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31 Funding Resources for Black-Owned Businesses

Hubspot Sales

Less access to banking in Black communities and a history of discriminatory lending practices have made it harder for Black founders to secure loans or financial assistance. In recent years, a number of nonprofits, private equity firms, and grant programs have developed with the sole focus of supporting Black businesses. Union Bank.

Resources 132
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How You Can Contribute To The Betterment Of Society (video)

Pipeliner

He passionately argued that, at its core, philanthropy is about being a lover of mankind, and it doesn’t require a hefty bank account or fame to make a difference. Barron also highlighted the value of engaging with nonprofit organizations beyond financial contributions. He is CSMO at Pipeliner CRM.

Video 64
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9 Business Grants For Black Women

Hubspot Sales

Walker, the first Black woman in the United States to become the founder of a bank or Rihanna, pushing the needle forward for true diversity in cosmetics, Black women know exactly what it means to bring ideas to fruition. Zions Bank Smart Women Grants. Some of the most innovative ideas have stemmed from Black women.

Banking 89
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Social Entrepreneurship: What It Is and Why Everyone's Talking About it

Hubspot Sales

They wrote a business plan, circulated the document to a bank, and worked tirelessly to scale their company and drive profits for themselves and their investors. Unlike nonprofits, social entrepreneurship still earns a profit, but focus is placed on the social or environmental change made while earning that profit. Love Your Melon.

Nonprofit 140
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10 Ways to Give Your Success to Others: How Sales Professionals Can Give Back

Sales Hacker

You can even get involved — we’re giving 12 individuals the opportunity to deliver a 5-minute pitch to a VIP panel made up of 20+ of SaaS’ top sales, marketing, and venture capital executives. Find a cause of your choosing and set up a small, recurring monthly donation — say, $5 a month to your local food bank or animal shelter.

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The 15 Best Crowdfunding Sites to Launch Your Business or Product

Hubspot Sales

Luckily, the bank isn’t your only option these days. Whether you want to bring a family recipe to market, create cutting-edge open hardware, or build electronics, Crowd Supply can help. For nonprofits and cause-based organizations exclusively, their most successful campaigns raise an average of $7,000. LendingClub is not a bank.

Nonprofit 121
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6 Ways to Get Your Business "Investor Ready"

Hubspot Sales

Luckily, a bank loan isn't your only option these days. Donation crowdfunding: If you're a nonprofit or local business, donation-based funding might work for you. Debt crowdfunding: With this type of crowdfunding, you borrow money from other individuals instead of a bank. Now it's time to find investors to get it off the ground.

Scale 79