Supporting Black-Owned Business

We've read stats showing that Blacks have a buying power of $1.2 Trillion dollars and that Black women are starting businesses at a faster rate than any other group, but is this enough to change the economic inequalities that plague Black neighborhoods?

Mandy Bowman discusses how it's time to focus on creating and supporting Black businesses to build long term/generational wealth.

Many of the SBA programs offering Small Business Grants, Loan Programs and Counseling Programs for women are offered through state agencies.

Small Business Loans for Women






Small Business Administration HUBZone Program
Small Business Administration HUBZone Program
The Historically Underutilized Business Zones Empowerment Contracting Program provides federal contracting assistance to eligible small businesses located in underutilized business zones to improve their employment opportunities, investments, and their area's economic development.

SBA Low-Interest Disaster Loans
SBA Low-Interest Disaster Loans
Disaster loans can be utilized for the repair and rebuilding of non-farm, private sector disaster losses, and are available to all types of business, instead of being restricted to small businesses alone.

HUBZone Certification Program Webinar
HUBZone Certification Program Webinar
This video explains the basics of the HUBZone certification program for small business federal contractors.

HUBZone certification allows certain small businesses to compete for set-aside contracts aimed at spurring investment in low median income or high unemployment areas.

SBA 8(a) Business Development Program Webinar
SBA 8(a) Business Development Program Webinar
This video explains how the SBA's 8(a) Program works, its eligibility requirements, technical assistance available to small disadvantaged businesses through the program and common myths about the program.

Local Assistance from the Small Business Administration
Local Assistance from the Small Business Administration
The Small Business Administration has many local offices and resource partners that counsel, mentor and train small business owners and entrepreneurs.

These nearby offices and online assistance can help your business start up, succeed and grow. This short video provides a good introduction to services near you.

Small Business Administration Resources for Veterans
Small Business Administration Resources for Veterans
The Small Business Administration offers various resources for veterans interested in starting, financing or growing their businesses.

SCORE Services to Small Business - An Introduction
SCORE Services to Small Business - An Introduction
In an excerpt from a 2010 interview the SCORE CEO discusses its counseling and workshops offerings to small businesses.

The Creative Role That One CDFI Plays in Impact Investing
The Creative Role That One CDFI Plays in Impact Investing
Antony Bugg-Levine, CEO of the Community Development Financial Institution Nonprofit Finance Fund, manages $80 million of impact investments. He is also the author of Impact Investing: Transforming How We Make Money While Making a Difference.

SBA Resources for Women-Owned Businesses
SBA Resources for Women-Owned Businesses
The Small Business Administration has a variety of offerings to assist woman entrepreneurs start and grow and their business endeavors. This latest video provides an in introduction to how the SBA can help you.





Featured Government Grant Resources

Secondary Market Lending Authority Program

The Small Business Administration has constituted the Secondary Market Lending Authority program, one which aims to provide liquidity for the secondary market, thereby ultimately encouraging new lending opportunities from banks of Small Business Administration guaranteed loans.



Getting Money to Start a New Business

Starting a new business can be an exciting venture -- unfortunately, it can also be quite expensive as well. In order to get the money that you need to get your business off of the ground, you might be...




Social Entrepreneurship
Spotlight



The Social Innovators of 2014


For 2014, the Schwab Foundation for Social Entrepreneurship has recognized 37 individuals for their outstanding work in the field of social enterprise.









More Federal Domestic Assistance Programs


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Edited by: Michael Saunders

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