Minority Grants

Many groups and institutions want to see minorities succeed, and they make funds available to qualified applicants in the form of minority grants. Grants are gifts, pure and simple, so they don’t need to be repaid. Why would a person of minority status need a grant? There are many reasons:

  • Start a company or expand an existing business. In the past few decades, the number of businesses owned and operated by minorities has increased exponentially. People of minority status seeking to finance a business venture—including a home-based business—can take advantage of grants from non-privates and private organizations. Check out the government-run Minority Business Development Association for more detailed information on which states offer grants to minorities, how much they offer, and where to apply.

  • Attend college. Minorities have come a long way in higher education, but there’s farther yet to go. People of minority status looking to attend college can take advantage of education grants for minorities. There are several types of education grants, including:

    • grants for minority students;

    • grants that bolster minority representation in fields were minorities are deemed to be underrepresented;

    • grants for non-traditional students;

    • grants for economically disadvantaged students;

    • grants for people of minority descent; and

    • grants for minority students who represent the first generation in their family to go to college.

For more information on education grants for people of minority status, check out Minority Scholarship Funds.

  • Learn a trade. Trade schools exist for cosmetologists, chefs, nurses, lab technicians, court reporters, interior decorators, and so many other lines of work. Often, trade groups will make grants available to help finance a person of minority’s education, especially in fields where minorities are traditionally underrepresented, like nursing. Check with local trade unions and national associations to see if they offer grants to people of minority status seeking to work in their profession.

  • Start a charity or non-profit organization. Starting a non-profit is like starting a business: you need lots of money. Expenses pile up quickly. Fortunately, grants exists to help people of minority status serve and support their community. The Foundation Center is an excellent place to look for funds to start a minority-operated non-profit, or to finance a non-profit that will deal specifically with people of minority and minority-related issues.

Many groups and institutions want to see people of minority status succeed: in business, in college, in life. Chances are, if there’s something you want to do, there’s grant money available for you.

See also:

  • Hispanic Grants
  • Federal Grants for Senior Citizens
  • Grants and Scholarships for Minorities
  • African American Grants
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