The Black Advancement Coalition (BAC) created the Business Equity Micro-Grant to support young Black entrepreneurs looking to either launch a new business/organization or build their existing business/organization.
BAC will award grantees up to $300
Black youth between the ages of 16 – 23 who either:
- Started developing a business plan.
- Looking to develop an existing business / organization
All funds raised for the Business equity fund will be used to assist young black entrepreneurs in the following ways:
- BAC will cover the costs of filing a business in any state within the United States, including DC.
- BAC will provide financial assistance to new businesses / organizations.
Official Website: Business Equity Micro-Grant for Young Black Entrepreneurs