Minority-Owned Business Grants Open Right Now — 2026
43 programs in the GrantCompass catalog are tagged minority-owned. 30 of them are open to applications as of October 1, 2026 — and only 5 of those 30 are grants. The other 25 open programs are 20 CDFI or state loans, one tax credit that pays an investor rather than the business, one revenue-based financing program, and three certifications or free support programs that give you access and advice but no cash. Every aggregator page in these results calls all 30 of them “grants for minority-owned businesses.” That is wrong about 25 of them, and being wrong about which instrument you are applying for is what costs a founder a month. Below, each program is labelled by what you actually receive, with its status rechecked on October 1, 2026: 5 grants open, 22 capital programs open, 3 certification or support programs open, and 13 closed, between intakes, paused or ended for good.
See every program you qualify for — free →
The dated grant deadline now: Secretsos Small Business Grant (Q4 closes December 31, 2026). The Galaxy Grant for Women and Minority Business Owners closed its $2,500 round on October 31, 2026; the next round has not been announced (re-checked November 1, 2026). The Buckeye State Credit Union Small Business Recovery Grant closed when its September 30, 2026 deadline passed. The other three open grants run on rolling or city-corridor windows with no published date. The Black & Brown Founders Empower Growth Fund has moved between intakes — see the closed & between-intakes table below.
What changed since our last check (September 3 → October 1, 2026): one program closed — the Buckeye State Credit Union Small Business Recovery Grant, at its September 30 deadline — so the open count fell from 31 to 30 and open grants from 6 to 5. No program in this slice opened, and every other program kept its open or not-open status.
This is the dated companion to our evergreen hub, Minority-Owned Business Grants, which explains how the programs work and does not change month to month. This page answers a narrower question — what can I apply to today — and is recomputed monthly. Read the hub once; bookmark this one.
Data date October 1, 2026. All 43 rows were computed from the GrantCompass catalog of 736 US funding programs on October 1, 2026 and are printed in full below — nothing on this page is loaded by a script. Recomputed and republished monthly, which is what makes a bookmark here more durable than a screenshot of a list.
All 43 programs, sorted by what you actually receive
Every program is placed in one of four tiers by the instrument a founder ends up holding, not by how the program markets itself. Tier 1 is a grant: money you keep. Tier 2 is capital — a loan you repay, a state credit enhancement, revenue-based finance, or a tax credit that lands with an investor. Tier 3 gives you a certification or free expert help and no cash at all. Tier 4 is not open right now, whatever a listicle says. Program names link to the GrantCompass record for that program, where the eligibility detail lives.
- Tier 1 — grants, open now: 5 programs on October 1, 2026 (the Buckeye State Credit Union grant closed September 30). Two have a dated deadline; three run on rolling or city-corridor windows.
- Tier 2 — capital, not a grant: 22 programs, all open. 20 are CDFI or state loans, one is revenue-based financing, one is an investor tax credit.
- Tier 3 — certification or free support: 3 programs, all open. Real value, zero cash.
- Tier 4 — not open: 13 programs. Between intakes, closed for the cycle, paused, or ended for good.
Showing 43 of 43 verified programs
| Program | Amount | Status & next date | Who it is for | Intel |
|---|---|---|---|---|
| Philadelphia COVID-19 Small Business Relief Grant / Commerce Department Small Business GrantGrant · PA | Up to $50,000 | Open Rolling — the city opens intake windows periodically | Philadelphia corridor and micro-enterprise businesses | 6/7 locked |
| Antares REACH Grant Program & Boost CampGrant · National | Up to $20,000 | Open Rolling Boost Camp intakes — the last dated grant cohort closed January 5, 2026 | Underrepresented founders with product/market fit | 6/7 locked |
| Secretsos Small Business GrantGrant · National | $2,500 (quarterly) | Open Q4 closes December 31, 2026 · $15 fee | Underserved owners turned down for bank credit | 6/7 locked |
| Galaxy Grant for Women and Minority Business OwnersGrant · National | $2,500 | Closed Open on October 1; the round closed October 31, 2026 and the next is not announced · free to apply | Women and minority business owners, any stage | 6/7 locked |
| Black & Brown Founders Empower Growth FundGrant · National | $5,000 (four awards) | Between The August 31, 2026 Bizscoreline cutoff has passed; no next round is posted | Underrepresented founders with 12 months of revenue | Not yet on file |
| Illinois Advantage Illinois Participation Loan Program (PLP)Loan — state participation · IL | Up to $2M participation | Open Rolling — through an approved lender | Illinois small businesses; minority, women, veteran and rural owners are the named priority | 6/7 locked |
| Ohio Minority Business Direct Loan ProgramLoan — 1.5% fixed · OH | $45K-$1.5M | Open Rolling — subject to funding availability | Ohio-certified MBEs financing equipment or owner-occupied property | 6/7 locked |
| Indiana Venture Capital Investment (VCI) Tax CreditTax credit — paid to the investor · IN | 25-30% of investment | Open Rolling — until the $20M statewide annual cap is reached | Investors in certified Indiana startups — 30% rate for minority-owned firms | 6/7 locked |
| LiftFund — CDFI Small Business LoansLoan — CDFI · 14 states | $500–$1,000,000 | Open Rolling — no intake cycles | Underserved owners across 14 southern and southwestern states | 7/7 locked |
| TruFund Financial Services — CDFI Small Business LoansLoan — CDFI · NY/NJ/GA/AL/LA/TX | $500–$1,000,000 | Open Rolling — no intake cycles | Minority- and women-owned businesses in NY, NJ, GA, AL, LA and TX | 7/7 locked |
| Rhode Island Small Business Assistance Program (SBAP)Loan — state · RI | $2,000–$750,000 | Open Rolling — through partner lenders | Rhode Island businesses under 200 employees that banks decline | 6/7 locked |
| LISC Entrepreneurs of Color Fund — Small Business LoansLoan — CDFI network · 11 states | Up to $500,000+ | Open Rolling — matched to a local CDFI partner | Minority-owned businesses in 10 metro areas | 6/7 locked |
| Pursuit — CDFI Small Business LoansLoan — CDFI · 6 states | $10,000–$500,000 | Open Rolling — no intake windows | Immigrant, minority and early-stage owners; ITIN accepted | 6/7 locked |
| Mountain BizWorks — Western NC Small Business LoansLoan — CDFI · NC | $1,000–$500,000 | Open Rolling for the core loan products | Entrepreneurs in the 26 westernmost North Carolina counties | 6/7 locked |
| DreamSpring — CDFI Small Business LoansLoan — CDFI · 27 states | $1,000–$350,000 | Open Rolling — year-round | Women, immigrant, rural and owners of colour across 27 states; ITIN accepted | 6/7 locked |
| Carolina Small Business Development Fund — Small Business LoansLoan — CDFI · NC | Up to $350,000 | Open Rolling | North Carolina start-ups and existing businesses, all 100 counties | 6/7 locked |
| Accion Opportunity Fund — Small Business LoansLoan — CDFI · National | $5,000–$250,000 | Open Rolling — no cycle deadlines | Underserved owners nationally; no minimum credit score | 7/7 locked |
| Founders First Capital Partners — Revenue-Based Financing + Grant SupportRevenue-based financing · National | Up to $2M financing + grants | Open Rolling — accelerator cohorts quarterly | 51%+ women-, minority-, veteran- or LMI-owned service businesses | 6/7 locked |
| HOPE (Hope Enterprise Corporation / Hope Credit Union) — Small Business LoansLoan — CDFI credit union · 5 states | Up to $250,000 | Open Rolling | Deep South entrepreneurs; dedicated Black- and women-owned tracks | 6/7 locked |
| Mississippi Minority Business Enterprise (MBE) Loan ProgramLoan — state · MS | $35,001–$250,000 (up to $500,000 with 50% match) | Open Rolling — through MDA and the regional PDDs | Mississippi minority- and women-owned businesses | 6/7 locked |
| Pacific Community Ventures — Good Jobs LoansLoan — CDFI · CA | $10,000–$200,000 | Open Rolling — no intake cycles | Businesses creating quality jobs for low-income workers | 7/7 locked |
| Minnesota Emerging Entrepreneur Loan Program (ELP)Loan — state · MN | $5K–$150K | Open Rolling — apply to a certified lender | Minority-, women-, veteran-, low-income- or disability-owned Minnesota businesses | 6/7 locked |
| Virginia Small Business Financing Authority (VSBFA) Microloan ProgramLoan — state · VA | $10K-$50K (SWaM); up to $150K | Open Rolling — year-round | Virginia small businesses, with a dedicated SWaM track | 6/7 locked |
| Working Solutions — CDFI Small Business LoansLoan — CDFI · CA | $5,000–$100,000 | Open Rolling — year-round | Bay Area owners; no credit score, no collateral, ITIN accepted | 6/7 locked |
| Ohio Micro-Loan ProgramLoan — 0% interest · OH | $10K-$45K at 0% | Open Rolling — subject to funding availability | Certified Ohio minority- and women-owned businesses | 6/7 locked |
| Kiva U.S. — 0% Interest Microloans for Small BusinessLoan — 0% interest · National | $1,000–$15,000 at 0% interest | Open Rolling — then a 15-day crowdfunding window | Underserved owners with no bank access; character-based lending | 7/7 locked |
| Indiana Legend Fund — Small Business Loan Participation ProgramLoan — state participation · IN | Lender-set loans | Open Rolling — connect with an approved lender | Indiana small businesses borrowing from CDFI and mission lenders | 6/7 locked |
| MBDA Business Center ProgramSupport program — free services · National | Free services (no cash grant) | Open Rolling — centers take clients year-round | Minority-owned businesses wanting free consulting and contract help | 6/7 locked |
| SBA 8(a) Business Development ProgramCertification — contract access · National | Sole-source up to $5.5M (mfg: $8.5M) | Open Rolling — through the MySBA Certifications portal | Socially and economically disadvantaged owners chasing federal contracts | 6/7 locked |
| Operation HOPE — 1 Million Black Businesses (1MBB)Support program — free · National | Free program + capital access | Open Rolling — enrol at any time | Black entrepreneurs seeking coaching and capital readiness | 6/7 locked |
| MBDA Capital Readiness ProgramProgram — funds organisations · National | $400,000–$1,000,000 (to organisations) | Between Undated — and it funds nonprofits and CDFIs, not individual businesses | Nonprofits and CDFIs that then serve minority-owned businesses free | 6/7 locked |
| Sephora Beauty GrantGrant · National | $100,000 | Between Between intakes — Sephora's 2027 round is taking applications; see /grants/sephora-beauty-grant for the close | Underrepresented beauty and personal-care founders with $100K+ revenue | 6/7 locked |
| Black Kitchen Initiative Grant (Heinz × The LEE Initiative)Grant · National | Up to $25,000 | Between Between intakes — no confirmed 2026 round; past deadlines have moved between September and March | Independently owned Black food businesses | 6/7 locked |
| Founders First Capital Partners — Small Certified Supplier Innovative Finance ProgramGrant · National | $5,000 (quarterly) | Between Quarterly in principle, but no dated window is currently published | Certified small business suppliers | Not yet on file |
| Mastercard Strive USA Small Business GrantGrant — paid to partner organisations · National | Grants to partner organisations | Between Windows vary by partner — the money is granted to local organisations, not to your business | Underserved small businesses, reached through partner organisations | 6/7 locked |
| SBA Community Advantage Small Business Lending Company (CA SBLC)Loan — federal · National | Up to $350,000 | Closed Paused — recorded in the GrantCompass catalog as not currently taking new applications | Underserved borrowers who would not clear a bank's credit box | 6/7 locked |
| Black Girl Ventures BGV Pitch ProgramAward — pitch competition · National | $5,000 + audience crowdfund | Closed 2026 cohort closed May 15, 2026 | Black and Brown women founders | 6/7 locked |
| Kirabo GrantGrant · National | $5,000 | Closed 2026 cycle closed — 2027 dates not announced | Founders from historically under-resourced communities | Not yet on file |
| Buckeye State Credit Union Small Business Recovery GrantGrant · National | $125,000 – $200,000 (3 grants) | Closed The September 30, 2026 deadline passed and the program page has been removed | Minority-owned or minority-controlled businesses trading 2+ years; local priority to Summit County, Ohio, but open nationally | Not yet on file |
| Illinois OE3 Small Business Capital and Infrastructure Grant ProgramGrant · IL | $10,000–$245,000 | Ended Discontinued — the FY2025 round closed April 7, 2025 and no next round has been announced | Illinois equity-owned small businesses | 6/7 locked |
| Fearless Fund Strivers GrantGrant · National | $20,000 (program enjoined) | Ended Ended permanently — terminated in September 2024 by legal settlement; it will not reopen | Black women-owned businesses (program ended) | 7/7 locked |
| Comcast RISEGrant · National | $5K cash + in-kind pkg | Ended Winding down — the last cycle ran May 2024; no 2025 or 2026 window has been announced | Small businesses in selected Comcast markets | 1/7 locked |
See which of these 43 you actually qualify for. Answer a short eligibility check and GrantCompass ranks every program against your business — and watches the deadline on anything you star, free. No card, no call.
See your matches — free →Apply-Ready
Applying for a grant this month? We'll draft it with you.
For these seventeen grants, answer a few short questions once and we draft your application from what you tell us: only your facts, with a blank wherever the judges want a detail only you know. You submit it yourself. Six are for women-owned businesses; eleven are open more widely.
You see a free preview first and pay only if you want the full draft: $9 per grant. You can add the other month-end grants you qualify for at $5 each (never more than $15 extra).
For women-owned businesses
- Hey Helen Grant$10,000 monthlyWomen-owned · US · under $1M revenueCloses the last day of every month, 11:59pm ETDraft my applicationit →
- Amber Grant$15,000 monthlyWomen-owned (50%+)Closes the last day of every monthDraft my applicationit →
- HerRise MicroGrant$1,000 monthly51%+ women-owned · US · under $1M revenueCloses the last day of every monthDraft my applicationit →
- Big Idea Grant (YippityDoo)$1,000 monthlyWomen-owned and run · ideas welcomeCloses the last day of every month, 11:59pm PTDraft my applicationit →
- The Hustle Grant$1,000 monthlyWomen-owned · USMonthly; winner named on the 15thDraft my applicationit →
- Tory Burch Foundation Fellows$2,000 + a year's fellowshipWomen-owned · $75K+ revenue · no entry feeFinal deadline November 17, 2026Draft my applicationit →
Open more widely
- Business Freedom Grant$1,000Idea stage welcome · no entry feeReview rounds until the final deadline, December 31, 2026Draft my applicationit →
- IFW Startup Accelerator Grant$5,000Any US owner (50%+) · idea stage welcome · $5 entry feeFinal deadline November 30, 2026Draft my applicationit →
- Seated Together Microgrant$750 ($1,000 veteran-owned)Any US for-profit · startups welcome · $5 entry feeRolling; reviewed each quarterDraft my applicationit →
- Hustler's MicroGrant$1,000 monthlyAny US small-business owner · $15 entry feeMonthly; no published closing dateDraft my applicationit →
- Freed Fellowship$500 monthlyAny US for-profit businessCloses the last day of every monthDraft my applicationit →
- SecretSoS Small Business Grant$2,500 quarterlyWomen-, veteran- or minority-owned, or turned down for a bank loan · USCloses the last day of each quarterDraft my applicationit →
- Hiring Our Heroes Small Business Grant$10,000–$25,000Veteran or military-spouse owned · 3–20 people · no entry feeFinal deadline December 15, 2026Draft my applicationit →
- Sephora Beauty Grant$100,000Beauty brands · $100K+ revenue · 51%+ underrepresented-owned · no entry feeFinal deadline November 6, 2026Draft my applicationit →
- Awesome Foundation Micro-Grant$1,000 monthlyAnyone with a community project · no entry feeRolling; most chapters choose monthlyDraft my applicationit →
- Outta Excuses Grant$3,000 quarterlyRegistered LLC · under $500K revenue · $15 entry feeFinal deadline December 31, 2026Draft my applicationit →
- Thiel Fellowship$250,000 over 2 yearsAge 22 or under · no university degree · no entry feeRolling; open all yearDraft my applicationit →
Tier 1: the 5 grants a minority-owned business can apply to today
Five of the 43 minority-owned programs in the GrantCompass catalog are grants open as of October 1, 2026. A sixth, the Buckeye State Credit Union Small Business Recovery Grant, closed when its September 30, 2026 deadline passed. Two carried a dated deadline: the Galaxy Grant ($2,500, free to apply), whose round has since closed on October 31 with the next not yet announced, and the Secretsos Small Business Grant ($2,500, $15 fee, Q4 closes December 31). Two more are open but undated: Philadelphia’s Commerce Department grants and the Antares REACH grant, whose Boost Camp intakes roll but whose last dated grant cohort closed in January 2026. The Black & Brown Founders Empower Growth Fund, listed here in earlier months, has moved to the closed & between-intakes table below: its August 31, 2026 Bizscoreline cutoff has passed and no next round is posted.
- Secretsos Small Business Grant$2,500 (quarterly) · Underserved owners turned down for bank credit · Open Q4 closes December 31, 2026 · $15 fee 6 intel fields — locked
- Galaxy Grant for Women and Minority Business Owners$2,500 · Women and minority business owners, any stage · Closed Round closed October 31, 2026; next not announced · free to apply 6 intel fields — locked
- Philadelphia COVID-19 Small Business Relief Grant / Commerce Department Small Business GrantUp to $50,000 · Philadelphia corridor and micro-enterprise businesses · Open Rolling — the city opens intake windows periodically 6 intel fields — locked
- Antares REACH Grant Program & Boost CampUp to $20,000 · Underrepresented founders with product/market fit · Open Rolling Boost Camp intakes — the last dated grant cohort closed January 5, 2026 6 intel fields — locked
Closing in the next 90 days
1 program on this page has a firm published deadline between today and January 30, 2027: the Secretsos Small Business Grant, whose Q4 window closes December 31, 2026 ($15 fee; applications do not roll over). The Galaxy Grant’s round closed October 31, 2026, and the next has not been announced. Every other open program here is rolling or window-based, which means there is nothing to race.
When does Sephora reopen? Not counted above because its status is tracked separately: the catalog record for Sephora’s $100,000 Beauty Grant: Sephora's 2027 round is taking applications, and the catalog's posted close is November 6, 2026.
Tier 2: where the money for minority-owned businesses actually is
22 of the 30 open minority-owned programs are capital, not grants — 20 CDFI or state loans, one revenue-based financing program, and one investor tax credit. By dollars available this is not a close contest: the five open grants top out at a $250,000 city award and mostly pay $2,500, while a CDFI such as LiftFund, DreamSpring, Accion Opportunity Fund or Pursuit will write $10,000 to $500,000 on a rolling basis, with no credit-score floor at several of them and an ITIN accepted in place of a Social Security Number at three. Two of the loans, Ohio’s Micro-Loan Program and Kiva U.S., carry 0% interest.
This is the part of the landscape that listicles flatten, and it is the part that pays. A CDFI — a Community Development Financial Institution — is a Treasury-certified lender whose mandate is to serve borrowers conventional banks decline. They underwrite on cash flow and character rather than on a credit score alone, they do not close, and they are usually easier to win than a national grant competition with tens of thousands of entrants. Accion Opportunity Fund publishes an approval figure of roughly three quarters for applicants who complete its full process; the Black & Brown Founders grant, now between intakes (see below), made four awards in its last cycle.
Three of these instruments deserve their real names before you spend time on them. The Indiana Venture Capital Investment tax credit pays the investor, not the business — a 30% credit for money put into a minority-owned Qualified Indiana Business, which is a reason for someone to fund you rather than money you can apply for. Illinois’s Advantage Illinois and Indiana’s Legend Fund are credit enhancements: the state buys a participation in a bank’s loan so the bank will lend to you on better terms. You still apply to the bank, and you still repay. Founders First is revenue-based financing, repaid as a share of monthly revenue, with $10,000–$15,000 grants attached to its accelerator rather than offered on their own. None of the three is a grant, and all three are routinely listed as one.
Chicago and Illinois programs are covered in Illinois small business grants.
- Illinois Advantage Illinois Participation Loan Program (PLP)Up to $2M participation · Loan — state participation · IL · Illinois small businesses; minority, women, veteran and rural owners are the named priority
- Ohio Minority Business Direct Loan Program$45K-$1.5M · Loan — 1.5% fixed · OH · Ohio-certified MBEs financing equipment or owner-occupied property
- Indiana Venture Capital Investment (VCI) Tax Credit25-30% of investment · Tax credit — paid to the investor · IN · Investors in certified Indiana startups — 30% rate for minority-owned firms
- LiftFund — CDFI Small Business Loans$500–$1,000,000 · Loan — CDFI · 14 states · Underserved owners across 14 southern and southwestern states
- TruFund Financial Services — CDFI Small Business Loans$500–$1,000,000 · Loan — CDFI · NY/NJ/GA/AL/LA/TX · Minority- and women-owned businesses in NY, NJ, GA, AL, LA and TX
- Rhode Island Small Business Assistance Program (SBAP)$2,000–$750,000 · Loan — state · RI · Rhode Island businesses under 200 employees that banks decline
- LISC Entrepreneurs of Color Fund — Small Business LoansUp to $500,000+ · Loan — CDFI network · 11 states · Minority-owned businesses in 10 metro areas
- Pursuit — CDFI Small Business Loans$10,000–$500,000 · Loan — CDFI · 6 states · Immigrant, minority and early-stage owners; ITIN accepted
- Mountain BizWorks — Western NC Small Business Loans$1,000–$500,000 · Loan — CDFI · NC · Entrepreneurs in the 26 westernmost North Carolina counties
- DreamSpring — CDFI Small Business Loans$1,000–$350,000 · Loan — CDFI · 27 states · Women, immigrant, rural and owners of colour across 27 states; ITIN accepted
- Carolina Small Business Development Fund — Small Business LoansUp to $350,000 · Loan — CDFI · NC · North Carolina start-ups and existing businesses, all 100 counties
- Accion Opportunity Fund — Small Business Loans$5,000–$250,000 · Loan — CDFI · National · Underserved owners nationally; no minimum credit score
- Founders First Capital Partners — Revenue-Based Financing + Grant SupportUp to $2M financing + grants · Revenue-based financing · National · 51%+ women-, minority-, veteran- or LMI-owned service businesses
- HOPE (Hope Enterprise Corporation / Hope Credit Union) — Small Business LoansUp to $250,000 · Loan — CDFI credit union · 5 states · Deep South entrepreneurs; dedicated Black- and women-owned tracks
- Mississippi Minority Business Enterprise (MBE) Loan Program$35,001–$250,000 (up to $500,000 with 50% match) · Loan — state · MS · Mississippi minority- and women-owned businesses
- Pacific Community Ventures — Good Jobs Loans$10,000–$200,000 · Loan — CDFI · CA · Businesses creating quality jobs for low-income workers
- Minnesota Emerging Entrepreneur Loan Program (ELP)$5K–$150K · Loan — state · MN · Minority-, women-, veteran-, low-income- or disability-owned Minnesota businesses
- Virginia Small Business Financing Authority (VSBFA) Microloan Program$10K-$50K (SWaM); up to $150K · Loan — state · VA · Virginia small businesses, with a dedicated SWaM track
- Working Solutions — CDFI Small Business Loans$5,000–$100,000 · Loan — CDFI · CA · Bay Area owners; no credit score, no collateral, ITIN accepted
- Ohio Micro-Loan Program$10K-$45K at 0% · Loan — 0% interest · OH · Certified Ohio minority- and women-owned businesses
- Kiva U.S. — 0% Interest Microloans for Small Business$1,000–$15,000 at 0% interest · Loan — 0% interest · National · Underserved owners with no bank access; character-based lending
- Indiana Legend Fund — Small Business Loan Participation ProgramLender-set loans · Loan — state participation · IN · Indiana small businesses borrowing from CDFI and mission lenders
CDFI or MDI: which lender to call first
For a minority-owned business that needs more than a few thousand dollars, the first call is usually a CDFI, not a grant contest and not an ordinary bank. A CDFI (Community Development Financial Institution) is a lender certified by the US Treasury's CDFI Fund to serve markets that banks underserve. An MDI (Minority Depository Institution) is a bank that is itself minority-owned or minority-led. Use a CDFI for a first loan after a bank has said no, and an MDI for the account, credit line and loans you want to keep for years.
The two get confused because both appear on lists of "minority business funding". CDFI status describes what a lender is for: a community-development mission, defined target markets, and coaching offered alongside its loans. MDI status describes who owns or runs the bank. Neither decides who may borrow by race.
| Question | CDFI | MDI |
|---|---|---|
| What it is | A financing entity certified by the CDFI Fund. Many are nonprofit loan funds; some are banks or credit unions. | A federally insured bank where minority individuals own 51% or more of the voting stock, or where most of the board is minority and the community served is mostly minority (the FDIC's test). |
| Who can borrow | Businesses in its target market, usually defined by place, income or an underserved group. | Any customer the bank can underwrite. Minority status describes the owners, not the borrowers. |
| What you get | Microloans and term loans, typically with coaching or technical help attached. | The full range of bank products: accounts, credit lines, equipment and real-estate loans. |
| Best for | A first loan, a thin credit file, or a bank decline. | A long-term banking relationship you can borrow against as you grow. |
| How to find one | The CDFI Fund's certification page links its list of certified CDFIs, which operate in all 50 states, DC, Guam and Puerto Rico. | The FDIC publishes its list of minority depository institutions. |
Worked example: a $2,500 grant against a $25,000 loan. The figures assume a 10% APR over 48 months to show the shape; your lender's rate will differ, so ask for the APR in writing.
The decision rule: borrow when the money buys something that earns more than the monthly payment, such as equipment or inventory that sells within the loan's term. Keep hunting grants, or take a smaller 0% microloan, when the money would only cover a shortfall. The CDFIs in the loans list above are a starting shortlist.
Tier 3: certifications that unlock contracts, not cash
MBE, 8(a) and DBE certification pay you nothing. What they do is make your business eligible for contracts that are set aside for it — and for a minority-owned business with something to sell, that is usually worth more than any grant on this page. The SBA 8(a) Business Development Program routes sole-source federal contracts worth up to $5.5 million (up to $8.5 million in manufacturing) to certified firms without an open bid. Three programs in this slice are of this kind and all three are open on a rolling basis.
The distinction matters because certification and grant-hunting are different projects with different time horizons. A grant application is an evening; 8(a) certification is a document exercise measured in weeks, after which the payoff arrives as contract flow over nine years. State and city MBE certification, and the federal DBE certification used for transportation contracts, work the same way: they are not on this page as separate rows because they are administered state by state rather than as national programs, but the logic is identical — the certificate is a key, not a cheque. If your revenue could come from selling to a government or a large corporate supplier, certification is the higher-expected-value use of the same hours.
- MBDA Business Center ProgramFree services (no cash grant) · Support program — free services · National · Minority-owned businesses wanting free consulting and contract help
- SBA 8(a) Business Development ProgramSole-source up to $5.5M (mfg: $8.5M) · Certification — contract access · National · Socially and economically disadvantaged owners chasing federal contracts
- Operation HOPE — 1 Million Black Businesses (1MBB)Free program + capital access · Support program — free · National · Black entrepreneurs seeking coaching and capital readiness
MBE, DBE and 8(a) after the 2025 and 2026 rule changes
The two federal programs that used to presume minority owners were disadvantaged, the Department of Transportation's DBE program and the SBA's 8(a) program, no longer do: every individual owner now has to show disadvantage personally. Private MBE certification from the National Minority Supplier Development Council (NMSDC) still certifies by group membership. None of the three pays you cash; each opens a channel of contracts.
| Credential | Who issues it | Who qualifies now | What it opens |
|---|---|---|---|
| MBE | NMSDC and its regional councils, for a fee. States and cities run their own MBE programs too. | A business at least 51% owned, operated and controlled by U.S. citizens who identify as Asian-Indian, Asian-Pacific, Black, Hispanic or Native American (NMSDC's standard). | Corporate supplier-diversity buying, and some state loans: Ohio's two minority lending programs require state or Ohio MSDC certification. MBE certification guide |
| DBE | Your state Department of Transportation. | Owners who show social and economic disadvantage individually. DOT removed the race- and sex-based presumptions by an interim rule effective October 3, 2025, and made the change final effective September 25, 2026. | Federally funded highway, transit and airport contracts. DBE certification guide |
| 8(a) | The SBA, free, through the MySBA Certifications portal. | For individually owned firms, no group presumption since September 10, 2026. Firms owned by tribes, Alaska Native Corporations, Native Hawaiian Organizations and Community Development Corporations are not affected by that rule. | Set-aside and sole-source federal contracts. 8(a) program guide |
What the new 8(a) test asks for. Under the rewritten SBA rule (13 CFR 124.103), an individual owner has to show that a government or private entity in the United States discriminated or was biased against a racial, ethnic or cultural group the owner belongs to, and then self-certify that this caused them material harm, defined as lost or reduced access to economic opportunity. Evidence the rule accepts includes government, university and corporate policies, official statements, reports and audits, and court decisions. Budget weeks of documentation, not an evening.
For a grant hunt the effect is indirect: grants rarely require a certificate, but a few loans do, and they follow the certifier's rules. If a program asks for "certified MBE", check which certifier it accepts; NMSDC's standard is still group-based, and state programs set their own.
Work the full database, not a list
This page is one slice of 43 programs. The GrantCompass database holds all 736 US programs with what is actually true about each one — instrument, level, status, deadline, amount, and who it is really for. Filter it to minority-owned programs that are open right now, star what fits, and we watch the deadlines for you. That part is free, and it is the thing a list on a blog can never do.
- 1. Filter to minority-owned & open
- 2. Star what fits your business
- 3. We email you before each deadline
Tier 4: the 13 that are closed, paused, or gone — and what changed
13 of the 43 programs are not accepting applications as of October 1, 2026. One closed this month: the Buckeye State Credit Union Small Business Recovery Grant, whose September 30, 2026 deadline passed. Three ended or are winding down: the Fearless Fund Strivers Grant was terminated in September 2024 by a legal settlement and will not reopen; Comcast RISE has run no cycle since May 2024; Illinois’s OE3 grant is discontinued. One federal loan program is paused. Two more are not grants to businesses at all — the MBDA Capital Readiness Program and Mastercard Strive USA award money to nonprofits and CDFIs, which then serve you free. The remaining six are between annual intakes and will come back — including the Black & Brown Founders Empower Growth Fund, whose August 31, 2026 Bizscoreline cutoff has passed with no next round posted.
The legal landscape for race-conscious business grants moved between 2023 and 2025, and founders are still being sent to programs that closed as a result. The Fearless Fund Strivers Grant — a $20,000 award for Black women-owned businesses — was terminated in September 2024 under a settlement with the American Alliance for Equal Rights. The settlement bars the contest from operating; the Fearless Fund itself continues as an investor. That is a matter of record, not a prediction, and it is why the program appears here marked ended rather than quietly dropped. Comcast RISE, which paired a $5,000 cash grant with a marketing and technology package, last ran a cycle in May 2024 and has announced no window since; our catalog records it as winding down. Neither program will be helped by a founder filling in a form.
LGBTQ+ programs confirm eligibility in different ways; see how LGBTQ+ business grants check who qualifies.
A second category wastes more time than the closed ones, because it never closes and never pays you: programs that fund organisations rather than founders. The MBDA Capital Readiness Program awards $400,000 to $1,000,000 to nonprofits and CDFIs so that they can deliver capital-readiness services free of charge. Mastercard Strive USA works the same way — the grant goes to a local partner organisation, which then runs a program you may be eligible for. Both appear on dozens of “minority business grants” lists with an application link a business owner cannot use. They are marked here so you find that out in ten seconds rather than an afternoon.
The six between intakes are ordinary annual or per-cycle programs on a calendar: Sephora’s $100,000 beauty grant historically opens around October and closes about four weeks later; the Black Kitchen Initiative has moved its deadline between September and March across cycles; the Black Girl Ventures pitch program closed its 2026 cohort in May; the Kirabo Grant has closed 2026 with 2027 dates unannounced; Founders First’s supplier grant runs quarterly in principle without a published window; and the Black & Brown Founders Empower Growth Fund closed its August 31, 2026 Bizscoreline cutoff with no next round yet posted. Starring any of them in the database is the low-effort move — the alert arrives when the round reopens, and you do not check.
| Program | Amount when open | Status as of October 1, 2026 |
|---|---|---|
| MBDA Capital Readiness ProgramProgram — funds organisations | $400,000–$1,000,000 (to organisations) | Between Undated — and it funds nonprofits and CDFIs, not individual businesses |
| Sephora Beauty GrantGrant | $100,000 | Between Between intakes — Sephora's 2027 round is taking applications; see /grants/sephora-beauty-grant for the close |
| Black Kitchen Initiative Grant (Heinz × The LEE Initiative)Grant | Up to $25,000 | Between Between intakes — no confirmed 2026 round; past deadlines have moved between September and March |
| Founders First Capital Partners — Small Certified Supplier Innovative Finance ProgramGrant | $5,000 (quarterly) | Between Quarterly in principle, but no dated window is currently published |
| Mastercard Strive USA Small Business GrantGrant — paid to partner organisations | Grants to partner organisations | Between Windows vary by partner — the money is granted to local organisations, not to your business |
| Black & Brown Founders Empower Growth FundGrant | $5,000 (four awards) | Between The August 31, 2026 Bizscoreline cutoff has passed; no next round is posted |
| SBA Community Advantage Small Business Lending Company (CA SBLC)Loan — federal | Up to $350,000 | Closed Paused — recorded in the GrantCompass catalog as not currently taking new applications |
| Black Girl Ventures BGV Pitch ProgramAward — pitch competition | $5,000 + audience crowdfund | Closed 2026 cohort closed May 15, 2026 |
| Kirabo GrantGrant | $5,000 | Closed 2026 cycle closed — 2027 dates not announced |
| Buckeye State Credit Union Small Business Recovery GrantGrant | $125,000 – $200,000 (3 grants) | Closed The September 30, 2026 deadline passed and the program page has been removed |
| Illinois OE3 Small Business Capital and Infrastructure Grant ProgramGrant | $10,000–$245,000 | Ended Discontinued — the FY2025 round closed April 7, 2025 and no next round has been announced |
| Fearless Fund Strivers GrantGrant | $20,000 (program enjoined) | Ended Ended permanently — terminated in September 2024 by legal settlement; it will not reopen |
| Comcast RISEGrant | $5K cash + in-kind pkg | Ended Winding down — the last cycle ran May 2024; no 2025 or 2026 window has been announced |
Race-specific grants after the Fearless Fund ruling: what still works
A private grant open to only one race is now a legal risk for the funder, so most programs that serve minority founders define eligibility another way. In June 2024 the federal appeals court for Georgia, Florida and Alabama (the Eleventh Circuit) held that the Fearless Strivers Grant Contest, open only to businesses owned by Black women, was substantially likely to violate 42 U.S.C. § 1981, the law that bars private parties from discriminating by race when they make contracts. The fund settled in September 2024 and closed the contest permanently.
The ruling binds one circuit, but the federal certification programs moved the same way in 2025 and 2026. The sequence, from the court record and the Federal Register:
- The American Alliance for Equal Rights sues the Fearless Fund and its foundation over the Strivers Grant.
- The Eleventh Circuit orders a preliminary injunction: the contest is substantially likely to violate § 1981 and unlikely to be protected by the First Amendment.
- The parties settle and the Fearless Fund agrees to close the Strivers contest permanently; its other investing continues.
- A Department of Transportation interim rule was in force from this date, removing race- and sex-based presumptions from the DBE program.
- The SBA's rule removing the 8(a) presumption for individually owned firms takes effect.
- DOT's final DBE rule completes the switch to individual determinations.
What replaced the single-race grant is eligibility wording, and the wording tells you what you will be asked to show:
| The wording | What it means for you | Programs that use it |
|---|---|---|
| "Underrepresented" or "under-resourced" founder | Race is one of several listed groups, often with women, veterans, disability and LGBTQ+. You usually self-identify rather than show a certificate. | Antares REACH, Kirabo Grant, Black & Brown Founders |
| "Socially and economically disadvantaged" | A term borrowed from federal programs, where it now means showing disadvantage personally. State programs set their own tests. | Advantage Illinois, Mississippi MBE Loan |
| Minority, women, veteran or low-income owned (any one) | Minority ownership is one route in among several. | Founders First, Minnesota ELP |
| A place or an income level | Eligibility follows your address, your customers or your workers' incomes, not your background. | Pacific Community Ventures, most CDFIs |
| A named race or ethnicity | Still exists, mostly in private and a few state programs. Re-read the current rules first: several have been rewritten or closed since 2023. | Operation HOPE 1MBB, LISC Entrepreneurs of Color, Florida Black Business Loan |
| An MBE or similar certificate | The certificate does the gatekeeping, so the program inherits the certifier's rules. | Ohio Micro-Loan, Founders First supplier program |
Whether a program above is taking applications changes week to week; the lists higher on this page show which are open. For how each category works in depth, read the evergreen minority-owned business grants guide.
Where to start, by founder background
Pick the instrument before the identity label: use the grant list for your group for small awards, a CDFI or MDI for anything larger, and certification only if you sell to government or large companies. If two rows fit you, use both.
| Founder background | Grants: check first | Bigger money | Certification and cautions |
|---|---|---|---|
| Black founders | Black-owned grants, open now | CDFIs with a dedicated Black-owned track, such as HOPE in the Deep South, and MDIs on the FDIC list. | NMSDC MBE for corporate buyers. The Fearless Fund Strivers Grant is closed for good; skip any list that still shows it. |
| Hispanic and Latino founders | Hispanic and Latino grants, open now | CDFIs such as LiftFund, DreamSpring and Pursuit, in the states each one serves. | NMSDC MBE lists Hispanic owners. For 8(a), plan on the individual showing. |
| Native American, Alaska Native and Native Hawaiian founders | Native American grants, open now | CDFIs serving your state or tribal area, plus MDIs on the FDIC list. | A firm owned by a tribe, an Alaska Native Corporation or a Native Hawaiian Organization keeps its 8(a) path; an individually owned firm needs the individual showing. |
| Asian American and Pacific Islander founders | Very few grants name this group alone, so look for "underrepresented" programs in the minority-owned business grants guide. | MDIs, since the FDIC's definition counts Asian American ownership, and CDFIs by place. | NMSDC MBE lists Asian-Indian and Asian-Pacific owners; it is often the most useful credential here. |
| Immigrant founders without an SSN | Immigrant business grants | CDFIs that accept an ITIN, such as Pursuit, DreamSpring and Working Solutions. | Both NMSDC MBE and 8(a) require U.S. citizenship, so certification usually waits. |
| Any background, in a low-income area or hiring locally | City and county grants tied to your address, on the lists above. | Place-based lenders such as Pacific Community Ventures in California, and most CDFIs. | None needed. These programs turn on location or income, not ownership. |
Fit more than one row, or none? See which grants you qualify for: answer a few questions about your business and the matcher sorts the whole catalog for you.
The numbers behind “minority-owned business grants”
Of the 736 US funding programs GrantCompass tracks, 43 are tagged minority-owned; 30 of those are open as of October 1, 2026 and 5 of the 30 are grants. The shape below is the honest one, and it is not the shape a search result implies.
The 43 programs by instrument
- Tier 1 — grants, open now 5
- Tier 2 — loans & other capital 22
- Tier 3 — certification & support 3
- Tier 4 — not open 13
The 30 open programs, by instrument
- 5 of 30. Only 5 open minority-owned programs are grants. The other 25 are real money or real value — but a loan, a credit, or a certificate, and each demands a different afternoon from you.
- 2 dated deadlines in the whole slice. Everything else that is open is rolling or opens on a window nobody publishes in advance. Scarcity here is in dated grants, not in open doors.
- $20,000 is the median published ceiling across the five open grants, all of which state a numeric maximum — two municipal programs ($50,000 and $250,000) sit above it. Two of the five pay $2,500.
- 20 lenders never close. If you need more than $50,000, the honest route for a minority-owned business in 2026 is a CDFI, not a grant competition.
- 2 of the 13 closed rows were never payable to a business at all. MBDA Capital Readiness and Mastercard Strive fund the organisations that help you.
Every row above carries locked intel
Knowing a program exists is the easy half. Every program in the GrantCompass database also carries a Win Layer — the analysis of who actually wins it and why applications fail. Across the 43 programs on this page, 39 carry one: 235 fields on file, a median of 6 per program, and 38 of the 39 carry at least five. All of them are locked.
- Approval odds
- What winners look like
- How it is judged
- Rejection traps
- Required documents
- When cash actually lands
- Clawback risk
Pro unlocks all seven fields on all 736 programs, plus deadline alerts. $49/mo · $249/yr.
See what Pro unlocks →Frequently asked questions
What minority business grants are open right now?
Five, as of October 1, 2026. A sixth, the Buckeye State Credit Union Small Business Recovery Grant, closed when its September 30, 2026 deadline passed. One has a date you can still work against: the Secretsos Small Business Grant ($2,500 a quarter, $15 fee; the Q4 window closes December 31, 2026). The Galaxy Grant ($2,500, free to enter) closed its round on October 31, 2026, and the next round has not been announced. Two are open without a published date: the Philadelphia Commerce Department grants and the Antares REACH grant. The Black & Brown Founders Empower Growth Fund, on this list in earlier months, is between intakes: its August 31, 2026 Bizscoreline cutoff has passed with no next round posted. That is the whole list from a catalog of 736 US programs, and it is smaller than any aggregator page will tell you.
Are there free government grants for minority-owned businesses?
Not as direct cash awards to individual businesses. The federal government does not run a grant program that pays a minority-owned small business to operate or expand, and any site promising one is selling something. What it does run is infrastructure and access: the MBDA Business Center network gives free consulting, contract access and capital introductions; the SBA 8(a) Business Development Program routes sole-source federal contracts to certified firms. Federal grant dollars aimed at this population flow through intermediaries — the MBDA Capital Readiness Program funds nonprofits and CDFIs, which then serve you free. The five open cash grants on this page are private, foundation and municipal money.
What happened to the Fearless Fund grant?
It is permanently closed. The Strivers Grant, a $20,000 award for Black women-owned businesses, was terminated in September 2024 under a settlement with the American Alliance for Equal Rights; the settlement bars the contest from operating and it will not reopen. The Fearless Fund continues as an investor. It is still listed as live on a large number of grant round-ups, which is the single most expensive thing on this page to be wrong about — it is why we keep ended programs visible and labelled instead of deleting the row.
Do I need MBE or 8(a) certification to get these grants?
For the grants, no — none of the open grants requires a minority-business certification. For some of the loans, yes: Ohio’s Minority Business Direct Loan and its 0% Micro-Loan Program both require State of Ohio or Ohio MSDC certification. Certification’s real job is different from grant eligibility: it opens set-aside contracts. Federal certification through the MySBA portal is free; private regional MBE certification carries a fee. Treat it as a sales channel, not a grant prerequisite.
Why are so many “minority business grants” actually loans?
Because that is where the capital is, and because the word “grant” is what gets searched. Of the 30 open programs in this slice, 20 are CDFI or state loans — Treasury-certified mission lenders whose entire purpose is borrowers that banks decline. They are underwritten on cash flow rather than a credit score alone, several accept an ITIN, two charge 0% interest, and they are open every day of the year. A page that relabels them “grants” is not being generous; it is costing a founder the month they spend applying for the wrong instrument.
Is this page the same as your minority-owned business grants hub?
No. The hub is the evergreen explanation — how the programs work, what MBE and 8(a) mean, which categories exist — and it does not change much month to month. This page answers only “what can I apply to today,” is recomputed against the live catalog every month, and keeps the closed rows visible so you can see what changed. Read the hub once. Bookmark this one.