The uncertainty surrounding the current economy and the fears of an upcoming recession in the country have significantly impacted new entrepreneurs. Priorities have shifted, and resources are even more limited. Programs that used to support black women entrepreneurs have witnessed a significant reduction, and those that still exist are getting increasingly competitive. In such a situation, a different approach to obtaining grants, like local community funding, private sector partnerships, and intersectional grants, can help. This article brings you a detailed list of business grants that black women can benefit from.
HerRise MicroGrant
The HerRise MicroGrant is basically a program that offers financial assistance to women of color who have innovative minds. This program aims to support women entrepreneurs who wish to secure enough funds for their small businesses. The deadline for the program is rolling, and you have to be a woman entrepreneur to be eligible for it. HerRise MicroGrant will provide you with a monthly reward of $1,000 to grow your small business. You can apply for the program at the official website of HerRise MicroGrant.
Amber Grant
Amber Grant is a program that offers women entrepreneurs funds that will help them grow or start their businesses. The deadline for filing an application to receive the funds is announced every month. You will have to be a woman owning or aiming to start a business to be eligible for it. Amber Grant will provide you with a monthly benefit worth $10,000 for you to grow your business. You can apply for the program at the official website of Amber Grant.
Cartier Women’s Initiative Award
The Cartier Women’s Initiative Award is a global program that focuses on empowering women entrepreneurs. The benefits of this program not only include financial assistance but also mentorship. Women entrepreneurs from all over the world can apply for the program. Women who are aiming to start or expand a business with having social or environmental impact are eligible for the program. It provides benefits up to $200,000 along with mentoring and support. The deadline for the program starts from April 18 and will end on June 24, 2025. You can apply for the program on the official website of the Cartier Women’s Initiative Award.
Women’s Empire Grant
The Women’s Empire Grant program aims to provide financial assistance to women business owners as well as women-led organisations in NYC. The program supports women entrepreneurs in their journey and helps them grow their businesses. The deadline for this program started in March and will last till December 2025. Women who are residents of New York City and are at least 18 years of age can apply for this program. The program offers you a grant worth $1,000. You can apply for the program on the official website of the Women’s Empire Grant.
Boundless Futures Foundation Grants
Boundless Futures Foundation Grants is a program providing financial assistance to women entrepreneurs who foster equal opportunities and have socially responsible business concepts. Female-led organizations in the United States, registered for-profit businesses, or mission-aligned nonprofits can apply for the grants. The program offers you grants up to $25,000, and the deadline for application varies quarterly. You can apply for the program on the official website of Boundless Futures Foundation Grants.
Olga’s Kitchen Grant for Michigan Women Entrepreneurs
Olga’s Kitchen Grant for Michigan Women Entrepreneurs is a program that aims to provide financial assistance to Michigan-based women entrepreneurs. Women must reside in Michigan, and their businesses must be based in Michigan as well. Applicants must have the ability to write a personal statement demonstrating financial need as well. The deadline for the program is rolling, and you can receive rewards up to $10,000. You can apply for the program on the official website of the Olga’s Kitchen Grant for Michigan Women Entrepreneurs.
The Mama Ladder International Grant
The Mama Ladder International Grant is a global program that provides financial assistance to women who are entrepreneurs as well as mothers. It helps them grow their business as they balance motherhood with work. The deadline for this program will last from September 1 to September 30, 2025. The organization has not yet announced the amount of benefits you will receive under this scheme. You can apply for the program on the official website of The Mama Ladder International Grant.
