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How do you get a business grant if you are a minority?


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2005-05-03 17:30:51
2005-05-03 17:30:51

A good place to start would be your local Small Business Adminstration Office.


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Contact the The Minority Business Development Agency (MBDA). Their website is SBA. They will help you get started and note if your a minority you may get an additional grant.

You will have to wait to apply for the grant until it is open enrollment. Once you apply you can talk to your local small business administration on what you will need to do next.

Minority Business Development Agency was created in 1969.

How do i apply for a business grant?

where can I apply for a business grant

There are a number of different resources where one can find minority business grants. One can find minority business grants through redevelopment agencies such as Fame Renaissance. One can also visit the Minority Business Development Agency website.

what type of grant can a small business get

For obtaining minority business loans, you need to be a- female or an ethnic minority belonging to African-American, Hispanic-American, Asian-American, Alaskan Native and Pacific Islander and American Indians; 51 percent of the ownership shall by a member of one of these groups. A business must be majority owned by a member of a minority group AND a minority business may need to be registered or certified as a minority business, or disadvantaged business enterprise (MBE/DBE)

Yes, if you are a woman or an ethnic minority, you can apply to funds earmarked for minority business development. The government will offer you a subsidized loans.

You can sell your business to your spouse and if she is a minority, then she may be eligible for a minority business loan. You must ask the loan officer if the person has to be the owner for a certain amount of time before they qualify for the loan.

ANSWERMinority grant is favorable for those who is struggling to manage multiple debts and cannot afford to make several payments each month. It gives them a way out by which they consolidate debt.

where do i apply for a small business grant in oklahoma

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First you must possess a unique ability to do this job. Next you must live in a location where there is a demand for your specified services and products. Also consider having a service or product that meets the needs of certain minority groups. These are some of the major criteria for obtaining a business grant. You should check with your local Better Business Bereau.

No, Women are not considered a minority as of the new legislation.

How can they help me get a grant to open up my business.

Where do I find applications for minority organic farming

The Small Business Administration ( and will both help you find the best small business grants for minorities. Minority Business Grants, SBA Loans, SBA Small Business Loans are the best minority small business grants. You can apply for them at

It really depends on who you are attempting to obtain a small business grant from. However, in general, you do not have to be a corporation to win a grant. You do have to be a legally established business, meaning that you have a business license.

How can I get grant money to upgrade and increase my small business?

Joshua D. Griffiths has written: 'Minority business ownership' -- subject(s): Minority business enterprises

The minority status communities benefits the India business as they consume some of the basic commodities produced in the country.

Can I apply for a grant to update our lighting in our small business?

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