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Black-Owned. NAACP, in partnership with Hello Alice, is working to provide a growing resource of money, networks, and opportunities for one of the fastest-growing groups of small business owners in America. Learn More. Power Forward Small Business Grant.
The NAACP Powershift Entrepreneur Grant awarded Black entrepreneurs $500,000 live on Black Entrepreneurs Day with Shark Tank's Daymond John. Black Entrepreneurs from around the country were able to apply for the chance to win $25,000 each to help them grow and scale their businesses.
Black-owned and diverse businesses can seek grant funding through the Fast Break for Small Business program, which is sponsored by LegalZoom as well as the NBA, WNBA and NBA.
In this article, we’ve compiled a comprehensive list of 45 small business grants tailored for Black-owned businesses. From federal funding opportunities to private foundations, these grants can help you achieve your business goals.
$100,000 grants through “The Next Black Millionaires” program; $10,000 grants through Community Impact Grant for U.S. Black-owned businesses operating for at least one year
Eligible business owners can apply for the grant online here, starting today through September 6, 2022. The CBBB is a multi-year initiative created by the U.S. Chamber Foundation and American Express to support the long-term success and resilience of Black-owned small businesses.
Grants.gov, a federally operated website, offers more than 1,000 funding opportunities for entrepreneurs, including those owned by minority owners. You sign up on the website, and search for available grants provided by federal agencies, including the U.S. Small Business Administration and the Department of Commerce.