Small business grants for minorities are various amounts of seed money awarded to entrepreneurs from minority groups to help them start or expand a small business.
Best Small Business Grants for Minorities:
FedEx Small Business Grant Contest
Native American Business Development Institute (NABDI) Grant
Minority Business Development Agency (MBDA)
Up to $300,000
Community Programs to Improve Minority Health Grant Program
$275,000 - $500,000
National Association for the Self-Employed (NASE) Growth Grants
Native Language Immersion Initiative
Up to $90,000
LendingTree Small Business Grant
The USDA Rural Business Enterprise Grant Program
$10,000 - $500,000
8(a) Small Business Program
Up to $6,500,000
Small Business Innovation Research & Small Business Technology Transfer Programs
$150,000 - $1,000,000
Small Business Grants for Minorities FAQs:
What are small business grants for minorities?
Every year, the government and various organizations award interest-free seed money to socially and financially disadvantaged entrepreneurs to help them start or grow their business. These grants are also known as small business startup grants for minorities.
Who qualifies for small business loans or grants for minorities?
The United States recognizes seven minority groups within the country; African-Americans, Hispanic and Latino Americans, Native Americans, Asian Americans, Native Hawaiians, Inuit and Alaska Natives, and Arab and other Middle Eastern Americans.
Are there federal grants for minorities starting small business?
Yes. Grants.gov is a great resource to search and apply for federal grants for small business minorities. On this site, you'll find over 2,000 programs offering small business administration grants for minorities totaling $500 billion in annual awards.
I'd like to know how to apply for small business grants for minorities. What do I have to do?
This depends on the grant program you're interested in applying for as each program has its own eligibility rules and requirements. Most programs will ask you to submit an application form online, but before you do this, make sure that you are eligible for the grant.
Where can I find NJ small business grants for minorities?
Aside from Grants.gov, the State of New Jersey website lists a number of programs and grants which you can apply for.
Where can I find Georgia small business grants for minorities?
There are hundreds of small business grants available in all states. If you're a woman entrepreneur, be sure to read our article on the Best Small Business Grants for Women in 2018.
If you're interested in small business loans, take a look at Small Business Loans - Best Lenders and Loans for 2018.