The Latest Small Business Grants for Women and Minority Business Owners

Women and racial minorities have faced many barriers in the business world over the years.

And many still face inequalities today. However, there are several ongoing and one-time grant programs that aim to support these entrepreneurs throughout their journeys.

Here are several opportunities that can benefit today’s women and minority entrepreneurs.



the amber grant

The Amber Scholarship is a ongoing program which supports women-owned businesses through grants. WomensNet administers the program, which provides at least $30,000 per month, along with annual funding programs. To apply, women entrepreneurs simply submit their basic information online for a shot at all of the organization’s programs. Grant recipients are announced on the 23rd of each month.

Hello Alice Grants

Hello Alice is a financing resource for small businesses that careers a variety of grant programs with corporate partners. Various opportunities run each season, each with its own rules and eligibility criteria. However, many of them specifically target women, minorities, or other underserved groups. The company also has an ongoing partnership with the NAACP and other community organizations to support black and minority-owned businesses.

iFundWomen Universal Grant Application Database

iFundWomen is a charity that supports businesses owned by women and people of color. The organization partners with various businesses and non-profit organizations throughout the year for various programs. In addition to its specific programs, the organization offers a universal grant application. This database stores your information so you can quickly and easily submit applications to all the programs that are relevant to your business. You can even get alerts when new opportunities are released.

Quick break for small businesses

LegalZoom partners with the NBA, WNBA and NBA G League to offer the Fast Break for Small Business grant program. The initiative provides $3 million in grants and other support services to eligible businesses each year, with a specific focus on minority and underrepresented entrepreneurs. Each business can apply for grants of up to $10,000, plus business formation assistance from LegalZoom. The 2022 funding round is closed, but the next round is scheduled for the 2022-23 NBA season.

Verizon Small Business Recovery Grants

Verizon is working with National ACE to offer Verizon Small Business Digital Ready Grants through LISC. National ACE is an organization that supports AAPI-owned businesses through grants and other support resources. Eligible businesses have until November 30 to apply for this program. You must take two qualifying courses through National ACE to qualify. The organization also periodically offers other grant programs for AAPI-owned businesses.

Ureeka PowerUp Grants

Ureeka PowerUp Program provides grants to LatinX-owned small businesses in California, Texas, and New York. Eligible businesses can apply for grants of $5,000, along with training support and other resources. The latest round of financing was recently closed. But check the website or sign up for updates for future opportunities.

Cartier Award for Feminine Initiative

The Cartier’s Women’s Initiative Award program is an annual program that supports enterprising women. Launched in 2006, the program awards monetary prizes to women-owned and women-led businesses around the world, with amounts up to $100,000. In 2023, the company will add more regional awards in Francophone Sub-Saharan Africa and Oceania, along with a Diversity, Equity and Inclusion Award to promote entrepreneurship in underserved communities. The latter will be open to people of all genders.

Tory Burch Scholars Program

The Tory Burch Foundation offers a scholarship program to support early-stage startups founded by women. In addition to the $5,000 grant awarded to fellows, the program includes tutoring and access to various educational resources. The 2023 program is currently accepting applications through November 3; the next round officially starts in the summer of 2023.

Ladies Launching Grant Program

ladies who throw supports non-binary women and entrepreneurs with scholarships and educational resources. Participants get $10,000 grants, WBENC certification, access to a community of other entrepreneurs, and a six-month educational program. The next round is scheduled to open applications in January 2023.

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