{"id":203102,"date":"2021-04-28T13:32:47","date_gmt":"2021-04-28T20:32:47","guid":{"rendered":"https:\/\/www.nationalfunding.com\/blog\/?p=203102"},"modified":"2021-04-28T13:36:56","modified_gmt":"2021-04-28T20:36:56","slug":"7-minority-grants-for-small-businesses","status":"publish","type":"post","link":"https:\/\/www.nationalfunding.com\/blog\/7-minority-grants-for-small-businesses\/","title":{"rendered":"7 Minority Grants for Small Businesses"},"content":{"rendered":"

Minority small business grants are available through both the government and the private sector. Grants.gov<\/a> lists more than 1,000 grants by region, business type, and ownership.<\/p>\n

Here are seven grants available to minority small business owners.<\/p>\n

1. Small Business Administration<\/h2>\n

The American Rescue Plan Act, administered by the Small Business Administration<\/a>, covers grants for small businesses, including one designated for businesses that closed during the pandemic. Eligible applicants can qualify for grants equal to 45% of their gross earned revenue, up to $10 million.<\/p>\n

2. Minority Business Development Agency<\/h2>\n

The Minority Business Development Agency<\/a> was created to support minority-owned small businesses. Each year, the agency connects business owners to financing resources and hosts grant competitions.<\/p>\n

3. United States Department of Agriculture<\/h2>\n

The United States Department of Agriculture<\/a> offers more than $9 million in assistance to minority farmers and ranchers to help them buy, own and operate farms and ranches and equitably participate in USDA programs.<\/p>\n

4. The Coalition to Back Black Businesses<\/h2>\n

The Coalition to Back Black Businesses<\/a> provides immediate grants and long-term support to Black small businesses in economically vulnerable communities as they recover from the economic effects of the pandemic. The coalition will distribute $5,000 grants \u2014 and a select few $25,000 grants \u2014 through 2023.<\/p>\n

5. National Black MBA Association<\/h2>\n

The National Black MBA Association<\/a> provides grants and prizes between $1,000 and $50,000 through its annual Scale-Up Pitch Challenge. The competition is open to Black founders of African descent whose ideas and concepts for a startup company are in the initial or early stages of development.<\/p>\n

6. First Nations Development Institute<\/h2>\n

The nonprofit First Nations Development Institute<\/a> is dedicated to improving economic conditions in Native communities through grants and technical assistance and training. It has awarded more than $43 million to Native American projects and organizations.<\/p>\n

7. FedEx Small Business Grant<\/h2>\n

FedEx<\/a> hosts an annual contest for small business owners; 12 finalists receive grants, and the top prize is $50,000. The contest is open to U.S. residents who have owned a business for at least six months and have a valid FedEx shipping account number.<\/p>\n

Other Funding Avenues<\/h2>\n

Funding is available for persistent business owners who explore every option for getting the money their businesses need. Grants for minority small business owners<\/a> can be great cash infusions, but they’re not guaranteed. Minority business owners might also find more success in obtaining a small business loan<\/a> from an alternative lender, which takes a more personal approach to the approval process, than a traditional bank.<\/p>\n","protected":false},"excerpt":{"rendered":"

Minority-owned businesses have been hit hard during the pandemic. These 7 grants can offer some help during the recovery process.<\/p>\n","protected":false},"author":9,"featured_media":203103,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[198,147],"class_list":["post-203102","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-financial-health","tag-minority-businesses","tag-small-business-grants"],"yoast_head":"\n7 Minority Grants for Small Businesses<\/title>\n<meta name=\"description\" content=\"Minority-owned businesses have been hit hard during the pandemic. These 7 grants can offer some help during the recovery process.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.nationalfunding.com\/blog\/7-minority-grants-for-small-businesses\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"7 Minority Grants for Small Businesses\" \/>\n<meta property=\"og:description\" content=\"Minority-owned businesses have been hit hard during the pandemic. These 7 grants can offer some help during the recovery process.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.nationalfunding.com\/blog\/blog\/wp-json\/wp\/v2\/posts\/203102\" \/>\n<meta property=\"og:site_name\" content=\"The Bottom Line by National Funding\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/national.funding\/\" \/>\n<meta property=\"article:published_time\" content=\"2021-04-28T20:32:47+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2021-04-28T20:36:56+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/blog.nationalfunding.com\/wp-content\/uploads\/2021\/04\/Blog-Image-Small-Business-Minority-Grants.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1440\" \/>\n\t<meta property=\"og:image:height\" content=\"800\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Stephanie Vozza\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@NationalFunding\" \/>\n<meta name=\"twitter:site\" content=\"@NationalFunding\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Stephanie Vozza\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.nationalfunding.com\/blog\/7-minority-grants-for-small-businesses\/\",\"url\":\"https:\/\/www.nationalfunding.com\/blog\/7-minority-grants-for-small-businesses\/\",\"name\":\"7 Minority Grants for Small Businesses\",\"isPartOf\":{\"@id\":\"https:\/\/www.nationalfunding.com\/blog\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.nationalfunding.com\/blog\/7-minority-grants-for-small-businesses\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.nationalfunding.com\/blog\/7-minority-grants-for-small-businesses\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/blog.nationalfunding.com\/wp-content\/uploads\/2021\/04\/Blog-Image-Small-Business-Minority-Grants.jpg\",\"datePublished\":\"2021-04-28T20:32:47+00:00\",\"dateModified\":\"2021-04-28T20:36:56+00:00\",\"author\":{\"@id\":\"https:\/\/www.nationalfunding.com\/blog\/#\/schema\/person\/ec01609df5d88c096f8c6d0a8afe2a5b\"},\"description\":\"Minority-owned businesses have been hit hard during the pandemic. These 7 grants can offer some help during the recovery process.\",\"breadcrumb\":{\"@id\":\"https:\/\/www.nationalfunding.com\/blog\/7-minority-grants-for-small-businesses\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.nationalfunding.com\/blog\/7-minority-grants-for-small-businesses\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.nationalfunding.com\/blog\/7-minority-grants-for-small-businesses\/#primaryimage\",\"url\":\"https:\/\/blog.nationalfunding.com\/wp-content\/uploads\/2021\/04\/Blog-Image-Small-Business-Minority-Grants.jpg\",\"contentUrl\":\"https:\/\/blog.nationalfunding.com\/wp-content\/uploads\/2021\/04\/Blog-Image-Small-Business-Minority-Grants.jpg\",\"width\":1440,\"height\":800,\"caption\":\"Small Business Minority Grants\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.nationalfunding.com\/blog\/7-minority-grants-for-small-businesses\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.nationalfunding.com\/blog\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"7 Minority Grants for Small Businesses\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.nationalfunding.com\/blog\/#website\",\"url\":\"https:\/\/www.nationalfunding.com\/blog\/\",\"name\":\"The Bottom Line by National Funding\",\"description\":\"Read National Funding's small business blog for tips and suggestions on how to grow your business by focusing on different aspects of business operations.\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.nationalfunding.com\/blog\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.nationalfunding.com\/blog\/#\/schema\/person\/ec01609df5d88c096f8c6d0a8afe2a5b\",\"name\":\"Stephanie Vozza\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.nationalfunding.com\/blog\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/737fe23c312a213e2dbd7949c756d8a677257708e29d0720a556f5c3ce63f15d?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/737fe23c312a213e2dbd7949c756d8a677257708e29d0720a556f5c3ce63f15d?s=96&d=mm&r=g\",\"caption\":\"Stephanie Vozza\"},\"description\":\"Stephanie Vozza is an experienced writer who specializes in small business, finance, HR, retail and real estate. She has been a regular columnist for FastCompany.com for more than three years, earning some of the site's highest page views. Her byline has also appeared in Inc., Entrepreneur and Parade, and she has written for companies that include LinkedIn, Staples, Hewlett Packard Enterprises, Capital Impact and Century 21. She was recently named one of the top business writers by HubSpot. Stephanie is also the founder of The Organized Parent, a website that offers product and tips to streamline family life; she sold the company to FranklinCovey in 2011.\",\"url\":\"https:\/\/www.nationalfunding.com\/blog\/author\/stephanie-vozza\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"7 Minority Grants for Small Businesses","description":"Minority-owned businesses have been hit hard during the pandemic. These 7 grants can offer some help during the recovery process.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.nationalfunding.com\/blog\/7-minority-grants-for-small-businesses\/","og_locale":"en_US","og_type":"article","og_title":"7 Minority Grants for Small Businesses","og_description":"Minority-owned businesses have been hit hard during the pandemic. These 7 grants can offer some help during the recovery process.","og_url":"https:\/\/www.nationalfunding.com\/blog\/blog\/wp-json\/wp\/v2\/posts\/203102","og_site_name":"The Bottom Line by National Funding","article_publisher":"https:\/\/www.facebook.com\/national.funding\/","article_published_time":"2021-04-28T20:32:47+00:00","article_modified_time":"2021-04-28T20:36:56+00:00","og_image":[{"width":1440,"height":800,"url":"https:\/\/blog.nationalfunding.com\/wp-content\/uploads\/2021\/04\/Blog-Image-Small-Business-Minority-Grants.jpg","type":"image\/jpeg"}],"author":"Stephanie Vozza","twitter_card":"summary_large_image","twitter_creator":"@NationalFunding","twitter_site":"@NationalFunding","twitter_misc":{"Written by":"Stephanie Vozza","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/www.nationalfunding.com\/blog\/7-minority-grants-for-small-businesses\/","url":"https:\/\/www.nationalfunding.com\/blog\/7-minority-grants-for-small-businesses\/","name":"7 Minority Grants for Small Businesses","isPartOf":{"@id":"https:\/\/www.nationalfunding.com\/blog\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.nationalfunding.com\/blog\/7-minority-grants-for-small-businesses\/#primaryimage"},"image":{"@id":"https:\/\/www.nationalfunding.com\/blog\/7-minority-grants-for-small-businesses\/#primaryimage"},"thumbnailUrl":"https:\/\/blog.nationalfunding.com\/wp-content\/uploads\/2021\/04\/Blog-Image-Small-Business-Minority-Grants.jpg","datePublished":"2021-04-28T20:32:47+00:00","dateModified":"2021-04-28T20:36:56+00:00","author":{"@id":"https:\/\/www.nationalfunding.com\/blog\/#\/schema\/person\/ec01609df5d88c096f8c6d0a8afe2a5b"},"description":"Minority-owned businesses have been hit hard during the pandemic. These 7 grants can offer some help during the recovery process.","breadcrumb":{"@id":"https:\/\/www.nationalfunding.com\/blog\/7-minority-grants-for-small-businesses\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.nationalfunding.com\/blog\/7-minority-grants-for-small-businesses\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.nationalfunding.com\/blog\/7-minority-grants-for-small-businesses\/#primaryimage","url":"https:\/\/blog.nationalfunding.com\/wp-content\/uploads\/2021\/04\/Blog-Image-Small-Business-Minority-Grants.jpg","contentUrl":"https:\/\/blog.nationalfunding.com\/wp-content\/uploads\/2021\/04\/Blog-Image-Small-Business-Minority-Grants.jpg","width":1440,"height":800,"caption":"Small Business Minority Grants"},{"@type":"BreadcrumbList","@id":"https:\/\/www.nationalfunding.com\/blog\/7-minority-grants-for-small-businesses\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.nationalfunding.com\/blog\/"},{"@type":"ListItem","position":2,"name":"7 Minority Grants for Small Businesses"}]},{"@type":"WebSite","@id":"https:\/\/www.nationalfunding.com\/blog\/#website","url":"https:\/\/www.nationalfunding.com\/blog\/","name":"The Bottom Line by National Funding","description":"Read National Funding's small business blog for tips and suggestions on how to grow your business by focusing on different aspects of business operations.","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.nationalfunding.com\/blog\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.nationalfunding.com\/blog\/#\/schema\/person\/ec01609df5d88c096f8c6d0a8afe2a5b","name":"Stephanie Vozza","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.nationalfunding.com\/blog\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/737fe23c312a213e2dbd7949c756d8a677257708e29d0720a556f5c3ce63f15d?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/737fe23c312a213e2dbd7949c756d8a677257708e29d0720a556f5c3ce63f15d?s=96&d=mm&r=g","caption":"Stephanie Vozza"},"description":"Stephanie Vozza is an experienced writer who specializes in small business, finance, HR, retail and real estate. She has been a regular columnist for FastCompany.com for more than three years, earning some of the site's highest page views. Her byline has also appeared in Inc., Entrepreneur and Parade, and she has written for companies that include LinkedIn, Staples, Hewlett Packard Enterprises, Capital Impact and Century 21. She was recently named one of the top business writers by HubSpot. Stephanie is also the founder of The Organized Parent, a website that offers product and tips to streamline family life; she sold the company to FranklinCovey in 2011.","url":"https:\/\/www.nationalfunding.com\/blog\/author\/stephanie-vozza\/"}]}},"_links":{"self":[{"href":"https:\/\/www.nationalfunding.com\/blog\/wp-json\/wp\/v2\/posts\/203102","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.nationalfunding.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.nationalfunding.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.nationalfunding.com\/blog\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/www.nationalfunding.com\/blog\/wp-json\/wp\/v2\/comments?post=203102"}],"version-history":[{"count":3,"href":"https:\/\/www.nationalfunding.com\/blog\/wp-json\/wp\/v2\/posts\/203102\/revisions"}],"predecessor-version":[{"id":203110,"href":"https:\/\/www.nationalfunding.com\/blog\/wp-json\/wp\/v2\/posts\/203102\/revisions\/203110"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.nationalfunding.com\/blog\/wp-json\/wp\/v2\/media\/203103"}],"wp:attachment":[{"href":"https:\/\/www.nationalfunding.com\/blog\/wp-json\/wp\/v2\/media?parent=203102"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.nationalfunding.com\/blog\/wp-json\/wp\/v2\/categories?post=203102"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.nationalfunding.com\/blog\/wp-json\/wp\/v2\/tags?post=203102"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}