Black entrepreneurs continue to get a small portion of the capital available through federal and private grant programs. According to experts, awareness, accessibility, and structural obstacles that prevent many opportunities from being taken advantage of are more often the issue than a lack of funds. These are five grants that Black business entrepreneurs commonly overlook, […]
For many Black founders, raising capital remains one of the toughest barriers to growth. Venture capital still overwhelmingly flows to white-owned businesses, and traditional bank loans often come with hurdles that disproportionately affect minority entrepreneurs. Grants, however, offer a unique pathway: they provide funding without debt or equity loss. But competition for these opportunities is […]
Boston.com reports that Boston has allocated $500,000 in grants to 63 local organizations to bolster community empowerment and support positive outcomes for Black men and boys. Mayor Michelle Wu, alongside the Office of Black Male Advancement, unveiled the 2024 Empowerment Grants on March 26, emphasizing the city’s commitment to addressing systemic disparities and promoting equity. […]
