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The Latest Grant Opportunities for Women- and Minority-Owned Small Businesses

February 28, 2023

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If you’re a woman or racial minority running a small business, you may benefit from several small business grant programs. These initiatives often aim to level the playing field and support groups that have traditionally faced barriers to funding. Read about several current and ongoing grant opportunities in the list below.

MBDA Capital Readiness Program

The U.S. Commerce Department’s Minority Business Development Agency is launching a nearly $100 million grant program to support female and minority entrepreneurs. The Capital Readiness Program is directing grants of between $2 million and $3 million to business incubators and accelerators run by companies, nonprofits, and universities.

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