Are there any government grants for minority small business owners?

Question

Im trying to start a clothing line as well as my own boutique and I wanted to know if there are any grants that I could try and get. I have heard of a few but want to see if there are more.

Answer 1

Yes, grants for minority and other small business owners do exist. However, they are usually given to businesses that do something to benefit society, like medical research. But don't despair! Instead, do some research on business grants. Here's an article to get you started: http://www.entrepreneur.com/startingabus...

There are empowerment zones that may give grants or at least some kind of assistance, maybe micro-loans, to businesses that help improve the community.

Here's another link you might find helpful, the US Dept of Commerce Minority Business Development Agency: http://www.mbda.gov/?bucket_id=133&secti...

Answer 2

There are no grants for a for profit business.