HOW TO GET MINORITY BUSINESS GRANTS
By Dante Lee
www.BlackBusinessCoach.com
Columbus, OH – Business grants arent easy to come by. Even more difficult is finding minority business grants. But with a little determination, finding the grant you need for your business can be easy. There are numerous places to search, including the Internet and your local library.
Some organizations that specialize in helping businesses, such as the Small Business Administration (SBA) have a wealth of information to assist small business owners with everything from business registration to grants. The SBA will guide business owners through the sea of information, taking the time to ensure the road to a productive business doesnt turn into a nightmare.
The government also specializes in grants and loans to assist with every aspect of a business. Grants.gov is one of many resources that provides grants for various organizations, including small businesses. USA.gov also gives small business financial assistance to businesses that qualify.
There are numerous local government organizations that provide grants and loans to businesses within the same field. For example, the U.S. Fish and Wildlife Service provides grants for related businesses. Their objective is to help build a particular field in the community in an effort to build or revitalize a much needed resource.
Each state has valuable resources for minority business owners. The local government typically sets aside a portion of its funds for grants to help build a city or state. These funds are a huge part of building economic viability in a particular area, ensuring there are enough jobs and resources for the people. Most major corporations in these areas also have a foundation that specifically provides funds for various outside projects related to the organization, or its social or political leanings. Research that many Fortune 500 companies and you might be surprised to discover that most of them provide funding for a host of things.
Don’t forget to visit your local library. There are dozens of books that give detailed listings of every foundation in existence, as well as grant opportunities nationally.
There ARE grants out there for minority businesses; one just needs to put in a little leg work to locate them.
Here are some additional resources:
1) Minority Business Development Agency – www.mbda.gov
2) National Minority Business Council – www.nmbc.org
3) Minority Business Entrepreneur Magazine – www.mbemag.com
4) National Institute of Grants For Women – www.grantsforwomen.org
Dante Lee is the president and CEO of Diversity City Media, a multicultural marketing and public relations firm based in Columbus, Ohio. His daily blog, http://www.BlackBusinessCoach.com, offers a FREE email and RSS subscription for Black entrepreneurs and business owners.
CONTACT:
Dante Lee
dante@diversitycity.com
614-595-6063
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I just want to say Thank You for the resources. I will definitely research grants using the tools you have provided.
Erica
Hi
My name is Shaneva Arthur and I wanted to know if you had any advice on how I can advertise my flower arrangement business I have been struggling trying to get it of the ground but its just not working. In the begging of the year Im starting my own T-shirt printing business so if you have any advice about that please feel free to give so great ideas that may help that get off the ground.
Thank You
Shaneva
I wanted to give you a BIG THANK YOU. Because everyone don’t share important information such as this. It’s a charge for everything.
Lolita
I know there’s alot of resources out there….but know one is saying how they got started…or who helped them to get there grant….We know how to ask for help…but know is giving out the real information…..How they got there grant,or the steps it took to get it ……I would love if someone would reply…..on What to do…And not on how to go get started……
I’ve always dream about how may I get started on my own business such as the funding and the requirements for making me dream reality. How is it possible for someone like me how’s 24, senior in college and have a poor credit score even think someone could guide me to success? It will be a honor if someone would reply on how to get started and keep striving in the midst of it all.
I have written several books for children. One of my children’s book have been titled Gussie The Giving Goose. Published through Xlibris. No one is buying the book as fast as I wanted them to. One lady said she wanted several for her grandkids but they were to high. Do you have suggestions since the publisher list the price. Any suggestions you provide will be greatly appreciated.