as well as through local initiatives. They may also find specific programs for their industry from various organizations. Some grants for minority business owners include Galaxy Grants from Galaxy of Stars, NAACP grants for Black-owned small businesses, and the Community Development Financial Institution...
This nonprofit focuses on creating more equity in lending by financing loans for minority-owned businesses and those operating in low-income communities.As a result, AOF offers term loans with relatively low interest rates (starting at 8.49 percent simple interest), even to borrowers who don’t ...
This is why donations are much harder to come by as compared to loans and applying for a grant can be very daunting especially for new and smaller businesses. With that said, you do not need to worry as we have put together this article on how to gain grants for businesses owned by wo...
Specialty business grants Government and corporate grants are available for specific populations, like women entrepreneurs and minority-owned businesses. If you fall within an underrepresented or unique demographic, you may be eligible for a minority business grant, such as those listed below. The Nativ...
However, some alternative financing solutions, such as small business grants for women, may be available solely for female entrepreneurs or minority business owners. Check the funding options below to find out more. Types of small business loans for women...
State and local loans for minorities Many of the financing options geared towards minority-owned businesses operate on the state and local level, which often results in specific lending options for industries and use-cases. Research your state’s unique loan programs...
Small businesses still account for over 80 percent of new job opportunities. The path to own and run a small business is open to everyone. In fact,minority groupsand those affected by adisastercan avail the various small business loans which are specifically designed for them. So do not be ...
Overview:Founded in 1866,Huntington Bankis a traditional regional bank based in Columbus, Ohio. Its Lift Local Business program launched in 2020 and supports women-owned businesses, along with minority- and veteran-owned businesses, throughout their lifecycle. Women-owned businesses have received32 pe...
. TheSBA's grant search toolcan connect you with options that might work for your startup. Check out MoneyGeek's business grants guides for more funding options:Small Business Grants: Your Guide to Finding Funding,Grants for LGBTQIA+ Business Owners, andGrants for Women-Owned Businesses....
$1.25 billion for shuttered venue operators $175 million to create a “community navigator” pilot program to increase awareness of and participation in COVID-19 relief programs for business owners currently lacking access, with priority for businesses owned by socially and economically disadvantaged ind...