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 that award grants have decided to offer financial assistance to women entrepreneurs from different industries, including black women who are in the tech space and may want to start a business or those who are already in it, but need funds to expand the business.

Available Grants For Black Women in the Tech Industry

  1. AEO and PayPal Grant

AEO and PayPal Grant is a grant program that is designed to support women who are in business, including black women who are in the tech space. This is a voice of innovation for microfinance and microbusiness. AEO engineers transformational change through Research, Incubation, Convening, and Advocacy to foster a robust and inclusive marketplace.

AEO is a company that is committed to addressing economic inclusion by creating transformative change. They collaborate with other organizations that share the same vision as them, as it relates to empowering women entrepreneurs for the purpose of driving wealth creation in some neglected communities through entrepreneurship.

Their partnership with PayPal is promoting the PayPal Empowerment Grants for Black Businesses Program, and the program will give up to $10,000 in grants to more than 1,000 black-owned businesses in the United States. Other businesses in the tech industry are also beneficiaries of this grant.

Requirements
  • The business must be owned by black entrepreneurs
  • The business must be domiciled in the United States of America
  • You are required to meet other eligibility requirements that will be stated when the grant opportunity is announced
How to Apply

You should fill out the application form on their website and upload the required documents as stated on the website You can also send them a mail via info@aeoworks.org for more inquiries.

  1. Lowe’s-LISC Grant for Minority or Women-Owned Small Businesses

Lowe’s-LISC Grant for Minority or Women-Owned Small Businesses aims to support and impact businesses that are struggling to stand in some rural communities in the United States. The organization (LISC) has partnered with Lowe’s to offer what is called “Rural Relief Small Business Grants” to small business owners (tech business inclusive).

This grant program targeted at businesses in rural communities in the United States is part of Lowe’s $55 million commitment to LISC to provide the required grant assistance small business owners need to keep their businesses moving.

The grants awarded by Lowe’s-LISC Grant for Minority or Women-Owned Small Businesses are up to $20,000 to assist rural small businesses to meet the following needs:

  • To pay rent and utility bills
  • To meet up with payroll expenses
  • To offset outstanding debt to vendors
  • To upgrade technology infrastructures
  • To take care of other operational costs
Requirements
  • Your business must be located in a rural community in the United States
  • You must prove that you are incapable of raising the capital needed to operate the business
  • The business must be owned by a woman who is a minority (a black woman)
How to Apply

You should fill out the application form on their website and upload the required documents as stated on the website.

  1. IFundWomen and VISA Global She’s Next Grant Program

IFundWomen in partnership with Visa has created access to funding and education for women-owned small businesses around the world through the Visa She’s Next Grant Program. In subsequent years, they are expected to launch global programs that will offer monetary grants and coaching memberships to entrepreneurs in more than 10 countries across the globe.

IFundWomen is an organization that provides a platform for women-owned businesses to access funds via small business grants, online fundraising, a collaborative entrepreneur community, expert coaching, professional creative production, and an industry you can leverage to launch and grow your business.

Requirements
  • The business must be owned by a woman.
  • The business must be domiciled in the 10 countries that will be announced once the application is opened to the public.
How to Apply

You should fill out the application form on their website and upload the required documents as stated on the website.

  1. The Black Founder Startup Grant

The Black Founder Startup Grant program is offered by the SoGal Foundation and other sponsors. The aim is to provide business grants to black women who own a business (tech-related business inclusive) and would want to scale up the business or even those who want to start a tech-related business.

SoGal Foundation gives grants of up to $10,000 and they also provide business mentoring and every support required to grow the business. SoGal partners with Bluemercury, twelve NYC, and Twilio, Winky Lux to choose those that are qualified for their $10,000 and $5,000 grants.

Requirements
  • You must be a black woman or nonbinary entrepreneur​
  • You must have an existing business
  • You must have a well-written business plan document.
How to Apply
  • Visit their official website to follow the instruction stated there
  • Submit all the necessary documents.
  1. The Amber Grant

The Amber Grant is yet another grant program that is open to black women entrepreneurs who are operating in the tech space. It was founded by WomensNet in 1998 and established with the purpose to honor the memory of Amber Wigdahl, a young woman who died before realizing her business dreams at the age of 19.

WomensNet has given out about $30,000 from Amber Grant’s money. In recognition of the diversity of businesses owned by women, the Amber Grant expanded their grant-giving to include “Business Category Grants,” “Marketing Grants,” as well as two “$25,000 Year End Grants.” Most of the beneficiaries of these grants are black women entrepreneurs and aspiring entrepreneurs.

Requirements
  • You must be a woman entrepreneur (a black woman)​
  • You must have an existing business or aspiring to start a business
  • You must have a well-written business plan document
How to Apply
  • Write about yourself and your business dream
  • Attach all the required documents
  • Submit your applications.

Note that submitting your application makes you eligible for all grants related to your business.  They usually announce the grant winners by the 23rd of every month.