Grants for Hispanic Small Business Owners: Funding Opportunities

Grants for Hispanic Small Business Owners are funding opportunities available exclusively or preferentially to businesses owned and controlled by one or more Hispanic or Latino persons. These grants can help entrepreneurs start, grow, or expand their businesses, as well as access education, training, and networking resources.

Grants for Hispanic Small Business Owners
These grants can help entrepreneurs start, grow, or expand their businesses, as well as access education, training, and networking resources.

 

Some of the grants for Hispanic small business owners are:

The Hispanic Heritage Foundation (HHF)

This foundation offers grants of up to $5,000 to Hispanic entrepreneurs who have innovative ideas that can create a positive social impact in their communities.

The grant is part of the HHF’s LOFT (Latinos On Fast Track) program, which also provides mentorship, workshops, and access to a network of leaders and experts. To apply, visit the HHF website.

The Hispanic Scholarship Fund (HSF)

This fund provides scholarships and grants to Hispanic students and professionals who want to pursue higher education or career development.

The HSF also offers entrepreneurship grants of up to $2,500 to Hispanic college students who have a business idea or a startup. The grant is designed to support the development of entrepreneurial skills and mindset, as well as provide financial assistance. To apply, visit the HSF website.

The National Association for the Self-Employed (NASE)

This association offers grants of up to $4,000 to small businesses that are members of NASE. The grants can be used for a variety of business needs, such as marketing, advertising, equipment, inventory, training, and more.

The NASE also provides other benefits to its members, such as discounts, insurance, legal services, and advocacy. To apply, visit the NASE website.

The U.S. Small Business Administration (SBA)

The SBA offers several grants and programs to support small businesses, especially those owned by minorities, women, veterans, and other disadvantaged groups.

SBA’s grants and programs for Hispanic Small Business Owners

Business Development Program

This program helps eligible small businesses that are owned and controlled by socially and economically disadvantaged individuals to compete in the federal marketplace. The program provides access to government contracts, mentoring, training, and other resources. To apply, visit the SBA website.

HUBZone Program

This program helps small businesses that are located in historically underutilized business zones (HUBZones) gain preferential access to federal contracts and opportunities. The program also encourages economic development and employment growth in these areas. To apply, visit the SBA website.

Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) Programs

These programs encourage small businesses to engage in research and development with the potential for commercialization and public benefit.

Comcast RISE

This is a program that supports small businesses, especially women-owned and minority-led businesses, that have been economically impacted by the pandemic.

The program offers grants of up to $10,000, as well as marketing and technology resources, to help businesses recover and grow. To apply, visit the Comcast RISE website.

The Hispanic Heritage Foundation (HHF)

This is a foundation that offers grants of up to $5,000 to Hispanic entrepreneurs who have innovative ideas that can create positive social impact in their communities.

The grant is part of the HHF’s LOFT (Latinos On Fast Track) program, which also provides mentorship, workshops, and access to a network of leaders and experts. To apply, visit the HHF website.

The National Association for Latino Community Asset Builders (NALCAB)

This is a network of more than 120 organizations that serve the needs of Latino communities across the U.S. The offers grants and technical assistance to its members, as well as advocacy and policy initiatives to promote economic opportunity and inclusion for Latinos. To learn more, visit the NALCAB website.

These programs provide competitive grants and contracts to small businesses that partner with research institutions, universities, and federal agencies. To apply, visit the SBA website.

You can also ask a SCORE mentor for help understanding your options and applying for financing. SCORE is a nonprofit organization that provides free business mentoring and education to entrepreneurs. To find a SCORE mentor, visit the SCORE website. I hope this information was helpful. Good luck with your business!

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