Foundation / Corporation
Coalition to Back Black Businesses - U.S. Chamber of Commerce Foundation, American Express, National Black Chamber of Commerce, National Business League, U.S. Black Chambers, Walker’s Legacy, Altice USA, AIG Foundation, Cummins, Stanley Black and Decker, and Dow
09/30/21 11:59 PM EDT
Grants of up to $5,000 and in-kind support to USA Black-owned businesses in economically vulnerable communities to alleviate the adverse financial impact of the Coronavirus (COVID-19) pandemic. Applicants are required to submit an expression of interest prior to submitting a full application. In addition to a cash grant, applicants will also be invited to participate in a coaching platform. Applicants may be eligible for Enhancement grants of up to $25,000. Businesses must be located in an economically vulnerable community, defined as any zip code not in the top 20% of zip codes in the United States.
The grants are unrestricted but must be applied toward business expenses.
After funding is disbursed, grantees will be invited to participate in Ureeka’s coaching platform to help further grow their business. Grantees must register for it to process their grant payment. While participation in the platform is voluntary after the grant payment, it is required to be considered for an enhancement grant in the spring. In addition, the Coalition to Back Black Businesses will continue to offer educational resources for small business owners on its online platforms.
GrantWatch ID#: 192359
The $5,000 grants are only the start of the Coalition to Back Black Businesses’ efforts to support Black-owned small businesses. The grant program will involve three additional steps to invest in the long-term success and resilience of the Black small business community.
- Mentorship. Each grantee will receive exclusive access to a mentorship program, conducted in partnership with MicroMentor, to help grow their business with advice and guidance from industry- or subject-specific mentors.
- Enhancement Grants. Each summer following the distribution of the $5,000 grants, competitive $25,000 enhancement grants will be offered to those most promising grantees. Four percent of the grantees in each annual cohort will receive these funds to help take their business to the next level.
- Online Resources. This website will serve as a central hub featuring resources for all Black-owned small businesses. By working with an extensive network of partners, a strong library of programs and educational materials will be collected to help the Black small business community in their recovery and growth.
Before starting your grant application, please review the funding source's website listed below for updates/changes/addendums/conferences/LOIs.
Eligible business owners can express their interest on the URL for Full Text, below from September 14, 2021 through September 22, 2021.
Direct questions to:
USA: Alabama; Alaska; Arizona; Arkansas; California; Colorado; Connecticut; Delaware; Florida; Georgia; Hawaii; Idaho; Illinois; Indiana; Iowa; Kansas; Kentucky; Louisiana; Maine; Maryland; Massachusetts; Michigan; Minnesota; Mississippi; Missouri; Montana; Nebraska; Nevada; New Hampshire; New Jersey; New Mexico; New York City; New York; North Carolina; North Dakota; Ohio; Oklahoma; Oregon; Pennsylvania; Rhode Island; South Carolina; South Dakota; Tennessee; Texas; Utah; Vermont; Virginia; Washington, DC; Washington; West Virginia; Wisconsin; Wyoming
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