Black Business Support Fund Grant For Black Entrepreneurs

Grant Overview

Donor: Kinetic by Windstream

About: The Black Business Support Fund Grant is designed to support black-owned entrepreneurs in the United States. This grant program provides funds on a first-come, first-served basis to eligible black-owned small businesses. The initiative aims to foster economic growth and development within the black entrepreneurial community by offering financial support and additional benefits to help businesses thrive.

The program is open to new or current small business customers within Kinetic by Windstream’s service area. Eligible businesses must be black-owned, have 25 or fewer employees, and not be engaged in bankruptcy proceedings. The grant excludes non-profit organizations and certain types of businesses such as wine and spirits, check-cashing agencies, gun shops, pawn shops, cannabidiol (CBD) stores, and adult entertainment businesses. Each applicant can only apply for one business and receive one award.

Focus: All Businesses

Region: United States

Eligibility:
-New or current small business customers within Kinetic by Windstream’s service area
-Black-owned small businesses with 25 or fewer employees
-Businesses not engaged in bankruptcy proceedings
-Excludes non-profit organizations, wine and spirits, check-cashing agencies, gun shops, pawn shops, cannabidiol (CBD) stores, and adult entertainment businesses
-One application per business, no multiple awards

Benefits:
-$2,500 grant
-Free internet for one year
-Free business consultation

Terms:
–Black Business Support Fund Grant: A grant program supporting black-owned entrepreneurs in the United States.
-Black-owned entrepreneurs: Business owners who identify as black and operate small businesses.
-Economic growth: The increase in economic activity and development within a community.
-Bankruptcy proceedings: Legal process involving a person or business that is unable to repay outstanding debts.
-Non-profit organizations: Organizations that do not operate for profit and are typically focused on charitable or social causes.