Women and minority business owners often face more barriers to entering the business world. This problem is particularly important when it comes to financing small businesses. But some businesses, nonprofits, and investors are working to change that. Again this week, several organizations announced grant opportunities for women and minority entrepreneurs.
In addition, many independent local businesses are still feeling the effects of the pandemic, closures and labor shortages. So there are also many grants available in the country’s markets to support their recovery efforts. Check out all of these different opportunities below.
Dove Insta Grants
Dove Chocolates recently announced a new grant opportunity to support women-owned businesses. Specifically, the program offers business grants of $ 10,000 to three female SBOs with the goal of fostering financial independence. The #DOVEInstaGrants program is accessible to women at all stages of business ownership. Thus, existing business owners can apply. But aspiring entrepreneurs are also invited to submit their projects, especially those related to innovation and sustainability. Interested founders can apply on the Dove website or Instagram.
Quest Grant for Job Creators in Los Angeles
Founders First CDC in Los Angeles has just launched a grant program to support various businesses in the region. The program includes funding of $ 100,000, which will be distributed to 30 small businesses. Individual grants vary between $ 1,500 and $ 10,000 depending on the needs of each business. Recipients will also receive courses for a Founders First Business Accelerator Program to get their ideas off the ground. Applications must be submitted by November 30. And priority will be given to the various business owners who plan to create new jobs in the area.
South Dakota FAST Seed Grants
South Dakota startups may soon be eligible for a grant of up to $ 10,000. The FAST program is part of a national effort by the US Small Business Administration. Entrepreneurs in South Dakota can charge between $ 1,500 and $ 10,000 to start new businesses. And the program also includes a boot camp, developing a business plan, and other educational elements. Applications for the grant program must be made between February 25 and March 4, 2022. But those interested in training camp can start earlier.
Sequim Small Business Quick Relief Program
Sequim, Wash., City council has just approved an additional $ 250,000 grant to support small businesses in the city. This is a continuation of the city’s existing program to support businesses affected by the pandemic. The money comes from funding for the CARES law, as well as the city’s reserve fund. But the application process and deadline have yet to be announced, as the city is unsure of how best to deal with applications. Previous cycles have gone through the local chamber of commerce.
Avon Lake Small Business COVID-19
The town of Avon Lake, Ohio recently received additional funding of $ 150,000 under the American Rescue Plan Act to support local businesses. This money will go towards the city’s existing grant program. The final cycle will include grants ranging from $ 1,000 to $ 2,500. The city is focused on helping businesses that are still suffering from rising prices and other problems. Thus, restaurants, venues and other local businesses are encouraged to apply online.