Wish Local Empowerment Program
The Wish Local Empowerment Program, provided by Wish, is a grant program designed to support Black-owned small businesses in the United States. With a $2M fund, Wish aims to provide financial assistance to approximately 4,000 small business partners, promoting equality and diversity in American business.
Selected recipients will receive between $500 and $2,000, which can be used for various business expenses such as employee retention, rent, inventory costs, customer acquisition, or community opportunities. Eligible businesses must be Black-owned, have 20 or fewer employees, operate a brick-and-mortar store in the United States, and have an average annual revenue under $1M.
Freed Fellowship
The Freed Fellowship Grant, offered by the Freed Fellowship, is a monthly grant program designed to support small business owners in the United States by providing resources, mentorship, and community to help them build successful and impactful companies.
Each month, one US business owner receives a $500 grant to invest in their existing business, with no strings attached or equity required. Applicants also receive feedback on their business based on the 5C Framework, along with a two-month free membership in Freed Studio, a virtual community for ambitious business owners. The grant is open to any micro or small business owner in the US, with special encouragement for underrepresented or overlooked groups.
Publish Her Business Impact Grant
The Publish Her Business Impact Grant (BIG) program, provided by Publish Her in partnership with BankCherokee, is designed to support women of color business owners in the United States. This grant program aims to empower and recognize female entrepreneurs who are making a positive impact in their communities and the world.
The BIG program will award a $5,000 grant to a woman of color business owner. To be eligible, applicants must be U.S. residents, 21 years or older, and own 100% of a legally established business that generates $50,000 or more in annual revenue and has been operating for at least one year.
Waves Of Change
The Waves of Change grant program is a program designed to support women of color entrepreneurs with early-stage businesses. This program focuses on relaunching existing businesses with a strong foundation, providing a comprehensive set of resources and services to help them succeed.
Waves of Change offers a stipend to cover the selected businesses’ operating costs for a year, along with various services such as design, copywriting, marketing assistance, and operations support. Applicants must identify as women of color, be at least 18 years old, be U.S. residents, and have businesses that make less than $50,000 annually. They should also demonstrate a need for resources and a positive impact on their community.
HerRise MicroGrant
The Corporate Counsel Women of Color (CCWC) Grant Program is an initiative designed to support and empower women of color entrepreneurs in the United States. By providing small business grants, the program aims to help these entrepreneurs compete and thrive in the modern marketplace.
The CCWC Grant Program awards $2,500 to each recipient. To be eligible, businesses must be for-profit, based in the United States, established as of January 1, 2020, with an EIN number, and have generated over $25,000 in revenue since that date. Applicants must be at least 18 years old at the time of submission.
Women Of Color Grant Program
The Women of Color Grant Program, provided in partnership with the Fearless Fund, is an initiative designed to support and empower women of color entrepreneurs in the United States. This program offers financial grants, access to educational resources, and community support to help these businesses grow and thrive.
The Women of Color Grant Program selects 75 women-owned businesses to receive grants of $10,000 and $20,000. To be eligible, businesses must be for-profit, at least 51% owned by a woman of color, preferably one to five years old, and formed and operating in the United States. A minimum annual revenue of $100,000 is strongly preferred.
https://startup101.com/small-business-grants-for-minorities/
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