A small business grant is a form of seed money that helps business owners lift their enterprises off the ground. Because grants come with no strings attached, grant programs see a high volume of applicants each year, which can make getting one of these highly sought after prizes difficult to win.
Competition is fierce but numerous programs have started narrowing the playing field by offering grant money to business leaders in minority groups, who have been traditionally underrepresented as grant winners. To be sure, the competition for these grants can still be neck-in-neck, but if you’re a minority business owner, here are five programs to consider.
