This $1.3 Million Black Small Business Grant Program Is Now Taking Applications

This $1.3 Million Black Small Business Grant Program Is Now Taking Applications - Gettyimages 1400561047 511495

A grant program that helps Black small-business owners recover from the pandemic is back for its third year — and $1.3 million worth of funds is up for grabs. 

The Coalition to Back Black Businesses (CBBB), a program created by American Express and the U.S. Chamber of Commerce Foundation, offers eligible Black-owned businesses $5,000 in grant funding, along with access to training and mentoring programs. 

“The funding and mentorship opportunities this program offers are crucial to helping small employers adapt to the ever-evolving landscape of running a business,” Carolyn Cawley, president of the U.S. Chamber Foundation, said in a statement Monday, the day applications opened. 

This year’s edition of the program aims to award grants to 272 businesses. That number is determined by funding availability from corporate supporters such as Shopify, Cummins, and Optimum, according to the U.S. Chamber of Commerce Foundation. Other partners include the National Black Chamber of Commerce,…

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This article was written by Melissa Angell and originally published on www.inc.com