Top Small Business Grants for Minorities

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How Small Business Grants for Minorities Work
Startup costs Equipment Marketing Payroll Office space New product line
Where to Find Small Business Grants for Minorities
1. NAACP Black-Owned Business Grants
2. GrantWatch
3. Galaxy Grants
You must be a minority and/or woman who owns or is about to start a business You need to be at least 18 years old You need to be a legal resident of the U.S. You need to be a Galaxy of Stars member
4. First Nations Development Institute
Native Youth Business Plan Competition: High school, college, and university students present a business plan. They could win up to $2,500, travel to the final competition, and network with adult Native American business owners. Applicants don't need to be actively starting a business. Keepseagle Fast-Track Grants to Support Native Farmers & Ranchers: Native American farmers and ranchers can apply for grants that will support them in various business areas, such as training, finding capital, and engaging with opportunities. No matter the use, the money must improve conditions for Native American farms and ranches.
Applicant needs to serve rural or reservation communities Be part of a Federal- and State-Recognized Tribal Government 501(c)(3) nonprofit, Native 7871 organization, or fiscally sponsored organization for Native communities Individuals, schools, and organizations must be Native- or tribal-run
5. SheaMoisture x Fearless Fund
SheaMoisture Salon Innovation Grant
Must be a licensed stylist Business must be at least one year old (even if not full time) Must have revenue and a business plan Must be in the U.S. or Washington, D.C. Business owner must be at least 18 years old Company must be at least 51% Black-owned Company can't currently use mass retail distribution
6. Comcast RISE
Business owner must be a person of color Company must be in Houston, Miami, Oakland, Seattle, Minneapolis-St. Paul, or Washington, D.C. (as of 2021) Business must be "G-rated" (e.g., no adult services or marijuana dispensaries, even where legal), non-religious, and apolitical, among other restrictions
7. Visa She's Next Black Women-Owned Business Grant Program
Are There Federal Grants for Minority Small Business Owners?
How Do I Apply for a Small Business Grant for Minorities?
Other Resources for Minority Business Owners
National Minority Supplier Development Council
SBA Microloan Program
Operation Hope’s Small Business Development Program
SBA’s 8(a) Business Development Program
Small Business Loans
SOLC20011
About the Author
Susan Guillory is the president of Egg Marketing, a content marketing firm based in San Diego. She’s written several business books, and has been published on sites including Forbes, AllBusiness, and Cision. She enjoys writing about business and personal credit, financial strategies, loans, and credit cards. Follow her on Twitter @eggmarketing.
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