The Amber Grant was created in 1998 to support and empower female business owners. It has a couple of great things going for it. One, the grants awarded are some of the higher dollar amounts on the market. Second, they award grants totaling $30,000 monthly. They have: Monthly Amber Gra...
Minority business grants are a type of funding for minority-owned businesses, usually small businesses. Unlike loans, grants do not have to be paid back, although they are generally considered by the Internal Revenue Service (IRS) to betaxablebusiness income.1 In the United States, minority busi...
Entrepreneurs are almost assured of encountering a hurdle or two before establishing a business. This can be true particularly in the minority business community. But thanks to a recently awarded federal grant, Ventura County minority business owners can now receive more assistance from local government...
owned business. While you can still apply for ordinary grants and loans, there are a variety of different programs and initiatives that work to help small business owners in underserved communities. Look into the available programs and see if any of them might be a good fit for your business...
Programs—In addition to federal set-aside programs, a variety of local, state, and federal agencies have extended help—whether in the form of legal expertise, grants, loans, or some other type of assistance—to encourage the establishment of minority-owned businesses. ...
One obstacle for minority business owners is that many banks participating in the low-interest, forgivable loan program are only issuing loans to existing clients to speed up the approval process that grants access to the money. Businesses owned by people of color are less likely to have commerci...
To help ease any challenges they might face, minority business owners should take full advantage of the opportunities offered to them through the right certification. There are various benefits, including easier access to federal contracts, mentoring opportunities, and special grants and loans for fundi...
The Minority Business Directory is a privately-owned business entity, not supported by any government grants or assistance. The Directory is a controlled circulation of classified listings and advertisements of community owned businesses and professionals, offering a wide range of goods and services. The...
However, as recognised by Time to Change, we know ethnic minorities still struggle with access to finance, language barriers, migration issues, mentoring, grants, partnerships, and the strong financial eco-system which is so often crucial to start up success and continued growth. We still have ...
Agency for minority businesses Barragán shared the relevance of passing the Minority Business Development Agency Act. She explained that a provision included in the bipartisan infrastructure law grants permanence to the Minority Business Development Agency (MBDA) and doubles the funds allocated to...