9 small business grants you should know about

The number of African American small business owners in the United States has increased by a staggering 400% in just a year. As the number of black women-owned businesses continues to rise, one of the most important challenges that they face is insufficient access to funds.  Finding funding for African American businesses can be an extremely difficult task. So, we are here to help!

We know growing a business requires working capital and we want to make accessing capital easier for you and your business! We’ve rounded up 9 upcoming grant opportunities for women and non-binary small business owners—including opportunities to elevate Black women-owned businesses this Black History Month and beyond.

 

The Boss Network & Sage's Invest in Progress Grant

25 Black women entrepreneurs in the first five years of their entrepreneurial journey will receive $10,000 in grants and one year of monthly mentorship through the BOSS Business University.

 

Barclays Small Business Big Wins

Share your small business’s story for a chance to win $60,000. Winning stories will receive one of 60 cash prizes starting at $2,000, with a Grand Prize of $60,000.

 

NGLCC & Grubhub’s Community Grant Program

The NGLCC Community Impact Grant Program provides LGBTQ+-owned and allied restaurants, cafes, bars serving food, and other eating establishments a financial lifeline with grants ranging from $10,000 to $25,000.

 

Shipt’s LadderUp Accelerator

LadderUp is an 8-week accelerator program that provides $5,000 grants, e-commerce-focused technical assistance, and mentorship to help small businesses thrive in an evolving marketplace.

 

Ladies Who Launch Small Business Grant & Mentorship Program

The Launch Program provides women and non-binary small business owners capital through a $10,000 grant, mentorship from industry experts, and six months of free education.

 

Founders First CDC National Kitty Fund⁠

The Kitty Fund will make investments of $1,000 to 25 businesses run by moms with two or more employees.

 

SoGal Foundation Black Founder Startup Grant

Several Black women or non-binary entrepreneurs will be awarded $10k and $5K cash grants, including help navigating the fundraising environment at large and lifetime "ask-me-anything" access to the SoGal Foundation and SoGal Ventures teams.

 

Women's Business Enterprise Alliance (WBEA)

Headquartered in Houston, the Women's Business Enterprise Alliance (WBEA) serves over 94 counties in Texas with women business enterprise certification, business consultations, training, networking, and recognition designed to spark growth in business sustainability and diverse suppliers.  Whether you are a governmental agency, corporation or small business of any size, the WBEA can help your business maximize performance.

 

Kargo

Leveraging the power of advertising, Kargo is celebrating diversity and economic inclusion by helping BIPOC-owned businesses expand their digital reach - at no cost.

Leave a comment

All comments are moderated before being published