Less than 5 percent of American business owners are Black. Amid a pandemic that has sent our economy into free fall, Black-owned businesses need more access to capital and funding than ever before.
And, so, we’re doing just that.
We have partnered with organizations such as BeyGOOD, Diversity Capital, Hello Alice, and many more to support Black entrepreneurship and the businesses that have been hit the hardest as a result of COVID-19 and social uprisings.
NAACP Grants & Resources for Black-Owned Businesses
NAACP x Bacardi: Backing the B.A.R.
The NAACP x BACARDI are working together to provide dedicated support to Black-owned businesses in the beverage alcohol service, sales, and hospitality industries. Backing the B.A.R. is a NAACP initiative that is awarding over $350,000 in acceleration grants, education, support, and entrepreneurship solutions for Black-owned bars, restaurants, nightclubs, lounges, liquor stores, and small businesses in the process of applying for a liquor license.
If you are a Black business owner with a liquor license or real liquor license aspirations — and you need financial, educational, or mentorship support, please apply here. Grantees will receive a grant of $10,000 dollars. Ideal grant recipients are looking for support in accelerating their business for the future.
NAACP x BeyGOOD: Black Owned Small Business Impact Fund
BeyGOOD is on a mission to spread hope. The goal is to provide a lifeline for small businesses at the epicenter of dual pandemics. NAACP has teamed up with the BeyGOOD to expand economic opportunity by awarding grants of $10,000 on the 15th of each month through the end of 2020.
NAACP x Hello Alice: Black-Owned Business Resource Center
NAACP, in partnership with Hello Alice, is working to provide a growing resource of money, networks, and opportunities for one of the fastest-growing groups of small business owners in America. Apply for the BeyGOOD Black-Owned Small Business Impact Fund, utilize the Small Business Toolkit, and more.