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The Freed Fellowship offers monthly $500 grants for minority-owned businesses to help entrepreneurs build successful and impactful companies. Freed Fellows also receive a half-hour strategy ...
Several grant programs exist to support minority-owned small businesses, from both the government and nonprofit organizations. The definition of “minority” varies by program, though most focus ...
Small business aggregator Skip offers monthly grants for U.S.-based small business owners and entrepreneurs; grants are typically set at $1,000, though the exact amount varies by Skip’s monthly ...
With the onset of the COVID-19 pandemic in early 2020, LISC responded with new investments to stem the economic fallout, especially to small businesses. It launched a small business grant program that provided more than $200 million in grants to over 16,000 small businesses. The majority of the businesses supported with minority- and women-owned.
The United States Department of Defense (DoD) is the largest agency in this program with approximately $1 billion in SBIR grants annually. Over half the awards from the DoD are to firms with fewer than 25 people and a third to firms of fewer than 10. A fifth are minority or women-owned businesses.
The week is formally celebrated each year by the Minority Business Development Agency, a U.S. government agency housed within the U.S. Department of Commerce. [7] On October 20, 2017, President Donald Trump issued a proclamation which officially designated October 22 through October 28, 2017 as National Minority Enterprise Development Week. [8] [9]
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