You might be looking for where to find grants for small business for minority to keep your business up and running. Fortunately for you, you will be able to find grants specifically made for minorities in the United States. Here are a couple of places where you can start searching for this type of grant.
The USDA Rural Business Enterprise Grant Program
Designed to help the expansion and development of small businesses in rural areas, the USDA grant allows you to significantly improve your business. The grants that this organization provides range from $10,000 to even $500,000, which you will be able to use for anything you could think of. That includes business planning, land development, and training as well as technical assistance.
Minority Business Development Agency
Minority Business Development Agency provides grants made for minorities who are trying to survive in the United States. Since the grants are made specifically for minorities, they will gain a lot of benefits from applying for this grant.
Aside from providing grants that you can immediately use, the agency also helps business owners when it comes to connecting them to financing resources, market opportunities, and federal contracts. If you want to know more about this grant, you should look for information at the local MBDA business center.
National Minority Supplier Development Council
This might be one of the best grants for small business for minority that you can apply for. It is a grant provided by a corporate member organization that aims to increase business opportunities for those who are certified minority business owners. This organization operates with the help of the Business Consortium Fund, which is a non-profit business development program.
SBA 8(a) Business Development Program
SBA 8(a) is one among the many grants for small business start up that was designed for the economically or socially disadvantaged. Aside from providing grants, this program also helps business owners with business development, management guidance, training, and many more.
If you want to qualify for this grant, you need to make sure that your small business has been at least 51% owned by someone who is a subject of cultural bias. The owner also needs to be an American citizen, which is another simple requirement for this grant. So, if you experience prejudice or economic disadvantage because of your ethnicity or race, you might be eligible for this grant.
So, now you know the kind of grants there is for minorities. All you need to do is to look through these grants for small business for minority.