Black Business Owners Fuel Economic Growth with Grant Funding

As Black Business Month draws to a close, let’s take one last moment to reflect on the incredible contributions that Black business owners make to our economy. These businesses and entrepreneurs aren’t just about profit; they’re about passion, culture, and legacy. From local shops to innovative startups, Black business owners help drive the economic growth that enriches all of our lives.

GrantWatch is committed to finishing the celebration for National Black Business Month strong! We are offering resources that foster the growth of Black-owned businesses. The carefully curated list below is specifically geared for black business owners and supporting their endeavors. In addition, GrantWatch also provides access to over 2100 opportunities in its BIPOC (Black, Indigenous, People Of Color) grants list category.

Black Business-Owned Grants, Opportunities, and In-kind Support

1. Minority-Owned Small Businesses to Promote Entrepreneurship – $10,000 and in-kind donations valued at up to $500 to USA minority-owned small businesses.
2. Organizations to Cover Salary Costs for Early-Career Journalists – Grants local news organizations, especially applications from for-profit, Black-owned, Latino-owned newsrooms. Funding covers salaries for early-career journalists to join the staff.
3. BIPOC-Led Organizations to Support Racial Equity – Grants to BIPOC-led organizations in eligible regions to support racial equity.
4. Increase Access to Affordable Capital – Grants and in-kind support to BIPOC-led nonprofit organizations and businesses. Funding improves access to interest-free capital.
5. BIPOC-Owned Businesses – Grants up to $20,000 to BIPOC-owned and BIPOC-serving for-profit businesses. Funding helps offset the impact of the Coronavirus (COVID-19) pandemic.
6. Hospitality Industry for Mental Health Support – Grants to Black individuals working in the USA hospitality industry for mental health support.
7. Black-Owned Small Businesses – Grants of $25,000 and in-kind support in multiple states to help Black-owned small businesses expand and thrive.
8. Black Businesses for Business Development – Grants and in-kind support to Black-owned businesses to assist in business development and to promote success.
9. Small Black-Owned Businesses for Financial Support and Growth – Grants up to $2,000 to small back-owned businesses for financial support and growth. Funding helps strengthen brick-and-mortar businesses.
10. Promote Artistic Projects – In-kind grants of $1,000 in equipment rentals for artists and creatives. Indigenous, Black, people of color, women, and gender non-conforming people, to promote video production and artistic projects.

About GrantWatch

With over to 8,500 grants currently available, GrantWatch.com is the leading grant listing directory. Upgrade to a MemberPlus+ subscription to view the full grant details, including eligibility criteria and application information. For more information, you can also visit the GrantWatch FAQ page. To see the great value of all 20 of the top GrantWatch features, click here. To conclude, see the latest episode of GrantTalk, powered by GrantWatch, with host Libby Hikind. You don’t want to miss this. Visit us on YouTube weekly. Don’t forget your copy of The Queen of Grants: From Teacher to Grant Writer to CEO, by Libby Hikind.

Please Note: There is no guarantee of grant awards as a result of this information.