Search results for: black businesses

If you are a Black-owned business, you may have experienced some challenges during the pandemic, and perhaps, found ways to navigate through them. Black-owned businesses have had to deal with numerous challenges when it comes to starting and growing their businesses. Whatever business you may be running as a Black-business owner, you sure can relate …

The $100M U.S. Government Small Business Navigator Grant Program is finally here, and the questions about applying and receiving these grants are pouring in. AfricanAmericanGrants.org is committed to ensuring that you get the latest grant updates on the SBA pilot program as they unfold. The SBA grant just launched on May 25th focuses on small …

The U.S. Small Business Administration (SBA) has just announced a $100 Million Community Navigator grant for Small Businesses today May 25th. There have been several funding options from the SBA since the pandemic, these funding range from small business grants to loans and other financial support to help small businesses. The current PPP loan that …

The Google Grant for Black-Owned Businesses offers non-dilutive cash grants to Black-led businesses that have taken part in its initiatives or that have been shortlisted by the Google partner community or a past recipient. The Google for Startups Black Founders Fund offers financial awards and practical-oriented support to Black business owners to allow them to …

Capital One Grants for Black Businesses is intended to assist minority business owners in keeping their businesses afloat. During the high point of the global epidemic, 53% of Black-owned businesses saw their income fall by at least half. Owing to that, Capital One collaborated with the Association for Enterprise Opportunity (AEO) to start the Capital …

Yes, there are available grants specifically for black women-owned businesses in the United States of America. The truth is that black women are known to be industrious, but some of them struggle to start their own businesses because of the paucity of funds. Grants for minority businesses may appear to be few and far between. …

Local Initiatives Support Corporation (LISC) is an organization that is committed to supporting small businesses to grow and achieve their potential. The Local Initiatives Support Corporation is committing $122 million to support Black-owned businesses in 2023. If you are starting a Black-owned business even from the comfort of your home, this grant can help you …

Black-owned businesses have grown tremendously in the last few years in many ways than one. According to Wells Fargo, in 2019, about 35% of Black-owned businesses were owned by women, which is 10% more than the share of female-owned businesses in the overall US economy. Black women are starting businesses when it comes to creating …

The Black-owned business grew exponentially given rise to new entrepreneurs and business executives in diverse business fields. The growth is continually expanding, and as such, finding supporting funding can help create the desired development needed to create the necessary minority-owned business expansion. If you have a Black-owned business or just starting one, this article will …

Did you know that more than half of the workforce is employed by 99% of American small businesses? Many small businesses could not access the Paycheck Protection Program by the Small Business Administration (SBA). As a result, several small businesses had to look for other funding options to help their struggling businesses. Many of these …

Do you own or start a Black-owned business? You can now list your business on our website’s AfricanAmericanGrants.org’s Black-owned business directory. As 2023 is fast approaching, one thing you can do is to think of ways you can grow your Black-owned business to heights that you desire. We update our business directly daily, so your …

If you one interested in Black-owned businesses and are not sure to look, this complete guide will help guide you in the right direction. This article will act as a guide to help you understand what qualifies as a Black-owned business, how to source, apply, and get approved for grants to start your Black-owned business. …

Black entrepreneurs account for 2.6 million businesses in the U.S. as of 2012. No doubt, Black-owned businesses make up almost 10% of all business ventures, and 46% of black entrepreneurs are Black women — which accounts for the highest percentage compared with other statistics in the same spheres. In spite of the huge impact and progress that Black-owned businesses, Black …

Black Girl Ventures helps Black and Brown female-owned businesses and/or entrepreneurs. They help minorities access capital, apply for grants, get loans (even if they have poor credit), and the organization offers other support as well. There is an ongoing list of assistance programs offered by partners of the organization, including non-profits, banks, and corporations.  Read more …

Jennifer Hudson in partnership with Mastercard has launched a grant program — Fearless Strivers Grant Contest. Their mission is to bridge the gap in venture capital funding for women of color founders building scalable, growth aggressive companies. Fearless Fund is built by women of color for women of color. Black businesses are vital to the …

The fund targets Black-owned brick and mortar businesses as the foundation for economic activity and the future of the Black economy. While Black businesses already lead in innovation, culture and resiliency, the capital deployment ecosystem has failed to provide a path to sustainability and scale that actualizes potential into economic empowerment. COVID-19 and the resulting …

Are you a black business owner who’s struggling to make ends meet in this pandemic? Are you aware of the best relief financial packages that you qualify for? You may have a thousand and one questions as to how to go about finding the right grants for your business, and that’s why we’re here. There …

Yes, there are available grants for Hispanic small businesses in the United States of America. Hispanics are the fastest-growing economic sector and the demographic among American entrepreneurs. This is a result of their strong entrepreneurialism which has allowed them to contribute billions annually to the American economy. Claritas estimates that 14 percent of the approximately …

Yes, there are available grants for black-owned nonprofits in the United States of America. The truth is that there are loads of initiatives that are geared toward supporting African-Americans but funding has become a major setback for such initiatives. Good enough, there are some organizations that have dedicated funds to support black nonprofit organizations. These …

Yes, there are available grants for black single mothers to start their businesses in the United States of America. The fact that black single mothers have to carter for their kids alone and also take care of themselves means that they can only survive the society if they receive some form of support from the …

Yes, there are available grants for black women in tech. This industry is dominated by men, but there are women who are making an impact, and they are struggling to be recognized in the United States and across the globe. Finance has been a major challenge most industries are facing. Owing to that, some organizations …

Yes, there are available grants for black business owners in Canada. It might interest you to note that grants have been the lifeline of most small businesses not just in Canada, but all across the world. The truth is that most small businesses fail within their first three years and those that are able to …

Yes. There are available grants for black business owners in Ontario. This is a province in Canada that has the highest number of blacks, which is about 627,715 (4.7%), and a good number of them have personal businesses they operate. Most of the black-owned businesses in Ontario usually depend on grants to expand their businesses. …

The Backing Black Business Small Business Grant is made available by a collaboration between Reimagine Main Street and foremost organizations serving Black women entrepreneurs, as well as financial support from Meta. This initiative allows you to gain access to professional tools from dependable partners and organizations dedicated to the progress of Black women-owned small businesses. …

It is important to note that the US Small Business Administration does not provide grants specifically for black businesses; rather, grants are provided to nonprofits, resource partners, and academic institutions that promote business growth via guidance and mentoring initiatives. SBA is among the largest online business centers that offer details on business coaching and counseling, …

The Goldman Sachs Grant for Black Women is part of the one million black women initiatives, which aims to allocate $10 million over a multi-year grant scheme, to scale nonprofit organizations’ initiatives that focus on improving the lives of black women. Goldman Sachs created the grant scheme in response to information from black women’s non-profit …

The New Voice Fund Grant is a $100 million funding initiative set in place by SheaMoisture haircare and skincare products founder Richelieu Dennis. The fund is tailored toward women business owners of color. The financial support was founded to help close the financial shortfall among female business owners. Black women’s entrepreneurship is rapidly increasing. Women …

Yes, there are available grants for black farmers. There are grants strictly meant for black farmers in the United States and there are equally grants that black farmers are given preferences. From time immemorial, in the United States of America, farmers of color (black farmers inclusive) have been systematically discriminated against. Some of the opportunities …

The Tory Burch Foundation Grant is a Fellows Program that gives women the resources and gateway they need to expand their companies. The Tory Burch program was introduced in 2015 to provide women business owners with the resources they need for their businesses. The foundation has awarded over $1.5 million in grants to six groups …

American Express Grants for Black Businesses are available through the Coalition to Back Black Businesses, a distinctive partnership in September 2020 with the U.S. Chamber of Commerce Foundation, as well as four notable enterprises, such as the National Black Chamber of Commerce. The inaugural resources were used to pay workers, settle liabilities, pay lease and …

PayPal grants for black businesses offer up to $10,000 to over 1,000 black-owned businesses that have been extensively affected by the COVID-19 pandemic and public strife. These grants will help Black entrepreneurs offset the cost of restarting their companies that were affected by COVID-19 or public strife. Applicants are expected to be small business owners …

Amazon Grants for Black Business is Amazon’s new Black Business Accelerator designed to assist Black entrepreneurs in succeeding as Amazon sellers. The principal goal is to assist black businesses in the United States in growing and to aid in the struggle against racism and disparities. Chosen fellows will be able to expand their businesses with …

Facebook grant for Black Business is Facebook’s pledge to provide over $40 million in grant funding primarily for Black-owned businesses. It should be noted that any company that is mostly Black-owned and also has around one and 50 employees may apply for this grant. Facebook intends to provide grants to up to 10,000 Black-owned businesses …

Target grants for black businesses are Target’s commitment to devote $2 billion to Black-owned businesses by the end of 2025. Since making the commitment; the retail chain has multiplied its financing in Black-owned products, businesses, and vendors by more than 50%. There are other financing alternatives open to BIPOC small businesses, but Target is at …

Global fund for women is a great grant program that women who are seeking startup funds can apply for to launch their businesses. Starting a new business can be quite challenging, financially and mentally. However, knowing how to access grants to help you launch your business can provide a valuable foundation to help you succeed. Grants …

The saying that when America gets a cold, Black Americans get pneumonia holds true in this Covid economy more than anything. The economic effects of the pandemic have been quite challenging for Black Americans, particularly for business owners who are already struggling to keep their businesses afloat. The troubling aftermath is still something that African …

Black women are opening businesses more than ever. These businesses need funding to survive, and grant-issuing agencies are rising to the top to support Black women’s businesses. If you have started your own business, planning one, and need grants to help you launch your business idea, this grant is for you. Whatever your business idea …

Black business owners and entrepreneurs often face challenges in getting funding for their businesses and startups. According to NerdWallet, BIPOC applying for business loans were more often asked to show way more documentation, from income verification to tax documents, bank accounts, and business assets in comparison to white applicants. Indeed, the racial funding gap between …

Black-owned businesses are growing at a rate that is quite instrumental when it comes to e-commerce launchings, amongst other new business inventions. Now, the question is, what is responsible for driving the growth that we see in Black-owned businesses’ growth and funding opportunities? Well, there are multiple factors that contribute to the growth of Black-owned …

There are opportunities for Black-owned businesses that are starting in 2023, especially in the areas of grants. If you are starting your own business and need grants to help you get started, we are going to help point you in the right direction. The first thing to remember is that there are available grants for …

The dispatch and logistics industry is one of the fastest-growing industries today. As more people are going into this space, more funding opportunities are being sought after to help with growing businesses established in this field. We shall take a look at the different aspects of the dispatch business, funding, logistics, and much more. If …

Invoice2go grant is a grant platform that provides tools that helps you run your small business. Now you can add a $200,000 small business grant added to what Invoice2go has decided to do to support minority small businesses. If you own, run, or thinking of starting a Black-owned business, and need the grant to launch …

If you have ever wondered about black owned salons near me, or you happen to have a beauty salon business, you already know how important finding grants for your business is. The process for finding and receiving grant funding to start a salon business may appear quite tedious for new business owners, but the process …

No doubt the distance between the state of funding for small businesses and Black-owned businesses is massive. Though there has been a significant rise in the amount of funding that minority fintech companies and other startups in different industries, the gap is still widening by the day. According to Fortune‘  Despite the growth that has …

In the era of supporting Black-owned businesses, it is important to remember diverse areas of representation that are seemingly lacking. One of such areas has to be with starting a tea company. There has been some growth in this area, although it’s still in its nascent stages. If you are considering starting a Black-owned tea …

The great awakening in the Black and minority entrepreneurial space is growing fast. According to Census.gov, Blacks or African Americans owned approximately 124,551 businesses and Black women are fast-growing in their entrepreneurial journey and leaning toward side hustles and self-reliance. As a Black woman starting her own business, finding some sort of funding to help …

Finding grants for minority businesses today can appear quite challenging for many. However, we are here to change that. If you run a Black-owned business, you have options when it comes to accessing grants that you need to start and grow your business. The first thing you want to do is ensure that you do …

Fearless Fund partnered with Tory Burch Foundation, One Million Black Women Joint Initiative for this grant program. The Fearless Fund program provides funding support for minority women who are starting their businesses and need grants to get things going. The Fearless Fund organization was founded by Arian Simone, who is the current President and Chief …

What is Venture Capital? Venture capital is a major subset of a financial institution known as private markets. Harvard Business School explains that The U.S. venture-capital industry is envied throughout the world — viewed as an engine that drives economic growth. Though the current situation of the African-American business climate may appear to romanticize the …