Print
Coronavirus

Wednesday Deadline For Grant Program Aimed At Female Black Business Owners

By Jenny Callison, posted Dec 13, 2021
A grant program announced late last week is aimed at helping Black women business owners, but they must apply by Wednesday of this week.

Backing Black Business will award female Black business owners cash grants and help them with other resources, according to a news release from grant project officials, sent through the Small Business Centers at Brunswick Community College and Cape Fear Community College.

“The COVID-19 pandemic hit Black women business owners across the country hard. Now as signs of recovery emerge, Black women are starting new businesses at record rates even as established business owners expect a long road to recovery,” the release stated. “We recognize the power of Black women entrepreneurs and have partnered with Meta [formerly Facebook] and other community small business organizations to provide cash grants.”

The grant amounts and their targets are:
  • $5,000 cash awards to provide a momentum boost to 50 Black women who launched their businesses during the pandemic;
  • $10,000 cash awards to 150 Black women who owned existing businesses prior to the start of the pandemic;
  • $25,000-$50,000 cash awards to 7 women whose businesses demonstrate momentum and strong potential and who could use the grant funds to take their business vision to the next level.
In addition, applicants can be introduced to coaches, networks, potential partners and peers.

The application is short and easy to complete, so meeting Wednesday’s deadline should not be a problem, said April Scott, director of the BCC Small Business Center.

Backing Black Business is a project of Reimagine Main Street and its network of partners with support from Meta.

“We recognize the power of Black women entrepreneurs, but know all too well that gender and racial bias persists,” Reimagine Main Street states on the grant website. “Before the pandemic, Black women entrepreneurs were not well served by business as usual. By providing cash grants, advertising support and other valuable resources to women who launched their businesses during the pandemic or made it through, we can fuel the aspirations and boost the trajectory of more than 200 Black women entrepreneurs across the United States.”

Scott said she encourages Black women business owners who meet one of the above criteria to apply for a grant, even though there aren’t that many grants available.

“Once you apply for something like this, you are in the organization’s database and you’ll receive direct communications from them when other opportunities become available,” she said Monday.

To learn more about the grant program or to apply by the Wednesday deadline, click here.
Ico insights

INSIGHTS

SPONSORS' CONTENT
Billcoleman lopw headshot

Reaping The Benefits Of Patience

Bill Coleman - Live Oak Private Wealth
Burrus rob headshot 300x300

Keep on the Lookout: Cameron School of Business Star Graduates Enter the Workforce

Robert Burrus - Cameron School of Business - UNC-Wilmington
Jessiepowellheadshot webversion

5 Reasons to Build Custom Franchise Software

Jessie Powell - Wide Open Tech

Trending News

Inaugural Avelo Flight Touches Down At ILM

Johanna F. Still - Jun 30, 2022

New Hanover Community Endowment Names Advisory Council

Neil Cotiaux - Jun 30, 2022

Stepping Up Burgaw's Parks And Rec

Beth A. Klahre - Jul 1, 2022

Commercial Rises In Surf City

Cece Nunn - Jul 1, 2022

Studio Apartments Near Hospital Trade For $3.6M

Cece Nunn - Jul 1, 2022

In The Current Issue

Stepping Up Burgaw's Parks And Rec

The town of Burgaw's parks, recreation and tourism department recently completed several projects and is involved in several more aimed to e...


Dosher Expands Robotic-arm Assisted Surgery

Dosher Memorial Hospital recently added Stryker’s Mako Robotic-Arm Assisted Total Hip replacement procedures....


Rural Medicine In Demand

Like rural communities across North Carolina, Pender County residents face a number of health care concerns: fewer providers, fewer medical...

Book On Business

The 2022 WilmingtonBiz: Book on Business is an annual publication showcasing the Wilmington region as a center of business.

Order Your Copy Today!


Galleries

Videos

Trying to Grow a Business?
2020 Health Care Heroes
2020 WilmingtonBiz 100