Source: Black Digital
Don’t miss your chance to receive funding from these grants and venture capital funds specifically for Black-owned businesses.
We’ve curated a list of current grants and funds designed to support Black-owned businesses. All grants featured here are either recurring or open at the time of publication, so be sure to apply soon!
1. NAACP Powershift Entrepreneur Grant
Since its inception, Black Entrepreneurs Day has awarded over $900,000 to support emerging Black entrepreneurs. Created by Daymond John, the Powershift Entrepreneur Grant offers financial support for Black business owners aiming to expand and elevate their ventures.
- Who’s Eligible? Black entrepreneurs and small business owners seeking financial support to expand their businesses
- How Much? $25,000 grants
- Application DeadlineNovember 1, 2024, at 11:59 PM ET
- Click here to apply
2. Amber Grant for Women
Founded in memory of Amber Wigdahl, the Amber Grant has supported women entrepreneurs since 1998. Each month, WomensNet awards funding to help women realize their business dreams, offering various grant categories to encourage women across all industries.
- Who’s Eligible? Women entrepreneurs in any industry
- How Much? At least $30,000 awarded monthly, with additional startup and business category grants
- Application Deadline Rolling (winners announced by the 23rd of each month)
- Click here to apply
3. EmpowHer Grants
EmpowHer supports women entrepreneurs creating social impact through their products or business models. Beyond funding, recipients gain access to a network of advisors in finance, marketing, and leadership to guide them in building sustainable businesses.
- Who’s Eligible? U.S.-registered female entrepreneurs aged 22+, with revenue-generating businesses making a social impact, and in operation for less than three years
- How Much? Up to $25,000 (funds provided as reimbursement for business expenses)
- Application Deadline Rolling
- Click here to apply
4. Amazon Black Business Accelerator
Amazon’s Black Business Accelerator empowers Black entrepreneurs in e-commerce. The program provides resources to support and grow Black-owned businesses, including ad credits, operational cost assistance, and access to business education and mentorship.
- Who’s Eligible? Black entrepreneurs with an Amazon Professional Sellers account, physical products, and minority-owned business registration
- How Much? Up to $3,000 in advertising credits, $500 for operational costs, plus access to business education and mentorship
- Application Deadline Rolling
- Click here to apply
5. Black Girl Ventures (BGV) Pitch Program
The BGV Pitch Program is a unique opportunity for Black and Brown entrepreneurs to pitch their businesses and gain funding through a live, crowdfunded competition. Winners receive funding, support from the BGV community, and access to a network of investors and advisors.
- Who’s Eligible? Black- and Brown-owned, revenue-generating businesses in Austin, Chicago, NYC, or Los Angeles
- How Much? $15K for 1st place, $10K for 2nd, $5K for 3rd, and additional funds from audience votes
- Application Deadlines:
- Austin: April 26, 2024
- Chicago: June 14, 2024
- NYC: October 9, 2024
- Los Angeles: November 6, 2024
- Click here to apply
6. Power Forward Small Business Grant
The Boston Celtics and Vistaprint, in collaboration with the NAACP, offer $25,000 grants to Black-owned businesses in New England. This program is designed to empower small businesses with financial support, marketing, and design resources.
- Who’s Eligible? Black-owned small businesses with 1-25 employees, based in New England (Massachusetts, Maine, New Hampshire, Rhode Island, Vermont, or certain Connecticut areas)
- How Much? $25,000 grants, plus marketing and design support
- Application Deadline Rolling
- Click here to apply
7. Wish Local Empowerment Fund
Wish Local supports Black-owned brick-and-mortar businesses in the U.S. with grants between $500 and $2,000. Selected recipients will also join Wish Local, a program providing access to over 500 million shoppers worldwide, helping small businesses connect with new customers and build resilience.
- Who’s Eligible? U.S.-based, Black-owned brick-and-mortar businesses with 20 or fewer employees and under $1M in annual revenue
- How Much? $500 – $2,000
- Application Deadline Rolling
- Click here to apply
Explore these funding opportunities to help your business grow. Each grant offers financial support, mentorship, and resources designed to empower Black entrepreneurs and small businesses. Apply today!
