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
Screenshot2022 01 06at338 162234623

Genesis Block Aims to Connect Minority Owned Firms to $2.5 Million in Contracts in 2023

Girard Newkirk - Genesis Block
Web awstaffpic2020 1 132245438

The Luncheon for Literacy: More than a Meal

Alesha Edison Westbrook - Cape Fear Literacy Council
Jc300 dsc 2735

The Pie Chart of Deception

JC Lyle - Wilmington Area Rebuilding Ministry

Trending News

Affordable Housing Investors Buy Lakeside Villas In $29M Deal

Staff Reports - Jan 26, 2023

Work Continues On Covey, Envisioned As Midtown’s Neighborhood Nest

Miriah Hamrick - Jan 25, 2023

The Half Takes A Bite Out Of New Markets With Second Location

Miriah Hamrick - Jan 25, 2023

City To Begin Due Diligence On Potential Thermo Fisher Building Purchase

Johanna F. Still - Jan 25, 2023

Novant NHRMC Unveils Its Neurosciences Institute

Staff Reports - Jan 25, 2023

In The Current Issue

Preserving Wealth, For Family And History

Plans for major improvements fell by the wayside, delayed by life and the home’s overwhelming degree of deterioration, which placed the prop...


Local, State Efforts Target Service Sector

Many industries have started to recover from the roiling effect the pandemic had on the labor market, but nearly three years after the first...


Facility Owner Puts His Chips On The Table

With more than 15 years of experience in the wood chip industry, Taner Basaga has maintained key relationships with loggers in the region. “...

Book On Business

The 2023 WilmingtonBiz: Book on Business is an annual publication showcasing the Wilmington region as a center of business.

Order Your Copy Today!


Galleries

Videos

2022 Power Breakfast: Wilmington's Most Intriguing People - Spence Broadhurst & Hannah Gage
2022 Power Breakfast: Wilmington's Most Intriguing People - George Taylor
2022 Power Breakfast: Wilmington's Most Intriguing People - Mike Ford
2022 Power Breakfast: Wilmington's Most Intriguing People - Meaghan Dennison
2022 Power Breakfast: Wilmington's Most Intriguing People - Rhonda Bellamy