Grant to Empower and Sustain Small Businesses

GrantID: 70510

Grant Funding Amount Low: $5,000

Deadline: Ongoing

Grant Amount High: $25,000

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Summary

This grant opportunity focuses on supporting small businesses located in specific urban regions that have historically experienced economic challenges and systemic inequities. The funding is intended to help these businesses build resilience, improve their operational capacity, and recover from various economic or community-related disruptions. The grant aims to foster economic inclusion and empower local businesses that serve diverse communities within the designated areas.


Eligible applicants typically include small businesses with a physical presence in the targeted neighborhoods. These businesses are expected to have a certain minimum level of annual revenue and a demonstrated commitment to their community. The funding is generally not limited to nonprofits but is primarily focused on small for-profit enterprises seeking to stabilize or grow their operations. The grant supports a range of uses, including but not limited to operational expenses, capacity building, and other activities that contribute to long-term sustainability.


The grant amounts vary but are designed to provide meaningful support, usually ranging from moderate to substantial funding. Applications are accepted through periodic cycles throughout the year, allowing businesses multiple opportunities to apply. The selection process often emphasizes equitable distribution of funds, prioritizing businesses owned by underrepresented groups and those in neighborhoods facing the most significant economic barriers.


Overall, this grant program serves as a valuable resource for small businesses looking to strengthen their resilience and contribute positively to their local economy. It aligns with broader goals of economic justice and inclusion by addressing gaps in access to capital for historically underserved communities.


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To find more grants, go to The Grant Portal and use the Search Grant tool to find your next grant.

Eligible Regions

Interests

Eligible Requirements

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Grant Portal - Grant to Empower and Sustain Small Businesses 70510

Overview

This grant is meant to financially support organizations or entities that focus their efforts on, but not limited to: Black, Indigenous, People of Color, Community/Economic Development, Employment, Labor & Training Workforce, Financial Assistance, Other, Small Business, Women .