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Minority grants

What grants are available for minority small businesses? Potential applicants who are starting up or expanding a small business should not automatically assume that a federal grant is always equal to "free money."

A number of grants directed to minority-owned small businesses are in fact low interest loans, however in the initial stages of starting a company, these funds are typically just as appreciated as free cash hand-outs.

Several federal departments that distribute minority small business grants have broader criteria that make it easy for women and minorities of all business interests, and from all walks of life, to apply and start a successful business.

A minority can be defined by ethnicity or race, certainly, including Hispanic Americans, African American, Asian Americans, and Native Americans.However, the term "minority" may also apply to women, especially in the realm of scholarships, and small business funding and loans.

Grants directed to minorities can take an endless number of forms, from sociological or scientific studies to community projects and outreach programs, but arguably the biggest concentration of minority federal grants is for scholarships and college education loans or funds.

New Minority grants List

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