Are you a Black entrepreneur looking for funding to help grow your business? GrantWatch.com has many grants listed for Black-owned businesses.
Each opportunity has its own specific eligibility criteria meant to tailor the grant toward certain industries. However, if you meet the eligibility criteria and can follow instructions, you have a good chance of winning a grant!
According to data from the latest census, there are around 3.12 million Black-owned businesses in the United States. These businesses account for approximately $206 billion in annual revenue and help support 3.56 million jobs. In 2022, there has also been an increase in funding available to Black-owned businesses.
Today, GrantWatch is highlighting grants specifically intended for black-owned businesses. Take the time to look over these grants carefully, and maybe one of them could be yours.
5 Grants to Black-Owned Businesses
- Grants and in-kind services are available to Black female business owners to foster growth.
- Grants are available to Black-led organizations for programs to create social change.
- There are also grants available to BIPOC-owned small businesses to build capacity.
- Black women can apply for a grant to increase diversity in entrepreneurship.
- There is an opportunity intended for Black business owners to participate in a business accelerator.
How it Works
There is no guarantee that you will win a grant, but there is no fee to apply for grants either. Funding sources are constantly releasing new grants, so you really want to be proactive when it comes to finding grant opportunities that are available.
Searching for grants can be time-consuming, but you can save time by using grant listing directories such as GrantWatch.com. There is a small subscription fee to use premier services such as GrantWatch, but it can be worthwhile as it saves you endless hours of stress and tedious searching.
In fact, there is a whole category for BIPOC grants on GrantWatch, which includes verified funding opportunities available to Black, Indigenous, and Persons of Color. You may also have an interest in grants available to entrepreneurs.
GrantWatch.com is the leading grant listing directory with more than 8,000 grants currently available. Upgrade to a MemberPlus+ to view the full grant details. This includes eligibility criteria and application information. For more information, you can also visit the GrantWatch FAQ page.