Grant Amount: Up to $25,000
A local grant program offers funding to support Black and Latinx-owned small businesses in Winston-Salem and Forsyth County. The Minority Business Enterprise (MBE) grant fund is focused on improving business success, job retention, and job creation for minority-owned businesses. Grants up to $25,000 are available. Eligible uses of grant funds are special projects and general operating expenses such as salary, wages, lease, rent payments, working capital, and capital expenditures.
Applications close on September, 26, 2022
HOW TO QUALIFY
- Businesses must be Black- or Latinx-Owned.
- Businesses must be located in Forsyth County and in operation as of January 1, 2022.
- Businesses’ gross annual sales must not exceed $1 million.
- Businesses must have at least 1 but not more than 25 full-time employees
Applicants should read the entire criteria and gather supporting documentation before submitting an application.