Grants
Find New Opportunities with Federal Grants
How can federal grants help your business?
The federal government doesn't give out free money to start or grow a business. However, Grants.gov is a useful resource where you can find and apply for various federal grant programs, totaling around $500 billion per year. Grants.gov doesn't offer personal financial assistance, it connects businesses to funding opportunities for projects that support government initiatives.
Additionally, MBDA helps organizations run Minority Business Centers across the country, providing services like business advice, help finding contracts, and financial support to minority-owned businesses
How to Apply for an MBDA Grant
1.
Register your business to apply for a MBDA grant
To register your business to obtain a Unique Entity ID number so that your application can be tracked. Next register with SAM. To do this, you will need the authorizing official for your organization, and an Employer Identification Number. These two numbers are needed to create a Grants.gov account.
2.
Understand the Grant Announcement
Visit the specific grant page on MBDA.gov to learn more about the program and find frequently asked questions. Then, locate and download the grant application package from Grants.gov. Please review the YouTube video: Making a Reasonable, Allocable, and Allowable Budget for a Federal Grant.
3.
Attend a pre-application teleconference to learn more about the grant and requirements
All pre-application teleconference presentations are also available on the specific grant webpage at mbda.gov for future reference. Please review the YouTube video: Grants Process Overview.
4.
Understand the evaluation process
Thoroughly read the announcement, paying special attention to key sections of the announcement. Check your eligibility in Section C, finds the deadline and requirements in Section D, and learn about the selection process in Section E. When complete draft your application and make sure that you address all requirements outlined in the announcement. Please review the YouTube video: Ingredients for a Great Budget.
5.
Prepare and Submit Application
When application is complete, log onto Grants.gov and submit application. Application MUST be submitted before deadline. After submission, print confirmation of submission.
MBDA Grantees: Pilot Programs & Projects
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Operator Name: Johnetta Hardy Bowie State will teach and deliver an entrepreneurial curriculum tailored to support undergraduate student entrepreneurs....
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Project Director: Helen Turner Chaminade pilots a Sustainability Entrepreneurship course (expanding to a public certificate program) and develop a “Pathways to Entrepreneurship” series of workshops and seminars....
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Defy Ventures will advance its Entrepreneurship Pathway for Formerly Incarcerated Minorities program, which offers executive mentorship, supportive peers, workshops, and training. Defy Ventures....
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DESA, Inc. develops uniquely tailored programs to help resolve identity issues, prioritize expungement options, secure temporary employment, and incorporate one-on-one coaching for entrepreneurship opportunities....
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Georgia Tech Research Corporation will provide access to collaborative workspaces for minority business owners to convene and connect both to incubators, accelerators, and co-working spaces. This is in addition to university-focused technology, artificial intelligence, technology, research, mergers, and acquisitions....
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IAIA is enhancing its Business and Entrepreneurship Certificate Program Development Project, which provides a solid foundation of business literacy and applied business skills....
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Morgan State University will implement a three-phase program to provide options for participants to focus on entrepreneurial training (launch), working with business advisors to address challenges (sustain), or working with seasoned entrepreneurs on future work plans (growth)....
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MP Services, LLC will provide unique, specialized training and guidance to support minority women owned businesses by providing entrepreneurship promotion, including educational workshops, network opportunities and training sessions....
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Operation HOPE to focus on advancing women of color entrepreneurs in key growth industries including tech, exports, food service, e-commerce, transportation, and manufacturing....
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The pilot project titled, “Immersive Delivery and Experiential Entrepreneurship Alternative (IDEEA), which aims to revamp the entrepreneurship minor offered in the College of Business Administration to build the capabilities of undergraduates to open their own businesses. The programming will include seminars, labs, and lectures related to ideation and business modeling, understanding venture financing and developing successful business plans. The program will serve the defined business needs of...
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Loans
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