under the Trump administration, but well let you know if this program, or any other SBA grant for women, is funded during Bidens tenure.

Also Check: 3 Types Of Lenders Who Grant Personal Loans

First Nations Development Institute Grants

  • Submission Dates: Varies by grant program
  • Entry Requirements: Varies by grant program
  • Website:

First Nations was founded in 1980 and started its national grant program in 1993. If youre a business owner of First Nations descent be sure to check the website often, as this organization releases new grant opportunities frequently throughout the year.

Scholarships, apprenticeships, and other opportunities are also available.

Power Forward Small Business Grant

Barefoot Launches 2 New Grant Programs For Black Women

The Power Forward Small Business Grant program supports Black-owned small businesses throughout New England. Vistaprint, the Boston Celtics Shamrock Foundation, and the NAACP partner to fund and manage the award program. Eligible Black-owned businesses with between 1 and 25 employees can apply for grants of $25,000. This is a multi-round program, so awards are granted on a rolling basis.

Don’t Miss: Foster Grant Gloss Reading Glasses

Government Contracts For Minority Owned Businesses

The US government dedicates at least 5% of federal contracting dollars to socially disadvantaged people and entities.

A partial list of qualifications:

  • at least 51 percent owned and controlled by U.S. citizens who are economically and socially disadvantaged
  • Be owned by someone whose personal net worth is $750,000 or less
  • Be owned by someone whose average adjusted gross income for three years is $350,000 or less
  • Have all its principals demonstrate good character
  • Show potential for success and be able to perform successfully on contracts

The Sf Womens Entrepreneurship Fund

The SF womens Entrepreneurship fund is geared toward helping women realize their dreams. The program focuses on women who are looking to start their own businesses in different spheres. Here is the list of criteria you should meet to be eligible for qualifying for this grant.

Your business must:

  • Have up to 5 employees
  • Have been in operation since at least September 16, 2019
  • Have had less than $2.5 million in gross annual receipts in 2018 or 2019
  • Have seen a 25% decline in revenue because of a closure or reduced operations during the coronavirus outbreak

When you have checked the grant eligibility criteria, and find that you meet them, applying is simple. Once you submit your application, you should hear back within a few days. Keep an eye on the application in case you are requested to send in accompanying documentation to support your application.

Don’t Miss: Small Business Grant For Veterans

What Can You Use Small Business Grants For

Owning your own business means that you have various expenses that need to be paid. Some grants allow you to use the funds for any business-related expenses, while others may have more specific parameters. Grants can help with marketing and advertising, contracting help in customer service, or purchasing much needed equipment or materials. However,its always best to read the rules and regulations before applying to make sure you can use the money for what you need.

Founders First Capital Partners

$5000 Small Business Grant For Black Women Entrepreneurs

The Founders First Capital Partners is a program that provides funding that is connected to the concept of revenue-based investment for service-and production-based companies led by a minority, veteran, or women founders.

The organization provides access to a flexible payback model that ensures that the payments paid by those who have received the grants to help them grow their business. This program is particularly unique in the way that it creates a seamless flow of finances instead of being a set amount each month, which is what you usually would get with other grant-received from the general applicants who run a business or planning to start one.

You May Like: Grants For Small Businesses In Ny

What Is Black And Minority Business

If you have ever wondered if your business qualifies as a Black and Minority Business? Well, heres how to find out! If you identify as a minority group with a business that is minority-owned, then you may qualify. This may go beyond just that, as other factors may apply depending on where you are operating your business from.

If you identify Indeed, grants for small business owners in 2021 are available if you know where to look for them. Small business grants have been through one of the biggest business impacts since the onset of the global pandemic. Finding ways of supporting them in 2021 would be a great way in helping them pull through. The idea of buying and supporting Black goes beyond the reflections of the word itself, but the actions you take in making those words come true.

If you are a Black female interested in starting her own business, and in need of grants to get started, the 41 list of grants for Black women is a great option to explore. There are other grant opportunities that are opened to you, depending on your type of business. Here are a few you can check out:

If you are a Black business owner, who has been asking questions about where you can find grants, how you can apply for minority grants, and much more. You should be able to find answers to those questions by simply reading all the way.

Learn About Past Winners

Another way to increase your chances of making the final cut is to look at the grant recipients chosen in past years.

If you do your research well, no doubt you will find a common thread in the past recipients. You can use this knowledge to better identify what the grant judges look for and how you can be the next winner.

Also Check: Kansas First Time Home Buyer Grant 2020

Enlist The Help Of A Professional

Not all small business owners are great writers. Even those with higher education can find writing out a grant proposal a real challenge.

As the best voice for your business, you should be actively involved in writing your proposal. That said, there is no harm in hiring a professional grant writer.

This helps to make sure that your proposals are free from grammatical errors and typos. It also will improve the flow and coherency of your submission.

You have a much better chance of winning the grant competition if your proposal is well written and concise.

The Minority Business Development Agency

African American Grants

This is an agency of the Department of Commerce that gives grants. As the name implies, They support minority-owned businesses across the United States. In fact, they provide grants and loan programs such as the Minority Business Enterprise Inner City Innovation Hub Grant, the Entrepreneurship Education Program for Formerly Incarcerated Persons Grant, and the Enterprising Women of Color Grant.

Besides, Feel free to check out all the grants listed with MBDA with just a click on the web for eligibility information

Don’t Miss: Hud Grants For Home Repairs

Grants For Black Business Owners 2022

In brief, black business owners grants tend to be challenging and overwhelming. It is hard to balance the scale between black entrepreneurs and their white counterparts. Howbeit, we need to take outstretch steps if we want to ease uncertainties in our business. In the business world, its often theres an adage, you have to spend money to make money. Here, are a few listed grants for black business owners in 2022.

Grants Loans And Programs To Benefit Your Small Business

When you know where to look, help for your small business is there for the taking.

There are many grant programs available to small businesses, depending on a variety of qualifying factors.

Times are tough for small business, but help is available, from both the governmentfederal, state or localand the private sector. It may be in the form of a grant, a loan or a leg up competing in a difficult business environment. Heres a breakdown to help you sort through whats available.

Also Check: Grant For Low Income Families

Capital One Business Grant Program

Capital One and the Association for Enterprise Opportunity are partnering to launch the Capital One Business grant program. The program supports Black-owned businesses with $10,000 grants, along with free resources in the Capital Ones Business Hub. The program officially launched this spring and will award funding on a rolling basis.

Small Business Marketing Grant: Part 1

Grants for Black Female Entrepreneurs – Minority Women-Owned Small Business 2021

Does Google, Bing, and DuckDuckgo deliver free traffic to your website?

Driving organic traffic from search engines can be a meaningful way to support or grow your business because it can consistently deliver people interested in your products or services to your websitefor free. There may be no better time to try and drive organic traffic than during this Covid-19 pandemic. We will help. This program aims to support Black-owned and minority-owned businesses by providing free SEO evaluations, advice, and planning.

There is currently no cap on the number of possible marketing grant recipients per month. Grantees will be selected on a rolling basis. There is no application deadline.

Update: Unfortunately there is no longer a cash component of this grant. Fortunately I have found a way to support more businesses with marketing support more quickly.

SEO Program Prerequisites

  • GSC is a free diagnostic tool through which you can find out whether your pages are included in Googles index, how theyre performing, and whether your site has errors.

Program Recommendation

  • Why ? GA is a free tool that provides details regarding user behavior across your website. It allows you to review things ranging from the source of your traffic by category to which pages receive the most traffic to the cities where your visitors are searching.

SEO Program Terms and Conditions:

Don’t Miss: Hud First Time Home Buyer Grant

Free Marketing Campaigns For Minority And Women

Comcast created their Comcast RISE program to provide business owners with technology assistance, creative media, and marketing campaigns. If your business is for-profit, at least 51% women-owned or minority-owned, is independently owned and operated, has been in business for at least one year, and is in Comcast’s coverage area, you may qualify for one of their programs.

Comcast will choose hundreds of businesses and assist them with the creation of a televised media campaign or a technology makeover for their business. The deadline to apply is June 17th, 2022.

May June And July 2022

Olay is providing grants to women-owned businesses that focus on arts and social causes. There are also free scholarships as well as coaching. All the Olay services will be for minorities, businesses owned by people of color, and minorities. In total, up to $100,000 will be made available. Learn more here.

Under-represented businesses can apply for the Antares REACH Grant Program. This includes businesses owned by people of color, anyone with a disability, LGTBQ+ or veterans. The grant is aimed at helping owners get the funds they need to grow their business. The assistance program is run in partnership with Hello Alice. Learn more on the Antares Grant here.

Small businesses in Detroits Corktown Neighborhood can apply for grants from the Advancing Community Business program. A couple dozen businesses will be given loans, financial help, and other support, including mentorship, training and more. The goal is to help small businesses, including MWBE ones, grow and revitalize the region. More data here

Read Also: Grants To Build Affordable Housing

Adidas Ifw: Reimagine Sport

To celebrate International Womens Day 2020, IFundWomen teamed up with adidas to jump start the next wave of women founders in the sports industry. Through this program, 15 women entrepreneurs have received grants & expert coaching to support the growth of their businesses. Now you can help define a new more inclusive future for the sports industry and fund their campaigns.

This application is now closed.

Grants For Minority Women

African American Grants

Business grants for minorities come in federal, state, or even through the county where ones business is located. Though there are other options such as third-party grants that are offered by agencies and organizations that are committed to helping women starting small businesses succeed.

As a minority woman starting her own business, the first step you want to take is to find grants that are tailored for your type of business.

When you are familiar with what type of grants to look for, the next step would then be to apply for these grants.

Applying and receiving grants do not happen without some commitment and some lengthy work on your part, but you can rest assured its a worthwhile business investment.

If you have always wondered, how to get government grants for minority businesses, or how to apply for minority business grants? You have come to the right place. Heres how to apply for grants for minority business owners below.

You May Like: Va Auto Grant Amount 2021

Comcast Rise Marketing And Technology Services

Comcast Rise has created several grants to help women of color to grow their businesses. Comcast Rise understands the impact and struggles that women of color face everyday, especially running a business. In June 2020, Comcast NBCUniversal announced the development of a comprehensive, multi-year plan to allocate $75 million in cash and $25 million in media over the next three years to fight injustice and inequality against any race, ethnicity, gender identity, sexual orientation or ability.

Eidl Targeted Advance Grant

Small business owners who apply for an Economic Injury Disaster Loan through the U.S. Small Business Administration may also be eligible for a Targeted Advance of up to $15,000. This is a grant that does not have to be repaid. This is not a competitive grant instead, business owners who qualify will receive the grant until funds are exhausted.

is currently closed to new applications.)

How to Apply

You must apply for the EIDL grant at

Recommended Reading: Catalog Of Federal Domestic Assistance Grant

Any Mwbe Veteran Or Lgbtq Owned Business

Annuity Payment Freedom is providing a small dollar microgrant each month. The program is known as BIPOC Small Business Grant, and it is ongoing. There is also marketing help, SEO for the grant winners and other support. A major focus is on Black owned businesses, and apply here.

First American Capital Corporation, Inc., or FACC, is a community lender that focuses on Native Americans. They offer SBA loans, Native American entrepreneurship classes and a development center, provide free counseling or legal services and more. When government grants and/or low cost, or interest free loans, are offered for Native American small business owners FACC can help with applications. Learn about the lender here.

Brookfield Malls is helping Black owned businesses, with a physical retail/brooks and mortar location, set up a store in one of their malls. The program is known as Partner to Empower. There is one on one guidance, mentoring, money to set up a store, lease payment assistance and more. There are also free classes and workshops on setting up a retail store. Read more here.

Additional Business Resources For Women

Top 4 Quick Apply Small Business Grants For Women

Women in business have more opportunities than ever before. With these grants, you have a little more ammunition to reach the next level in your business adventure. If you are looking for additional grant opportunities, be sure to read our list of grants for small businesses for a general audience.

Keep in mind that business isnt all about grants. While they help, remember to focus on your revenue, bottom line, and business credit score to keep other borrowing and capital opportunities available to you and your business. Here are additional resources that could help you grow your business.

Also Check: Grants For Small Business For Women

National Nuclear Security Administration

The National Nuclear Security Administration, which is an agency of the Department of Energy has established grants for African American women and other minorities who are interested in pursuing the HBCU STEM Fellowship Program.

This agency also provides fellowships and stipends to graduates who successfully completed their programs at any historically black colleges and universities who intend to follow up with a Masters level programs in science and technology, or in any mathematics and engineering field. More information can be obtained on this page.

The Usda Rural Business Enterprise Grant Program

The United States Department of Agricultures Rural Business Enterprise Grant Program is a program established to help create more financial opportunities for African American Business Owners and other minority business owners who would like to grow their businesses.

It is important to ensure that all of the programs are checked to make sure that the minority business owners who apply for these grants meet the eligibility of the grants. The program created a platform for these individuals to help create a seamless process for these black business owners to help build their businesses.

You May Like: California Grant Deed Fillable Form Free

Popular Articles