Are you a business owner looking to expand your operations? You’re in luck! There are tons of grants available for black business owners to help them get the funds they need to reach their goals. Here are twelve grants that are currently available in the Canada and US.
RiseUp Pitch Competition: The RiseUp Pitch Competition and Program offers the opportunity for Black Women+ entrepreneurs at different stages of business to pitch for the chance to win $10,000 and access to entrepreneurial development resources. You can apply here to participate. The 2023 deadline is February 12, 2023
Innovators & Entrepreneurs Foundation Micro-Grants: There are four grants provided by this foundation. Each grant is designed to support entrepreneurs & innovators from racialized and under-represented communities across Canada. You can apply here to participate. The 2023 deadline is February 14, 2023.
Mitacs Grants for Researchers & Students: These grants are designed to support researchers, students and businesses in the development of new ideas. You can apply here to participate.
FACE Propelling Black Entrepreneurship Grant: This program is focused on supporting budding Black entrepreneurs in Canada. Will be open in April 2023, follow their page for more information.
Keep It Local Business Grant Program: This grant is powered by the Nextdoor Kind Foundation, will award $5,000 microgrants to entrepreneurs of color, enabling them to help strengthen and support communities at a local level. Not yet open for the year however you can bookmark there link here to participate.
thisBag Small Business Grant: This grant is to help canadian businesses affected by Covid-19. Visit their website to apply.
Business ACCESS-Ability Grant Program: This grant from the Province of Nova Scotia provides up to $30,000 to ensure either your physical or online business is accessible to all. Visit their website for more details.
Fast Break for Small Business: This program offers grants of up to $10,000 for small businesses in the US. You can apply here to participate. The 2023 deadline is February 17, 2023.
FedEx® Small Business Grant Contest: The FedEx Small Business Grant Contest provides ten small businesses with up to a $25,000 grant each year. You can apply here to participate. The 2023 deadline is February 21, 2023.
Wish Local Empowerment Program: The Wish Local Empowerment Program offers small grants ranging from $500-$2,000 for black businesses to use towards marketing and operations in the US. You can apply here to participate.
Ben & Jerry’s Foundation Social Entrepreneurship Grants: This grant program provides grants to social entrepreneurs whose mission aligns with the core values of the Ben & Jerry’s Foundation. Up to $15,000 is awarded to successful applicants. To be eligible, you must submit a business plan that outlines how their mission and goals align with the foundation’s core values. You can apply here.
Black Girl Ventures: This grant from Black Girl Ventures provides funding and resources for black female entrepreneurs in cities across the US. It provides up to $5,000 in capital. To be eligible, you must have an MVP (Minimum Viable Product) and be a female founder or co-founder of a business. Visit their website for more details.
Google Ad Grants: Google Ad Grants provides eligible nonprofits with up to $10,000 per month in advertising credit on Google Ads. You can apply here to participate.
With so many options out there it can be difficult finding the right grant opportunity that fits your needs as a black business owner; however by researching all your options thoroughly you will eventually find what works best for you! From micro-grants aimed at helping small enterprises start off on the right foot all the way up large scale venture capital investments meant to take growing companies even further – there really is something available out there no matter what kind of stage your enterprise is currently operating from! So don’t wait any longer – do your research now and start applying today! Good luck!
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