Grants and Loans

Current MBDA Grant Competitions

 

First Time Applicant? Review these videos and resources for helpful tips for MBDA Grant Competition Submissions​

Videos

 

GRANTS

Despite what the late-night infomercials want you to believe, the federal government does not provide grants for business expansion and growth. There is no “free” money for you to start or grow a business. 

Grants.gov is the source to find and apply for federal grants.  Grants.gov is a central storehouse for information on over 1,000 grant programs and provides access to approximately $500 billion in annual awards. It does not provide personal financial assistance.

Additional videos

 

LOANS

Financing a business is never simple whether it's a start-up or a business that's been around for years.  From initial seed money to working capital needed to keep operations going and to pay bills, access to capital remains a major barrier to many minority-owned firms.

Let MBDA help you better position your company.

MBDA does not provide loans or grants to start or expand your business.  The grants MBDA does provide are to organizations that operate MBDA's Minority Business Centers throughout the United States.  These organizations provide business consulting, procurement matching and financial assistance to minority-owned firms.

 

Alternative Financing Information

 

More Information on Federal Loan Programs


 

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Published on: 21/05/2020