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Grants 2024, loan programs for small business owners

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financial, prosperity, 4, ways, new income, freelance, clear real estate, high interest debt, 2024 Grants, Loan Programs, Small Business Owners


Securing financial resources could be a difficult task for businesses of all sizes.

While grants offer financing with no obligation to repay, loans require corporations to comply with strict conditions and repay the quantity borrowed with interest. The key distinction, because the U.S. Chamber of Commerce emphasized, is that subsidies are awarded on the premise of eligibility criteriawith funds allocated for specific purposes, while loans are more easily available, but require the lender to expect timely repayment.

Regardless of the funding source, entrepreneurs across sectors can explore quite a lot of opportunities to fuel their growth and expansion. Entrepreneurs may even seek funding through exciting collaborations, similar to the previous partnership Black Girl Ventures and TikTok covered BLACK ENTERPRISES in February. Applications for the Innovate Together grant program closed last month, calling on all entrepreneurs, founders, small business owners and creators to take part in the $1 million initiative that goals to “redefine success by fostering innovative collaboration, expanding reach branding and building a lasting legacy.”

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Find the proper financing for your small business from the next list of options compiled by .

Black and Minority Owned Business Grants

U.S. Department of Commerce Minority Business Development Agency (MBDA)

8(a) Business Development Program

Amazon’s Black Business Accelerator Program

  • Supports Black Amazon sellers
  • Offers financial supportmentoring, business consulting and promotional support
  • Free imaging services
  • Cash grant opportunities
  • Advertising credits
  • Start-up financing

Black Ambition Award

  • A contest for black and Latino innovators
  • Prizes range from $15,000 to $1,000,000
  • Access to capital, coaching and community
  • Early-stage ventures in consumer products, healthcare, media, entertainment, technology and artificial intelligence
  • Applications by May 6, 2024

National Black Business Showcase

  • Submit a contest to connect Black-owned businesses to the corps striving to diversify the provision chain
  • The 30 finalists reach out to corporate procurement and supplier diversity professionals
  • Cash prizes as much as $10,000
  • Applications might be submitted until June 3

SheaMoisture Grant Programs

  • Supports Black-owned small businesses
  • Business development support
  • $100,000 grants through The Next Black Millionaires program.
  • $10,000 Community Impact Grants for Black-owned U.S. businesses operating for no less than one 12 months

Wish Local Empowerment Program

  • Supports Black-owned businesses employing 20 or fewer employees
  • Financial aid starting from $500 to $2,000
  • Recipients will need to have a mean annual revenue of lower than $1 million
  • Flexibility within the allocation of funds
  • Recipients join Wish Local to realize access to a database of consumers and partners

Minnesota Emerging Entrepreneur Loan Program (ELP)

  • Grants to Minnesota businesses owned by minorities, low-income people, women, veterans and other people with disabilities
  • Provides grant funds for nonprofit lenders to supply loans to start-up and growing businesses
  • Helps create jobs for minorities and low-income people
  • Strengthens minority-owned businesses
  • It stimulates economic growth in disadvantaged areas
  • You must apply through certified nonprofit lenders
  • DEED helps discover the lender
  • Loans are subject to DEED approval

Research and technology grants

Blueprint Medtech Translator Grant for Small Businesses

  • Small corporations developing medical devices for nervous system disorders
  • Supports device prototyping, safety testing, and clinical trials for FDA approval
  • NIH helps plan and monitor research
  • Funding and access to regulations, patents and manufacturing experts
  • Applications by June 20

Innovation Corps within the NIH and CDC Translational Research Program

  • Small corporations working on medical projects supported by previous grants
  • Accelerate your development and commercialization of latest medical technologies
  • 8-week entrepreneurship program
  • Course syllabus to learn more in regards to the potential impact of their technology on customers and partners
  • Covers program and travel costs
  • Applications by April 30

National Institutes of Health Grants

  • Funding research on COVID-19
  • Small corporations developing and researching biomedical technology
  • Many grants
  • Application deadlines throughout 2024 and beyond

Small Business Innovation Research Program (SBIR)

  • Subsidies support federal research and development for commercialization
  • Rewards-based program
  • It supports scientific excellence and technological innovation
  • Must run a for-profit business

National Institute on Disability, Independent Living and Rehabilitation Research SBIR Program

  • Financing the event of technologies and research to enhance the lives of individuals with disabilities
  • Supports national social/economic advantages
  • Provides ten grants totaling $1 million
  • Find available grants through the Administration for Social Life

Small Business Technology Transfer Program (STTR)

  • It funds research in the world of ​​R&D
  • Must have formal collaboration with a research institution
  • Must run a for-profit business
  • Meet other requirements qualify

Small Business Digital Readiness Program

  • Supports small businesses who need to develop within the digital space
  • Digital Readiness Program
  • The free online curriculum includes expert coaching, networking and other resources
  • $10,000 grant eligibility for participants registered in two courses
  • Walkable

Artificial intelligence innovation grant

  • It funds development based on artificial intelligence
  • Open to US-based corporations
  • $10,000 grant
  • Applications by March 15

American Seed Fund

  • Provides financing for technology development
  • Startups and small businesses based within the USA
  • Funding as much as $2 million
  • Sponsored by the National Science Foundation
  • Submit project proposals repeatedly

Casper Accelerate Grant Program

Comcast Innovation Fund

  • Financing technology and research for the event of the Internet
  • Areas of interest in open source development, general and focused research
  • Apps accepted until funds exhaust in 2024

Emerging Technology Fund (ETF)

  • Helps growing businesses in Massachusetts
  • Supports technology corporations with the necessity for acquisitions, expansion, working capital or equipment purchases
  • It must reflect strong management, technical progress, market demand and solid financial performance
  • Loans as much as $4,000,000

Companies affected by Covid-19 or a natural disaster

Rebuild the block

  • Grant program for black entrepreneurs
  • It helps audiences connect with community members on a bigger scale
  • Applicants will need to have been affected by Covid-19 or other devastation
  • 90 candidates in a three-month cycle
  • Apply on the grants website

Retention loan for employees

GoFundMe Small Business Relief Fund

  • Funding for small businesses impacted by Covid-19, supported by GoFundMe and other corporations
  • Donation of $500
  • You must raise no less than $500 via GoFundMe
  • Confirm your activity via the web form

Integration Beauty Fund 2024

  • US-based cosmetics corporations affected by the Covid-19 pandemic
  • Offers one-time grants of $10,000
  • Professional mentoring and business development from L’Oréal management
  • Entries are due March 29 at 6:00 PM EST

Small Business Resilience Readiness Program

Etsy Emergency Relief Fund

  • Supports Etsy business owners who’ve been registered for no less than one 12 months
  • Grant as much as $2,500
  • Financial partnership with the non-profit organization CERF+
  • Companies will need to have been affected by a natural disaster
  • Rolled application

Women-led business grants

Federal Women-Owned Small Businesses (WOSB) Contracting Program.

  • Access to credit and capital
  • SBA program Includes trainingconsulting and federal contracts
  • Program through the Office of Women’s Business Ownership

Amber Grant Foundation

  • It awards quite a few scholarships all 12 months round for women entrepreneurs
  • $10,000 monthly amber grant
  • Amber grants price $25,000 per 12 months
  • $10,000 each quarter for a startup grant and a non-profit grant
  • $10,000 business category grants
  • Apps open depending on the category

Cartier Women’s Initiative

  • Funding for women entrepreneurs around the globe with particular emphasis on social and environmental sustainability
  • Regional award
  • Diversity, Equality and Inclusion Award (open to all genders)
  • Science and Technology Pioneer Award
  • It includes financial support, coaching and peer learning opportunities

Galaxy Grants

  • Offers resources for women and minority business owners
  • $2,750 Galaxy Grants distributed
  • Possibility to receive a grant for one friend of the winner
  • Sponsored by Hidden Star, a 501(c)(3) organization.
  • 30-second entry process
  • Applications by March 31

HerRise MicroGrant

  • It funds American corporations which are majority-owned by women of color
  • Focus on revolutionary social solutions
  • Apps reviewed monthly
  • Ineligible applicants include non-profit organizations, franchises, direct sellers, authorized resellers and independent consultants

IFundWomen universal grant application

Cat Fund

  • Awarding $25,000 to 25 small business owners who’re moms
  • Must be based within the US and have annual revenues of lower than $5 million
  • Employment must range from two to 50 people
  • Register online

#MomsMeanBusiness

RTC Women in Tech Fund

Shea Moisture Grant “Brown Girl Jane.”

LGBTQ+ corporations

Just Society Foundation Grants

StartOut scholarship program

Veteran-led businesses

Disabled Veteran-Owned Small Businesses Program

Hivers and Strivers investment program

  • Provides capital for projects led by veteran-owned and operated businesses
  • Funding from $250,000 to $1 million
  • Submit business ideas on an ongoing basis
  • Ineligible applicants include businesses depending on government contracts

Rise of the Warrior

Other general grants and programs


This article was originally published on : www.blackenterprise.com

Business and Finance

Meet the same guys of the Ole line

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Waiting for things or possibilities will be time consuming and annoying; However, if you have got at the least USD 40, you’ll be able to call one of Robert Samuel’s guys themselves, and they’ll do it for you.

Called by a compatriot from New York, the same guys were seen for people for luxurious samples, holes in the restaurant, and recently the Sean “Diddy” Combs housing. With many good hustle and bustle visible on the web, Samuel began his concert in 2013 during the madness of “Cronut” Croissant-Donut, and now he has 45 employees on his letter and charges from USD 25 to 37.50 USD per hour.

While people attempt to give you how To make a fast zlotySamuel says it’s about using what’s around you. “Always watch out for everything around you. When people complain, just put on a thoughts of thinking and check if you have a solution to what they are complaining about,” said the owner of the company

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“You would probably shock yourself and be on the edge of the next steps.”

His journey began while working as a business representative at AT & T. After nervously that he intended to miss the commission control with the time of the recent edition of the iPhone 5, he decided to comfort himself by publishing an commercial on Craigslist, offering his services to attend in a queue to get one. Three hours later, Samuel was employed only in order that the customer would inform him that he placed a web-based order when he arrived forward.

Then he sold his place in the queue for $ 100, giving the bulb power in his head – and leaving $ 300 in his pocket. “I said,” Well, what can I do? Wait some time. I did lots of sitting on the pavement, “recalls Samuel. “So I created accounts on social media and regularly began.”

His journey even took him outside the NYC limit. Samuel found himself on the plane to face in a queue for the client at the latest meeting of Berkshire shareholders in Berkshire Hathaway in Omaha, Nebraska, at the starting of May 2025. However, the scene of the courtroom became lucrative for his activities, covering the trials of Bankman, Ghislaine Maxwell, and even President Donald Trump in 2024.

According to members of the Samuel team, they’d to fight women I’m attempting to cut the line To take a take a look at Luigi Mangione, a person accused of killing the general director of Unitedhealthcare Brian Thompson. “It was freezing, women tried to limit,” said Brandon Sutton.

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Sutton and two colleagues, Tim and Brian, survived frosty in New York temperatures, because their anonymous customer paid them USD 25 per hour. Regardless of what his clients employ their team, Samuel says that he wouldn’t wish to do the rest, because he can “realize people’s dreams.” “It’s the beauty of bringing joy to people, doing something as simple as waiting in a queue,” said Samuel.

(Tagstransate) Luigi Mangione

This article was originally published on : www.blackenterprise.com
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Ebonie Ward has an official opening of 550 RMG in Atlanta

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Ebonie Ward, 550 RMG


On May 17, the old fourth branch in Atlanta was buzzing with celebration when the entertainment director and entrepreneur Ebona Ward officially opened the door 550 rmgThe recent headquarters of her company, eleventh & Co. A ten,000 square feet of 10,000 is a return to her hometown and a brave investment in black creativity, cooperation and community.

“To be honest, it really means everything,” Ward said about having a brand new headquarters. “You work so hard to achieve a certain level of success. I have been in the industry for 13 years and I have rented a lot of space. I have worked with many other companies and brands, but have something of my own … I just feel completely different.”

Ward travel in the entertainment industry covers over a decade, including rap stars management comparable to Future, Gunna, DDG and Flo Milli. As one of probably the most influential black women in music, she is understood for connecting her sharp business vertex with deep involvement in community, culture and mentoring.

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550 RMG is a brand new house of five black corporations, including eleventh & COCreative Agency Six Degrees, Production Collective Genius Club, Non -Profit initiative and a month on the table and the approaching nine distribution, a brand new distribution company that’s to start out in September 2025.

“It gives me so many opportunities to help many more people,” said Ward. “Especially other black women who are interested in music business, entertainment, television, music, film … allows me to open and support so many other people.”

Ward has an extended history of cooperation with the founders of enterprises positioned at 550 RMG.

“I worked with B. Wright (Brian” Bwrightous “Wright) since 2011, when he was in Morehouse,” she said. “I used to have a Sneaker boutique on Peter Street and sold his shirts. We have been working together for years, and this allows us to support our companies in a more intentional way.”

The recent facility can be an area in which creativity and community coexist. Designed by an interior designer based in Atlanta, Annies Lamantia, 550 RMG features a recording studio, edition and production bay, wardrobe showroom, open kitchen, patio and plenty of conference rooms.

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“Studio is a place where magic is created,” Ward said, although she also emphasized the importance of versatility of space. “I really wanted to pull energy from this space. I wanted the versatility of opening up, so that people could cooperate and be common, but also have a space in which people can be focused and have a certain level of privacy.”

The intention for 550 RMG is deeply rooted in service. “This is the point for me – the messenger,” said Ward. Her Non -Profit organization, a spot on the table, recently hosted the third annual dinner on the occasion of HBCU scholarship holders. “I’ve always walked about music, art, philanthropy, fashion and finance. That’s what I call my Big Five. But philanthropy has such a close and expensive place in my heart.”

Ward’s commitment in social care is as comprehensive as its business tip. From events supporting women who’ve experienced losses in the course of the Mother’s Day, to programming breast cancer awareness in October, significant financial investments in scholarships for young black women attending HBCus, her work through the place on the table changes life. “I am a member of Delta Sigma Theta Borority Incorporated, and the service is always the first. But even more so, service with a mission,” she said.

https://www.instagram.com/reel/dios_qkak70/?igsh=mtnyBMPPMXF2Aglmeq===

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Building a team of powerful black women can be the predominant part of Ward’s legacy. While Ward is the overall director, owner and company manager, Jenna Tyson, Jenna Tyson, is the marketing director (CMO), Alexandria Kindle has 11thAnd the financial director I CO (CFO), Krishna Lee is EVP Touring & Logistics, and Zita R. Brack is the corporate’s internal legal advisor.

“I’m not without them,” Ward said. “As far as I am celebrated, if I could put them on a pedestal – on every pedestal I am in – they would be right next to me. I saw it and I was looking for many of them who came with me because of how amazing I thought.”

With the launch of nine distributions on the Ward horizon, there’s the inspiration for a more fair music industry. “Independence flourishes,” she said. “You don’t have to be signed now to the main label to succeed, but to be able to run a company, it requires a team. This is what we will be able to do differently – you can enter the incubated system in which everything is already working.”

550 RMG was born in addition to vision. “I wanted a comprehensive store,” she said. “There was no institution or a company where you were able to do everything in one.”

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While the obligations to work require an everyday travel department to Los Angeles, a return to Atlanta, to construct 550 RMG, seemed vital. “You must be a change you want in the world,” she said. “If I do not give people work, resources and tools, I do not create opportunities. Black women must see that it is possible.”

(Tagstranslat) ebonie ward

This article was originally published on : www.blackenterprise.com
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Business and Finance

An online tourist company has just broken down. Here’s how to avoid leaving a contract online

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Traveldream.com.au sold with holiday discounts – chosen tourist trips, boutique and cultural trips trips through A clever website and refined social media ads. But last week there have been news that a tourist company from Melbourne He fell to administrationleaving customers from pocket by 1000’s of dollars, and in some cases got stuck abroad.

Many didn’t know that Traveldream has not been formally accredited with a leading industry body since 2020. His status under Australian travel accreditation programLeaded by the Australian Travel Industry Association, has been canceled.

Even worse, most travel insurance policies Do not include insolvencymeaning Many customers cannot get well their losses.

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The Traveldream website has been updated about a message from the administrator.

Australians are expected to end $ 2 billion Online holiday reservation in 2024–25.

Large platforms, corresponding to Booking.com and Expedia Account O 60% this motion. But many travelers also turn to smaller or less known suppliers offering flashy offers and lower prices, often with fewer security.

So how are you able to protect yourself? Start with these five controls.

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1

This is a common tactic that is difficult to resist. You scroll, see a dreamy picture, the value is tempting and suddenly you’re in the course of the money register.

But refined promoting doesn’t guarantee legitimacy.

Travel fraud If They growEspecially engaging Sellers only online.

A couple relaxing on a tropical beach at sunset in a hotel
Ads in social media for idyllic holidays may be tempting, but check a small print.
Song_about_summer/shutterstock

Check for those who can confirm your corporation address, phone number and customer support. If the contract seems unclear, underestimated or excessively urgent, it’s a red flag.

Look for independent reviews (on Trustpilot, TripAdvisor or Google) and check Scamwatch for known problems.

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2. Look how the company is involved with clients

The company’s status isn’t only what it guarantees: It is predicated on how he reacts to questions and complaints. Before booking, take a moment to see how the company interacts with clients online.

Do they respond constructively to complaints? Do they provide updates or explanations when problems arise?

Also concentrate to the tone. Does it feel Human and responsiveIs general and manual? This may suggest how they’ll treat you after sales.

Small characters can speak to the amount. A page with 1000’s of followers, but no visible commitment may indicate a paid audience – and a company that disappears when the situation becomes difficult.

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3. Check if the company is accredited

Another way to assess the credibility of a tourist company is to check whether it has formal accreditation. This signal that the company has met financial security standards, customer support and dispute resolution.

Search for the Australian Travel Accreditation Program register https://www.atas.com.auor search High -quality accreditation. In the case of foreign suppliers, check the recognized local programs.

Accreditation offers additional assurance, but this isn’t the entire picture. Some large, reputable corporations, corresponding to expedia, operate without it. If the company isn’t accredited, proceed caution and give attention to how reservations and payments are supported.

4. Carefully examine the foundations

Before booking, check what is going to occur if the supplier receives whether you’ll be able to cancel or change the date and how the reservation has been confirmed. Where possible, proceed directly with the hotel, air or cruise line to make certain that the reservations are secured.

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Cropped view of a woman entering the hotel room and holding the suitcase
Reservation directly on the hotel or tour supplier may be sure that you’re receiving current availability.
Media_photos/shutterstock

It can also be vital to understand what Travel insurance does – and doesn’t include.

The company’s insolvency is one among the The most typical exclusion. While the policy doesn’t include the “failure of the end supplier” or a similar clause (most don’t), you might not have the ability to apply for a refund. Always read the product revealing instructions to check exactly where you’re.

Another security is to pay for defense. Although the conditions differ depending on the supplier, bank cards can offer a return load If goods or services are usually not delivered.

5. Book directly where possible

During accredited travel agencies It may be helpful in complex routesLike foreign trips with many stops or package services, it is usually price booking directly with the supplier when organizing online travel, no matter whether it’s a hotel, airline or a trip company.

Cutting out brokers can offer higher value, including free add -ons, flexible cancellation and full access to loyalty programs.

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Direct reservations normally reflect the provision and costs in real time, reducing the danger of outdated information. You will use direct communication and confirmation, making it easier to adjust or solve problems.

If something goes improper, there’s also greater clarity about who’s responsible – it offers a stronger appeal Australian consumer law.

Lower line?

As increasingly more Australians book online, it’s tougher to say what’s trustworthy and what can reject you out of your pocket.

The fall of Traveldream is a reminder. Even on this planet of digital travel offers, it pays to ask: is that this company built to last, not only the departure of the trip, but until you come home?

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This article was originally published on : theconversation.com
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