BUSINESS SUPPORT

Creating a world of equity in business

On average, big banks approve around 60% of loans applied for by white small-business owners, 50% by Latinx small-business owners, and 29% by Black small-business owners. (McKinsey & Company)

Statistics show that BIPOC-owned businesses receive less business financing, less often, and at higher rates. Brookings Institution found that large banks approve around 60 percent of loans sought by white small-business owners, 50 percent of those sought by Hispanic or Latinx small-business owners, and just 29 percent of those sought by black small-business owners.

BIPOC Support Foundation's Business Support program invests in BIPOC communities by bolstering BIPOC-owned businesses. We provide support in the form of grants, media promotion, business resources, and referrals. The success of BIPOC businesses is not only beneficial to our communities, it is the key to financial equity for all. 

We provide:

  • Micro grants for business owners.

  • Each Business owner is assigned a BSF Business Support Specialist. 

  • Access to experienced mentors via BSF's  SCORE partnership.

  • Resources for business development.


This kind of stable network and accessibility to resources exists for other businesses without bias – we are building equal opportunities for businesses that are statistically less likely to be granted loans, less likely to have a system of support within their community, and less likely to survive during times of economic struggles.

Featured Business

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Click on the logo to learn more about Slowbirth Collective

If you are a BIPOC (Black, Indigenous, People of Color) business owner in the United States, please fill out the linked application below to apply for emergency funding and resources for your business.
If you know a BIPOC business that could use support, you can nominate them for a hardship grant! To do so, please fill out the business nomination form below and tell us about their impact on the community.
If you are looking to support these BIPOC businesses in need, donate at the link below:

Testimonial from our first funded business