Grants
Grants are a great way to build capital. As many minority business owners face challenges when finding ways to start their small business, business grants and financial assistance can help close the funding gap. Below, several small-business loans available to minorities have been listed. To find more, click here.
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Grant Tip
Use participant stories, quotes, and pictures in your grant reports. This will help your funders visualize the difference they've made.
1
Grants.gov
With grants.gov, it allows grant seekers to find and apply for federal funding opportunities. It contains information on more than 1,000 grant programs across federal grant-making agencies, like the Department of Commerce and the U.S. Small Business Administration. To learn more, be sure to check out Grants.gov and create an account.
2
National Association for the Self-Employed
The National Association for the Self-Employed is a nonprofit trade association that provides educational resources and grants for small business entrepreneurs. Click here to apply for a grant of up to $4,000, following certain guidelines and requirements listed on their website.
3
Operation Hope Small-Business Empowerment Program
This program is designed to help out aspiring entrepreneurs from low-income neighborhoods. It combines business training and financial counseling along with access to small-business financing options. Those who participate complete a 12-week training program, and workshops relating to finance and money management. To learn more, click here.
4
FedEx Small Grant Business Contest
This annual grant contest awards 12 small businesses with grants up to $50,000. Check eligibility requirements here.
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