Amazon’s Black Business Accelerator

Amazon’s Black Business Accelerator is dedicated to helping build sustainable equity and growth for Black entrepreneurs by enabling their success as sellers. Grow your business with access to financial support, strategic business guidance and mentorship, and marketing and promotional support. See: https://sell.amazon.com/programs/black-business-accelerator?ld=AOUSSOA-AA-BBASURL&ref=MPUSSOA-AA-BBASURL. NOTE: Application period is open.  

WISH

Wish Local launched a $2 million fund to support independent, black-owned retail businesses across the US. Eligible business owners can apply for a $500 to $2,000 grant to help rebuild or reinvigorate their business. Eligibility requirements include 20 or fewer full-time employees, annual revenue of less than $1,000,000 in the last 12 months, brick and mortar store located in the US and or majority black owned. See: https://www.wish.com/local/empowerment.

Opportunity Fund

  1. Opportunity Fund is providing financial assistance to small businesses who are financially struggling amidst the COVID-19 outbreak, subject to funding availability and eligibility guidelines. See: https://www.opportunityfund.org/assistance-for-small-business-owners-affected-by-covid-19/.
  2. Opportunity Fund is also offering a host of webinars on COVID-19 response, on topics ranging from budgeting and forecasting for unstable revenues, revising a business plan for recovery, to managing cash during an emergency. See: https://www.opportunityfund.org/assistance-for-small-business-owners-affected-by-covid-19/.

LISC

  1. LISC is inviting small business owners in rural locations across the country to apply for the LISC-Lowe’s Rural Relief Small Business Grants program. The application period is now open. See: https://www.lisc.org/covid-19/small-business-assistance/rural-relief-small-business-grants/ and https://lisc.tfaforms.net/234. NOTE: The latest application round is now closed.
  2. The LA Regional COVID-19 Recovery Fund is open to micro-entrepreneurs, small businesses, and non-profits located in Los Angeles County. See: https://www.lacovidfund.org/grants and https://lisc.tfaforms.net/125. NOTE: Personal Care / Retail Recovery Grant application is open until May2, 2021.

GoFundMe Small Business Relief Fund & Crowdfunding

  1. GoFundMe is providing matching grants of up to $500 through the Small Business Relief Fund to help small businesses. See: https://www.gofundme.com/c/small-business-relief-initiative-and-fund faqs.
  2. GoFundMe also suggests crowdfunding as an alternative source of emergency financial assistance, by creating a fundraiser and accepting donations from the public. See: https://www.gofundme.com/c/crowdfunding and https://www.gofundme.com/c/blog/coronavirus-relief-small-businesses.

BWC+invest

BWC+invest is a zero-percent interest loan program designed to provide a minimum of $10,000 to businesses of color forced to temporarily close or reduce business activity due to the COVID-19 pandemic. Businesses must have at least one year of operation and two full-time employees. See: https://bwccapital.com/bwcinvest/ or contact bwcconsulting1@gmail.com.

Federal Resources

State Resources

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Apply today to the California Rebuilding Fund

А loan program to support California’s small businesses — especially those located in economically disadvantaged and historically under-banked areas of the state. Businesses who employed 50 or less full-time equivalent employees (FTEs) and had gross revenues of less than $2.5 million or below in 2019 are eligible to apply.

Register