Funding for Small Business and Start Ups in the Minority Community in Maine (USA)
GrantID: 75080
Grant Funding Amount Low: $5,000
Deadline: Ongoing
Grant Amount High: $5,000
Summary
This funding initiative is focused on increasing access to resources for entrepreneurs who have historically been excluded from traditional pathways to capital. The program supports small business owners and startup founders from communities that face persistent barriers in obtaining financial investment and professional mentorship. The intent is to combine funding with education, peer support, and tools that help strengthen operations and long-term growth.
Eligibility is open to individuals and small businesses across the United States. Priority is given to applicants who identify as Black, Latinx, Indigenous, Asian American, Pacific Islander, or other underrepresented groups. The goal is to foster innovation while addressing inequities in access to financial systems, technical expertise, and professional networks. Applicants may be at the early stages of launching a business or may already be managing an existing venture that requires additional resources to expand.
Grant amounts vary, with some awards offered at the seed level to support business planning and launch activities, while others provide higher levels of funding to stabilize or grow established enterprises. Funds may be used for business operations, technology development, marketing, financial readiness, disaster resilience, or strategies for expanding customer reach. Alongside financial assistance, recipients gain access to mentorship opportunities, educational workshops, and connections to networks that can help strengthen both knowledge and capacity.
The broader purpose of this initiative is to ensure that entrepreneurs from underrepresented ethnic communities can thrive in a business environment that has not always supported their success. By offering both capital and community, the program helps create businesses that are resilient, innovative, and positioned to contribute to economic opportunity in their local communities.
Those working in Community Development & Services and located in Maine may meet the eligibility criteria for this grant. To browse other funding opportunities suited to your focus areas, visit The Grant Portal and try the Search Grant tool.
Eligible Regions
Interests
Eligible Requirements
