Over the past two years more and more VC's and investors have created dedicated resources for Black entrepreneurs to help grow their businesses. We've compiled a few of these opportunities below.
This blog was last updated in February 2022.
Sage and The Boss Network have teamed up to offer 25 $10,000 grants for Black women entrepreneurs in their first five years of their entrepreneurial journey. Recipients receive funding, mentorship, and training opportunities.
Each Fall, We Back Black Businesses opens applications for a $5,000 grant for Black entrepreneurs. Grant recipients will receive $5,000, access to a mentorship program and a resource hub, and will be eligible to apply for additional grants in the future.
Invoice 2 go is offering grants of up to $15,000 for BIPOC-owned businesses. Grant recipients must apply by Februrary 28th, and will receive funding, educational resources, and access to a community of entrepreneurs.
SEO can have a big impact on your business' visibility, but it's not something that all business owners have the opportunity to learn. Annuity Freedom offers an ongoing micro-grant for Black-owned businesses which includes $100 and a free SEO audit and consultation.
These microgrants are awarded each month and you're able to apply at any time.
Shopify has partnered with Operation Hope to offer Black-owned businesses an extended free trial of the Shopify platform. Not only will you get a 120-day free trial, but participants will also receive:
Listing your business in a directory and joining an online community are two great ways to increase visibility of your business. Below are a few dedicated to Black-owned businesses and entrepreneurs.