Funding Opportunities for Black Women Entrepreneurs in January 2025
Securing financial support is crucial for entrepreneurs looking to scale their ventures and achieve lasting impact. For Black women in business, targeted funding opportunities can provide the resources necessary to overcome barriers and accelerate success. Below is a curated list of grants specifically designed to support Black women and BIPOC entrepreneurs. Each opportunity offers a unique avenue for funding, mentorship, and growth.
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HerRise Micro-Grant The HerRise Micro-Grant provides $1,000 monthly to assist Black women in advancing their businesses. This grant acknowledges the significant contributions of women entrepreneurs and offers consistent monthly funding to fuel innovation and growth.
Transform Business Grant The Transform Business Grant offers $1,000 to help dismantle barriers for Black women aiming to start or expand their businesses. This grant serves as a catalyst for women entrepreneurs to overcome challenges and achieve their business aspirations.
SoGal’s Black Founder Startup Grant SoGal’s Black Founder Startup Grant extends grants ranging from $5,000 to $10,000 to Black women and nonbinary entrepreneurs, supporting their business endeavors. Eligible applicants must have a legally registered business and aim to seek investor financing for scalability.
Corporate Counsel Women of Color (CCWC) Grant The CCWC offers $2,500 grants to women of color entrepreneurs. Eligible businesses must be U.S.-based and operational since at least January 1, 2020. Grants are awarded in January 2025, and the organization also provides mentorship for new business owners.
Women Entrepreneurs from BIPOC Communities Grant Grants of $1,000 are available to women entrepreneurs from BIPOC communities for business needs. This funding supports the growth and development of minority-owned businesses, fostering diversity in entrepreneurship.
Founders First CDC Grants Founders First CDC offers regional grants to entrepreneurs, including Asian, Black, Latinx, LGBTQ+, and veteran business owners. The next cycle opens for Chicago-based businesses in January 2025, providing opportunities for funding and support to diverse entrepreneurs.
Black Girl Ventures (BGV) Pitch Competition The BGV Pitch Competition awards female entrepreneurs grants of $15,000 for first place, $10,000 for second place, and $5,000 for third place. The 2024 competitions are open for NYC and Los Angeles-based businesses, offering a platform for women to showcase their ventures and secure funding.
Women in Business Grant Specifically designed to support Black women entrepreneurs, the Women in Business Grant offers up to $25,000. This funding can be utilized for business development, marketing, and expansion, providing a substantial boost to women-led enterprises.
National Association for the Self-Employed (NASE) Growth Grants NASE offers grants up to $4,000 to assist small business owners in expanding their businesses. Applicants must be active NASE members and provide detailed plans on how they will use the funds. Applications are accepted on a rolling basis, offering flexibility for entrepreneurs seeking funding.
Fearless Innovator Grant Program Launched in South Australia, the Fearless Innovator Grant Program supports female entrepreneurs with grants of $20,000. While region-specific, it highlights the global movement towards empowering women in business. Applications open in June, with grants awarded at the Women in Innovation Awards in November 2024 and 2025.
By exploring these funding opportunities and preparing diligent applications, Black women entrepreneurs can secure the financial support needed to propel their businesses forward in 2025. Visit the provided links to learn more about each grant and take the first step toward unlocking your business’s potential.
