How do you get a business grant if you are a minority?
A good place to start would be your local Small Business Adminstration Office.
MBE as it relates to business in the United States stands for Minority Business Enterprise. A Minority Business Enterprise is a business owned primarily by African Americans, Asian Americans, Hispanic Americans or Native Americans. Companies that do business with MBEs are often offered incentives such as rebates.
A WBE is really a Woman Business Enterprise as well as an MBE is really a Minority Business Enterprise. To get the certification, a company should be 51% possessed and run by woman or ethnic minority. A woman isn't considered a minority when using for MBE status, within this situation minority means an ethnic minority for example Asian-American, African-American, Hispanic or Native American.
A person can apply for a grant for a small business through government organizations like local and State governments. Small business grants may be given to companies that have 100 to 500 employees. It also depends on the type of small business. Sometimes one can apply for a small business grant through a non-profit organization.
No. Franchises are expensive and generally involve getting into a business about which you know little. It is better to stick with something you know and start small. For a minority, get certified as a historically underutilized business (HUB), and you will be entitled to government contracts. If you provide a value, you will do well.
Your first challenge will be to find grantors willing to invest in your type/ style of business. Once you identify grantors, then you can solicit details for their requirements in order for you to qualify for their grant. Writing the grant proposal simply implies that you've done enough 'homework' about your business and your potential market, so that you can address all the questions and situations listed in the grant proposal form supplied to you…
The Democrats were in disarray and did not nominate a candidate, but they endorsed Horace Greeley of New York, who had been a Republican, was against big business, was against slavery and for protective tariffs and but was considered by the South to be better than Grant. Grant was favored by business interests and was still a popular war hero. Grant won easily.