--- url: 'https://lonelyentrepreneur.com/top-minority-business-grants-in-2021/' title: Top Minority Business Grants in 2021 author: name: Michael Dermer url: 'https://lonelyentrepreneur.com/author/reyna12345/' date: '2021-07-01T11:18:18-04:00' modified: '2024-09-03T05:37:00-04:00' type: post categories: - Daily Perspective tags: - entrepreneur - entrepreneurial journey published: true --- # Top Minority Business Grants in 2021 # **Top Minority Business Grants in 2021** [![](https://lonelyentrepreneur.com/wp-content/uploads/2021/07/Instagram-Reminder-Post-.png)](https://lonelyentrepreneur.com/top-minority-business-grants-in-2021/) According to Census Bureau data, the number of minority-owned firms doubled over the last decade.[[1]](https://www.fundera.com/blog/minority-owned-business#sources) This being said, however, although minorities are majorly driving the growth of entrepreneurship in this country, minority business owners still face a multitude of challenges when trying to start and finance their businesses. Overall, minority-owned businesses tend to be smaller and generate lower profits than businesses owned by white people.[[2]](https://www.fundera.com/blog/minority-owned-business#sources) BIPOC entrepreneurs are also [less likely to get access to credit](https://www.fundera.com/blog/racial-funding-gap), which is a key predictor of a business’s future success. Luckily, in addition to traditional financing options, like [business loans](https://www.fundera.com/business-loans), there are a variety of alternative funding solutions that minority entrepreneurs can explore, like small business grants. In this guide, therefore, we explore a list of 12 of the best minority small business grants and what you need to know to apply for these grants for your business. - [Grants.gov](https://www.grants.gov/) - [The National Association for the Self-Employed (NASE) Growth Grants Program](https://www.nase.org/become-a-member/member-benefits/business-resources/growth-grants) - [Small Business Innovation Research (SBIR) and Small Business Technology Transfer (SBTT)](https://www.sbir.gov/) - [Rural Business Development Grants](https://www.rd.usda.gov/programs-services/rural-business-development-grants) - [USDA Water & Waste Disposal Loan & Grant Program](https://www.rd.usda.gov/programs-services/water-waste-disposal-loan-grant-program) - [Tribal Energy Development Capacity Grant Program](https://www.bia.gov/service/grants/tedc) - [USDA Community Connect Grants](https://www.rd.usda.gov/programs-services/community-connect-grants) - [Minority Business Development Agency (MBDA)](https://www.mbda.gov/grants) - [First Nations Development Institute Grants](https://www.firstnations.org/grantmaking/) - [SBA 8(a) Business Development Program](https://www.sba.gov/federal-contracting/contracting-assistance-programs/8a-business-development-program) - [Asian Women Giving Circle Grants](http://asianwomengivingcircle.org/) - [FedEx Small Business Grant Contest](https://www.fedex.com/en-us/small-business/grant-contest.html) [To go learn more go to the following article](https://lonelyentrepreneur.com/top-minority-business-grants-in-2021/). ### [Join the Learning Community:](https://lonelyentrepreneur.com/the-learning-community/)  We want you to be a part of the Lonely Entrepreneur Learning Community and/or share with a fellow entrepreneur for just **$27 a month. **[Click here to learn more. ](https://lonelyentrepreneur.com/the-learning-community/) > ## **“We WILL be there with you every step of the way****.****” ** ## Follow Us on Social Media [](https://www.facebook.com/The-Lonely-Entrepreneur-1618179185108778/)[](https://www.linkedin.com/company/10268899)[](https://www.instagram.com/the_lonely_entrepreneur/)[](mailto:webmaster@lonelyentrepreneur.com)[](http://www.twitter.com/thelonelye)[](https://www.youtube.com/channel/UCPHTWnTgIremq1qvcoqkh8A)![](https://lonelyentrepreneur.com/wp-content/uploads/2019/07/New-Black-logo-200x50.png) ## ### **Where do you go for answers?** [LEARN MORE](https://lonelyentrepreneur.com/the-learning-community/) Our Learning Community is the one stop shop for the intelligence you need. 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