Introduction: From Access to Advancement
If you’re a Black entrepreneur, these 7 grants are still active and accepting applications in 2025. And they’re more than just free money — they’re stepping stones to long-term wealth creation.
We know the truth: access to capital remains one of the greatest barriers to sustainable business growth in the Black community. While talent and grit are in no short supply, systemic funding gaps continue to affect founders who are ready to lead — but underserved when it comes to investment. That’s why grants are powerful. They don’t just fund businesses — they acknowledge potential that’s too often overlooked.
But here’s the reality: grants alone aren’t enough. Many entrepreneurs win the check and still stay stuck in survival mode. Why? Because transformation doesn’t happen through transactions. It happens through systems — systems that allow you to leverage capital, build long-term infrastructure, and create generational impact.
In this post, I’m not just handing you a list of 7 high-impact grants. I’m also giving you the mindset and structure to do something with them. This is for the consultants, therapists, educators, agency owners, and service-based founders who are done with the grind and ready for their shift.
Let’s not just chase capital — let’s build sovereign wealth with it.
1. NAACP Powershift Entrepreneur Grant
- 💸 Award Amount: $25,000
- ⏳ Deadline: Nov 1, 2025 (Applications typically open late October)
- ✅ Eligibility: U.S. Black-owned, for-profit business owners aged 18+
- Details: Offers not just grant capital, but mentorship from Shark Tank’s Daymond John and live participation in the Black Entrepreneurs Day event—making it both funding and exposure.
- Official Link: Visit Official Grant Page →
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2. 1 Million Black Businesses Initiative (1MBB)
- 💸 Award Amount: Access to workshops, mentor network, capital resources (no direct cash grant)
- ⏳ Deadline: Rolling enrollment
- ✅ Eligibility: Any U.S.-based Black-owned small business, any revenue stage
- Details: Powered by Operation HOPE and Shopify, this initiative offers curated business training and funding support for over 450,000 Black businesses to date.
- Official Link: Visit Official Grant Page →
3. Wish Local Empowerment Program
- 💸 Award Amount: $500–$2,000 microgrant
- ⏳ Deadline: Rolling applications
- ✅ Eligibility: U.S. Black-owned brick-and-mortar business (< 20 employees, <$1M annual revenue)
- Details: Grants intended to help local store owners with startup costs, inventory, or digital upgrades—while also listing as a pickup partner for Wish, boosting exposure.
- Official Link: Visit Official Grant Page →
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4. HerRise Microgrant (HerSuite Spot)
- 💸 Award Amount: $1,000 monthly
- ⏳ Deadline: Last day of each month (rolling)
- ✅ Eligibility: Women of color, U.S.-based business, <$1M annual revenue
- Details: Designed to elevate female entrepreneurs of color—they receive grant funding plus access to tailored coaching and community support.
- Official Link: Visit Official Grant Page →
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5. Galaxy MicroGrant (Galaxy of Stars / Hidden Star)
- 💸 Award Amount: ~$2,750
- ⏳ Deadline: Typically opens early in 2025—check current window
- ✅ Eligibility: Minority-owned U.S. businesses, including women founders
- Details: Small-scale funding specifically for underrepresented entrepreneurs, making it easier to qualify if you’re early-stage but serious.
- Official Link: Visit Official Grant Page →
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6. SoGal Black Founder Startup Grant
- 💸 Award Amount: $5,000 or $10,000
- ⏳ Deadline: Rolling application process
- ✅ Eligibility: Black women or Black non-binary founders with a registered business
- Details: Offers both funding and access to the SoGal entrepreneur network and mentorship, focusing on scalable business solutions.
- Official Link: Visit Official Grant Page →
7. The Next Black Millionaires by SheaMoisture & New Voices Foundation
- 💸 Award Amount: $100,000 grant + development, retail coaching, and major brand exposure
- ⏳ Deadline: Opens annually (e.g., announced mid‑2024; likely similar timing in 2025)
- ✅ Eligibility: Black-owned U.S. business, ≥ $25K annual revenue, 2+ years in operation
- Details: High-impact award aimed at scaling growth via real-world retail positioning, mentorship, and community investment.
- Official Link: Visit Official Grant Page →
What Most Grant Winners Miss
Winning a grant is a powerful boost. It validates your mission, injects cash, and opens doors.
But here’s the truth: most founders still struggle, even after the funding hits their account.
Why?
Because capital without clarity becomes chaos.
Because money without a model doesn’t scale.
Because grants are not a strategy — they’re fuel. And without a destination, fuel burns out.
Many well-meaning entrepreneurs use grant money to patch holes: rent, supplies, emergency expenses. But they often miss the deeper move — turning those funds into systems that generate wealth long after the money is spent.
That’s where most businesses stall: no automation, no infrastructure, no leverage.
At Sovereign Shift™, we teach high-income professionals how to transform capital into sovereignty — through frameworks like the Precision Wealth System™. It’s not about short-term success. It’s about lasting transformation.
Want to use grants to build wealth — not just survive?
Start Your Precision Wealth System™ Plan Now