Explore Funding Opportunities for Small Minority Business
As part of our effort to help our Minority Business Enterprises (MBEs) access capital, increase profitability, and scale their businesses, we continue to collect and publish opportunities to help you fund your business, including the following:
Columbus Small Business Funding
Calling local nonprofits and small businesses of Columbus! Columbus, Georgia is offering a new wave of funding for businesses affected by COVID-19 through the American Rescue Plan Act. Small businesses can apply for grants of up to $40,000, and nonprofits can earn up to $25,000. Applications are accepted on a rolling basis. Learn more.
SBA EIDL Deferment
The SBA has implemented a deferment extension for COVID Economic Injury Disaster Loans (EIDLs). All COVID-EIDLs approved in 2020, 2021 and 2022 will have a total deferment of 30 months from the date of the note. Learn more.
SBA Revises Small Business Size Standards in 16 Industrial Sectors
The SBA issued four final rules to modify revenues-based small business size standards in 16 North American Industrial Classification System (NAICS) sectors that will increase small business eligibility for SBA’s federal contracting and loan programs for approximately 59,000 additional firms. Learn more.
Fulton County Recovery Loan Fund
The Fulton County Recovery Loan Fund prioritizes women and minority owned businesses. Learn more.
Local Initiatives Support Corporation (LISC) Fearless Fund
LISC is working with the Fearless Fund to help bridge the gap in venture capital funding for women of color founders. Learn more.