Minority Business – Minority Owned Business

I’ve already been to sites where you have to pay for the information kits, which isn’t what I’m looking for. I just need the place to find a few, and their applications.

Go to http://www.grants.gov for a list of government grants and how you can apply for them. However, there are no grants for a for profit business unless you are opening a daycare and then it is a minimal amount. If you need money, you will need to apply for a loan. No lender will talk to you unless you provide them with a valid business plan. Go to http://www.sba.gov , http://www.score.org or http://www.bplan.com for sample business plans and instructions on how to write a business plan.

Then, go to http://www.score.org/ and in the upper left hand corner, enter your zip code. On the next screen, you will get information on the nearest SCORE chapter. Call them and arrange for a free meeting with a SCORE counselor to review your business plan and discuss various loan options available to you.

SCORE is a nonprofit association dedicated to entrepreneur education and the formation, growth and success of small business nationwide. SCORE is a resource partner with the U.S. Small Business Administration (SBA).

SCORE has 389 chapters in locations throughout the United States and its territories, with 10,500 volunteers nationwide. Both working and retired executives and business owners donate time and expertise as business counselors.

This is the complete list of grants for a small business person

11.800 DOC minority business Enterprise Centers
14.132 HUD Mortgage Insurance_Purchase of Sales-Type Cooperative Housing Units
14.155 HUD Mortgage Insurance for the Purchase or Refinancing of Existing Multifamily Housing Projects
14.197 HUD Multifamily Assisted Housing Reform and Affordability Act
59.007 SBA 7(j) Technical Assistance
59.012 SBA Small Business Loans
59.026 SBA Service Corps of Retired Executives Association
59.041 SBA Certified Development Company Loans (504 Loans)
59.043 SBA Women’s Business Ownership Assistance
59.046 SBA Microloan Program
59.050 SBA Microenterprise Development Grants
81.036 DOE Inventions and Innovations
81.105 DOE National Industrial Competitiveness through Energy, Environment, and Economics

You would think that Grant 11.800 DOC Minority Business Enterprise Centers is what you need. But if you read through what the grant says, it is not to help a minority start a business, but for anyone willing to start a Minority Business Enterprise Centers that would help minorities start their business through counseling, etc http://12.46.245.173/pls/portal30/CATALOG.PROGRAM_TEXT_RPT.SHOW?p_arg_names=prog_nbr&p_arg_values=11.800

OBJECTIVES
To provide electronic and one-on-one business development services for a nominal fee to minority firms and individuals interested in entering, expanding or improving their efforts in the marketplace. MBDA’s funded Minority Business Enterprise Center operators provide a wide range of services to clients, from initial consultations to the identification and resolution of specific business problems.

http://12.46.245.173/pls/portal30/CATALOG.PROGRAM_TEXT_RPT.SHOW?p_arg_names=prog_nbr&p_arg_values=11.800

Whatever race you may be, it is hard to find grants to start a business. Unlike the myths that some perpetuate, federal government and even private foundations hardly give grant money for a for-profit business.

Loans – there are loan programs for minorities but not grants.

Nonetheless, you can go to the Catalog of Federal Domestic Assistance (CFDA) http://www.cfda.gov and Grants.gov http://www.grants.gov – these are two sites created by the federal government to provide transparency and information on grants. Browse through the listings and see if you can find any grant that would support a for-profit venture.

Even if you buy books on "how to get grants" or list that supposedly has information on grants — all of them are mere rehash of what CFDA has, albeit packaged differently. But still the info is the same – hardly any grants for starting a for profit business.

Even SBA does NOT give out grants. From the SBA website http://www.sba.gov/expanding/grants.html…

"The U.S. Small Business Administration does not offer grants to start or expand small businesses, although it does offer a wide variety of loan programs. (See http://www.sba.gov/financing for more information) While SBA does offer some grant programs, these are generally designed to expand and enhance organizations that provide small business management, technical, or financial assistance. These grants generally support non-profit organizations, intermediary lending institutions, and state and local governments."

Here is a listing of federal grants for small businesses. See if there is any available for individuals for starting a business — THERE’S NONE.
http://12.46.245.173/pls/portal30/CATALOG.BROWSE_BENEF_RPT.show

Most of the federal grants are given to specific target groups with specific requirements (e.g. minority business owners involved in transportation related contracts emanating from DOT – Grant#20.905 Disadvantaged Business Enterprises Short Term Lending Program

Grants are also often given to non profit groups or organizations involved in training or other similar activities (grant 59.043 Women’s Business Ownership Assistance that are given to those who will create women’s business center that will train women entrepreneurs

For private grants, you may want to check the Foundation Center’s Foundation Grants for Individuals Online. It’s a subscription based website ($9.95 per month) but their opening blurb only says that the database is ideal for "students, artists, academic researchers, libraries and financial aid offices." Entrepreneurs are apparently not one of them, so I take it they also don’t have listings of private foundations who give grants to would-be entrepreneurs.

IDK

WHOLESALE FOOD & BEVERAGES–Learn small business tips on success from the owner of an organic toddler food company a boutique chocolate manufacturer, and the former CEO and founder of Odwalla, who is now the founder of a fabulous new beverage company Adina World Beat Beverages.

Duration : 0:5:1

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Dr. William Osgood of the Knowledge Institute and co-founder of BUZGate.org, provides advice on common small business questions. This is part of the SME Toolkit/BUZGate Learning Series which answers frequently asked questions when starting a new business.

For more information, visit
http://us.smetoolkit.org/

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Ameren receives Corporation of the Year award from the St. Louis minority business Council.

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Technorati Tags: Ameren, Award, Supplier Diversity

Ken Huck encourages minority contractors to register as a Historically Underutilized Business (HUB).

Ken stated, “I want to get people that are minority contractors and they are not easy to find.”

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Technorati Tags: Ecosavvy, HUBs in North Carolina, minority contractors, renewable energy projects

Dr Chris Steele mbe, shows his support for Low Dose Naltrexone (LDN) and the LDNNow campaign to get this drug available as front line treatment for autoimmune diseases and cancers

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My wife has started a Montessori School, but we don’t have enough capital to expand. Is there any programs for minority/woman owned businesses or anything else that would help her out?
Training/quality of curriculum is not an issue in this area. Without debating the relative value of different school systems, we live in the fastest growing county in the US and all schools are over crowded.

The question stands about financing.

I would start by contacting the Montesori Foundation.

www.montessori.org

They provide a lot of assistance to schools and might be able to point you in the right direction.

Is your Montessori school AMS or AMI affiliated? They would be able to help as well.

How are you looking to exapand? Are you looking to add more of the same age group or add additional grade levels?

I also found this web site for grants:
http://www.k12grants.org/grant_opps.htm

You may want to just search on google for "grant" and "education" to see what comes up.

Good luck!
Matt

Hi anyone know a source for Small Business Grants.

It is a minority women owned and operated.

thank you,
Amit.
This is for a boutique bakery type shop

There are grants for minority business owners, such as those involved in transportation related contracts emanating from Department of Transportation – Grant#20.905 Disadvantaged Business Enterprises Short Term Lending Program

However, if you are looking for grants to start a for profit business, then that’s going to be tougher. There are a number of loan programs available for women and minority business owners, plus certification programs that will allow you to compete better in the government contracting process.

Even SBA does NOT give out grants — even if you are a woman or a minority owned business. From the SBA website http://www.sba.gov/mostrequesteditems/CON_FAQ2.html

————————————————————-
"The U.S. Small Business Administration does not offer grants to start or expand small businesses, although it does offer a wide variety of loan programs. (See http://www.sba.gov/financing for more information) While SBA does offer some grant programs, these are generally designed to expand and enhance organizations that provide small business management, technical, or financial assistance. These grants generally support non-profit organizations, intermediary lending institutions, and state and local governments."
————————————————————-

Nonetheless, you can go to the Catalog of Federal Domestic Assistance (CFDA) http://www.cfda.gov and Grants.gov http://www.grants.gov – these are two sites created by the federal government to provide transparency and information on grants. Browse through the listings and see if you can find any grant that would support a for-profit venture.

Here is a listing of federal grants for small businesses. See if there is any available for individuals for starting a business — THERE’S NONE.
http://12.46.245.173/pls/portal30/CATALOG.BROWSE_BENEF_RPT.show

For private grants, you may want to check the Foundation Center’s Foundation Grants for Individuals Online http://gtionline.fdncenter.org . It’s a subscription based website ($9.95 per month) but their opening blurb only says that the database is ideal for "students, artists, academic researchers, libraries and financial aid offices." Entrepreneurs are apparently not one of them, so I take it they also don’t have listings of private foundations who give grants to would-be entrepreneurs.