GRANTS.GOV – is a portal website that you can search and apply for federal funding opportunities. It currently handles the grant application submissions for many federal agencies. Grants.gov has a phone application that can be downloaded to your smartphones. https://www.grants.gov/web/grants/search-grants.html?keywords=minority%20small%20business
National Association for the Self Employed (NASE) – NASE Growth Grants for small businesses. Worth up to $4,000 each, NASE Members can apply for small business grants. Small business grants are useful for financing a particular small business need. Past recipients used their growth grants for computers, farm equipment, to hire part-time help, marketing materials, website creation, and more. Growth Grant applicants must be a member in good standing for 3-months prior to submitting an application. (Annual members may apply immediately. Monthly members may apply ninety days after joining the NASE.). https://www.nase.org/become-a-member/grants-and-scholarships/BusinessDevelopmentGrants.aspx
KIVA – Kiva provides crowdfunding loans and unlocking capital for the underserved, improving the quality and cost of financial services, and addressing the underlying barriers to financial access around the world. Through Kiva’s work, students can pay for tuition, women can start businesses, farmers are able to invest in equipment and families can afford needed emergency care. U.S. Entrepreneurs Loans (0% interest).
https://www.kiva.org/borrow
COMMUNITY VENTURES - Community Ventures is a trusted nonprofit resource for small businesses. They are a certified U.S. Small Business Administration (SBA) lender and a recognized leader in small business lending in Kentucky. In 30 years, Community Ventures has helped more than 4,700 entrepreneurs start or expand their businesses. Their financing programs for business development in disadvantaged communities has resulted in the creation and retention of 10,600 jobs. http://www.cvky.org/index.php?/business
PAYPAL BUSINESS LOAN – PayPal provides fixed-term loan based on a full picture of your business that you automatically repay with a predictable weekly payment. Your business must have at least 9 months in business and $42,000 or more in annual total revenue. https://www.paypal.com/us/webapps/mpp/paypal-business-loan
Executive Summary - Disparities in Capital Access between Minority and Non-Minority Businesses. (2017, April 19). Retrieved from https://www.mbda.gov/page/executive-summary-disparities-capital-access-between-minority-and-non-minority-businesses
Educational programs of Kentucky Cooperative Extension serve all people regardless of economic or social status and will not discriminate on the basis of race, color, ethnic origin, national origin, creed, religion, political belief, sex, sexual orientation, gender identity, gender expression, pregnancy, marital status, genetic information, age, veteran status, or physical or mental disability. Kentucky State University, University of Kentucky, U.S. Department of Agriculture, and Kentucky Counties, Cooperating. 2020 KYSU-CEP-FAC-0061