The Pace SBDC’s grants page provides information on the latest grants available to small business owners , including the new grants that aim to assist Latinx and women entrepreneurs listed below.
The Pace SBDC’s Business Advisors can provide assistance on navigating different grant requirements. Click here for more information and to make an appointment.
The Stacy's Rise Project will award 10 women-founded small businesses with $10,000 grants and mentorship with industry leaders. Click here for more information and to access the grant application.
PepsiCo Foundation Hispanic Business Program will provide $10,000 grants to 150 Hispanic-owned food and beverage businesses. Eligible businesses must have earned less than $1 million in 2020 and be located in cities across the country including New York City. The application deadline is June 25, 2021.
The Pace SBDC’s Business Advisors can provide assistance on navigating different grant requirements. Click here for more information and to make an appointment.
The Stacy's Rise Project will award 10 women-founded small businesses with $10,000 grants and mentorship with industry leaders. Click here for more information and to access the grant application.
PepsiCo Foundation Hispanic Business Program will provide $10,000 grants to 150 Hispanic-owned food and beverage businesses. Eligible businesses must have earned less than $1 million in 2020 and be located in cities across the country including New York City. The application deadline is June 25, 2021.
This Is Our New Reality
The 2020 Pandemic changed our lives in unconscionable ways. Who would have imagined a world where we couldn't hug, touch or kiss our loved ones. We could not have imagined that our businesses would be closed in one day, then not able to open again for months with limited capacity and it is still unclear when we will be back to the "new normal."
As business owners and entrepreneurs we work hard, take risks and put everything on the line and if for any reason we fail, it's by our own hand. The Pandemic paused some businesses and completely devastated others. Pivoting has become the new catch phase for those able to change or morph.
Women In the Black has changed focus in 2021 to raise funds to be able to provide grants and loans to African-American women-owned businesses, in addition to workshops, council, promotion and resources that we current provide.. Why - because African-American women have been the last group to receive any government assistance in the past. Why - because this group of business owners are usually also raising our children and making a real difference in the community. Why - because this group of entrepreneurs are very talented, experienced and are not able to soar to the heights of their capacity because of limited financing ability that has been woven into the fabric of the uneven distribution of wealth in America for hundreds of years.
The world-wide "Black Lives Matter" protest has shinned a light on the injustices in the Black community in America that has taken away and denied African-Americans to soar economically.
Women In the Black will continue to build a non-profit organization ready to assist African-American women business owners to maintain and grow their businesses. In the meantime we encourage all to take advantage of current opportunities to get grants and low to no interest loans. We have sourced a comprehensive list of grants, loans and resources below, please apply to all that may be of assistant to you.
I WISH YOU A HEALTHY & SAFE HOLIDAY SEASON
Princess Jenkins-President
Women In The Black New York, Inc.
As business owners and entrepreneurs we work hard, take risks and put everything on the line and if for any reason we fail, it's by our own hand. The Pandemic paused some businesses and completely devastated others. Pivoting has become the new catch phase for those able to change or morph.
Women In the Black has changed focus in 2021 to raise funds to be able to provide grants and loans to African-American women-owned businesses, in addition to workshops, council, promotion and resources that we current provide.. Why - because African-American women have been the last group to receive any government assistance in the past. Why - because this group of business owners are usually also raising our children and making a real difference in the community. Why - because this group of entrepreneurs are very talented, experienced and are not able to soar to the heights of their capacity because of limited financing ability that has been woven into the fabric of the uneven distribution of wealth in America for hundreds of years.
The world-wide "Black Lives Matter" protest has shinned a light on the injustices in the Black community in America that has taken away and denied African-Americans to soar economically.
Women In the Black will continue to build a non-profit organization ready to assist African-American women business owners to maintain and grow their businesses. In the meantime we encourage all to take advantage of current opportunities to get grants and low to no interest loans. We have sourced a comprehensive list of grants, loans and resources below, please apply to all that may be of assistant to you.
I WISH YOU A HEALTHY & SAFE HOLIDAY SEASON
Princess Jenkins-President
Women In The Black New York, Inc.
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UPS is committed to keeping Latinx-Owned small businesses moving forward. COVID-19 has impacted small businesses across the board and the minority small business community has been especially hard hit. In partnership with the USHCC each business can apply for up to $5,000 in grants to help their business.
The deadline to submit your application is Friday, June 11, 2021 at 11:59 p.m. ET. |
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PepsiCo Foundation Hispanic Business Program will provide $10,000 grants to 150 Hispanic-owned food and beverage businesses. Eligible businesses must have earned less than $1 million in 2020 and be located in Los Angeles, Dallas, Houston, San Antonio, Chicago, Miami, Denver, New York City, El Paso, Orlando, Phoenix, Albuquerque, or Las Vegas.
Application Deadline: June 25, 2021 |
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The Jane Walker IFW First Women Grant Program will be funding an additional 15 groundbreaking women-owned businesses through the end of the year. Together with a network of powerful icons, businesses will be selected across Entertainment & Film, Music, Sports, Journalism, STEM, and Hospitality, all on their journey towards a monumental first. Each recipient will receive a $10,000 grant plus a one-year IFundWomen Annual Coaching Membership.
Application Deadline: Rolling basis through June 2021 |
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WomensNet gives away at least $10,000 every month to Women-Owned businesses. Whether you’re starting or growing a business, WomensNet can help! Hurry! The application cutoff for the next $10,000 Amber Grant is June 30, 2021.
Application Deadline: Rolling Basis |
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The Stacy’s Rise Project™ supports small businesses through funding, mentorship and community. The Stacy's Rise Project is providing female-founded businesses with $10,000 grants and mentorship.
Applications are open until July 9, 2021. |
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Big Dreams Deserve Big Rewards!
Apply For A Chance to Win $25,000! The U.S. Chamber of Commerce is proud to recognize the very best in American small business. The annual Dream Big Awards program honors the achievements of small businesses and highlights their contributions to America’s economic growth. Application Deadline: July 16, 2021 |
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1) Brooklyn Chamber of Commerce No Interest Loan Program
Link to apply is below.
https://www.brooklynchamber.com/services/assistance-programs/financing-assistance/
2) Greg Perlman & Michael Clark Small Business Angel Fund The Change Reaction, in partnership with the Hebrew Free Loan Society
is offering zero interest loans of $7,500-$25,000 for small businesses that are still operating and $3,000- $7,500 for small businesses that have been forced to close because of government orders. The loans are available to businesses operating in Brooklyn’s City Council District 39 or Assembly District 44.
Eligible applicants:
1. Reside in New York City, Long Island, Westchester, or Rhinebeck;
2. Have good credit (minimum credit score of 650);
3. Have had business revenues of $1.25 million or less;
4. Have had 15 or fewer employees before the pandemic;
5. Have made on-time rent payments from March 2019 to February 2020
6. Meet certain household income
https://www.tfaforms.com/4824201
3) TruFund COVID-19 Relief Fund TruFund:
has launched a $5 million Relief Fund primarily in support of women and disadvantaged minority business owners. The Fund offers grants of up to $10,000 and low-interest (3%) loans of up to $75,000, payment of which may be deferred for 9-12 months.
A business is eligible if it:
1. Has been operating since August 2019;
2. Can demonstrate economic injury caused by COVID-19; and
3. Is located in New York, Northern New Jersey, Alabama, Louisiana, or Texas.
• For more information about this Fund, click here.
https://www.trufund.org/trufund-launches-5-million-covid-19-relief-fund-to-support-disadvantaged-minority-and-women-owned-businesses/
4) Mainvest’s Main Street Initiative:
Your business can start a crowdfunding campaign with Mainvest, and you may be eligible to receive a $2,000 interest-free loan, in addition to any funds raised by the crowdfunding campaign. Small brick and mortar businesses are eligible for this Program. • For more information about this loan click https://mainvest.com/main-street-initiative
• Create a page for your business (first step) and launch your crowdfunding campaign https://mainvest.com/raise
5) Fiserv Grants:
For black and minority owned businesses: https://aeoworks.org/Fiserv/
6) NYC Storefront Loan:
The program offers 0%-interest loans of up to $100,000 to storefront businesses with 2-99 employees who have business operations since or before January 1st, 2018, were cash flow positive in 2019, and are located in LMI neighborhoods.
The loan term is 60 months with no payments for the first six months, and the proceeds can be used to help businesses restart or continue operations after experiencing challenges from COVID-19.
To apply: https://www1.nyc.gov/nycbusiness/article/nyc-lmi-storefront-loan
6) Interest Rate Reduction Grant:
The Interest Rate Reduction Grant reduces the interest expense owed by small business owners on existing loans with eleven Community Development Financial Institutions (CDFI) who work primarily with Asian, Black, Latinx, and immigrant business owners?, freeing up cash flow to help restart or maintain operations.
Businesses must have an existing loan with a participating CDFI, who will confirm if the business is eligible to apply.
To apply: https://www1.nyc.gov/nycbusiness/article/interest-rate-reduction-gran
7) Shuttered Venue Operators Grant Program
The Shuttered Venue Operators Grant (SVOG) program was established by the Economic Aid to Hard-Hit Small Businesses, Nonprofits, and Venues Act and amended by the American Rescue Plan Act. The program includes over $16 billion in grants to shuttered venues, to be administered by SBA’s Office of Disaster Assistance. Eligible applicants may qualify for grants equal to 45% of their gross earned revenue, with the maximum amount available for a single grant award of $10 million.
Applications Open: April 8, 2021
8) Launch with Goldman Sachs (GS) Entrepreneur Cohort
The Goldman Sachs Launch with GS Entrepreneur program is a customized 6-week experience that provides an opportunity to access the best of Goldman Sachs – from industry experts to influential networks – while building relationships with investors during the evolving business landscape.
Application Deadline: March 29, 2021
9) NPR's How I Built This Fellowship
NPR will select 10 inspiring entrepreneurs to participate in the How I Built This Fellowship program, including the opportunity to pitch Guy Raz and a panel of powerhouse judges. One winning fellow will go home with a $50,000 grant to build their business.
Application Deadline: March 31, 2021
10) She’s Next Black Women-Owned Business Grant Program
Visa is continuing to take action to help remove the disproportionate barriers faced by Black women-owned business founders by launching the She’s Next Grant Program in partnership with IFundWomen to provide eligible Black women-owned businesses across six (6) key cities in the U.S. the chance to win one of sixty (60) $10,000 grants and a one-year IFW Annual Coaching Membership.
Application Deadline: April 16, 2021
11) Comcast RISE
Comcast RISE is a multi-year, multi-faceted initiative launched in October to help strengthen small businesses hard hit by COVID-19. Qualifying businesses can apply to receive consulting, media, and creative production services from Effectv, the advertising sales division of Comcast Cable, or technology upgrades from Comcast Business.
Application Deadline: May 7, 2021
12) Fearless Strivers Grant Contest
The Fearless Fund and Mastercard are partnering to launch the Fearless Strivers Grant Contest to help Black female business owners across the country. A total of seven lucky small businesses will be awarded $10,000.
Application Deadline: May 23, 2021
13) SoGal Black Founder Startup Grant
SoGal Foundation has teamed up with Winky Lux, Bluemercury, twelveNYC, and other sponsors to make a small step towards progress by providing several $10K and $5K cash grants to Black women or nonbinary entrepreneurs.
Application Deadline: Rolling Basis
14) NYC Business Solutions Center Free Webinars
Building an Operational Plan - During this course, you will learn about the value and components of a business operational plan, map your business’s processes, resources, and partners using a business model canvas, identify your critical processes and alternative processes for them, and define Key Performance Indicators (KPIs) and KPI goals for your business.
March 30, 2021
1:00 p.m. – 3:00 p.m.
15) HEF Financial Support
HEF COVID-19 Small Business Recovery Loan Program
HEF is dedicated to providing capital and technical assistance to ensure successful recovery for small businesses in the Bronx, Harlem, Upper Manhattan, and surrounding communities during these unprecedented times as a result of the COVID-19 pandemic. The COVID-19 Small Business Recovery Loan Program will provide:
Working Capital & Equipment Purchase: Up to $15,000
Interest Rate: 1%
Term: Up to 5 Years
Bonus: Three-Month Deferment Period
SBA Paycheck Protection Program Lender
16) The Harlem Entrepreneurial Fund will help small businesses prepare and process applications
as a lender for another round of the U.S. Small Business Administration Paycheck Protection Program (PPP).
SBA PPP - First Draw Borrower Application Package
SBA PPP - Second Draw Borrower Application Package
Please send completed applications and inquiries regarding the SBA Paycheck Protection Program to [email protected].
For additional questions regarding the HEF COVID-19 Small Business Recovery Loan Program, contact Terri-Ann Smith at [email protected] or call 212-749-0900 ext.119
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