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Detroit Regional Chamber > Racial Justice & Economic Equity > Reimagine Main Street, U.S. Black Chambers Among Partners Launching Application for ‘Backing Black Business’ Grant Program for Black Women

Reimagine Main Street, U.S. Black Chambers Among Partners Launching Application for ‘Backing Black Business’ Grant Program for Black Women

December 8, 2021
On Dec. 8, 2021, Reimagine Main Street and its presenting partners, Black Girl Ventures, U.S. Black Chambers, Inc., and Walker’s Legacy, launched the application for the Backing Black Business small business grant program with financial support from Meta. The program will award cash grants ranging from $5,000 to $50,000 to more than 200 Black women entrepreneurs, who either started their businesses during the pandemic or who successfully navigated their business through the pandemic.

In addition to the cash grants, Black women-owned businesses will be provided valuable resources, such as introduction to coaches, networks, potential partners, and peers.

The cash grants will be awarded as follows:

  • $5,000 to provide a momentum boost to 50 Black women who launched their businesses during the pandemic
  • $10,000 cash awards to 150 Black women business owners with existing businesses prior to the start of the pandemic
  • $25,000-$50,000 to seven women whose businesses demonstrate momentum and strong potential where cash grants can take the business to the next level

To apply for the grants, businesses must be based in the U.S., launched before July 1, 2021, and have generated at least $10,000 in revenue since January 2021. Read the additional eligibility requirements here.

Applications will be reviewed starting January 2022, and the cash grants and resources will be awarded in February 2022.

Start your application here. Applications are due Dec. 15, 2021.