Resources for Minority Business Owners
Historically considered a disenfranchised group, minorities are making their way into the backbone of American businesses, nearly doubling in the last decade. Government-sponsored programs, NPOs, and privately-backed programs are offering assistance in the form of knowledge, resources, grants, and programs. We strongly encourage any minority-owned business to take advantage of the following resources in order to establish, grow, or promote their company:
Small Business Administration (SBA)
- SBA 8(a) Business Development Program for Federal Contracting Assistance
- SBA 7(a) Community Advantage Pilot Program
- Minority Business Ownership Brief
US Department of Commerce (USDC)
- Minority Business Development Agency (MBDA) – promotes growth and expansion of minority businesses with management and technical assistance
- State & Local Government Minority Business Enterprise Certification Agencies
- Grant Competitions
- Locate a Business Center
National Minority Supplier Development Council
The National Minority Supplier Development Council is a global leader in advancing business opportunities for its certified Asian, Black, Hispanic and Native American business enterprises and connecting them to member corporations.
Department of Transportation (DOT)
- Disadvantaged Business Enterprise Program - designed to remedy ongoing discrimination and past discrimination in federally-assisted transportation contracting markets nationwide by providing small businesses owned and controlled by socially and economically disadvantaged individuals a fair opportunity to compete for federally funded transportation contracts.
Minority Chamber of Commerce
The Minority Chamber of Commerce is a NPO focusing on business education, networking, and facilitating trade and investment worldwide.
Grants.gov is a place to search government grants for minority-owned businesses
Minority Bank Deposit Program