The City of New Orleans Office of Economic Development has compiled a list of grant opportunities for small businesses that are being offered by both nonprofits and corporations. We have also included a grant opportunity from the Industrial Development Board of the City of New Orleans, specifically geared to startups and established businesses with a construction focus.
$5K Grant Opportunity: Keep It Local Business Fund
Nextdoor Kind Foundation and the NAACP proudly announce the Keep It Local Business Fund that offers people of color a $5,000 grant to grow their businesses and benefit their communities.
Applications are open through December 16, 2022, at 6 p.m. ET.
To be eligible, applicants must operate a business that is majority (51%) owned and/or operated by a person of color(s), be a legal resident of one of the 50 United States and the District of Columbia, excluding U.S. Territories, and be 18 years of age or older (19 in Alabama and Nebraska).
$25K Grant Opportunity: Small Business Growth Fund
The Hello Alice Small Business Growth Fund provides the capital entrepreneurs need to make their next big move. Each recipient will receive a $25,000 grant, provided by Mastercard, to accelerate their growth and help reach their goals in 2023.
Applications for Round 4 are due by Friday, January 6, 2023, at 6 p.m. ET.
To be eligible, a business must have less than $1M in annual revenue, a commitment to their customers and community, and a clear plan for how the funds will help them achieve a significant growth milestone.
$10,000 Grant Opportunity: WomensNet Monthly Amber Grant
WomensNet was created decades ago to help women achieve their business dreams. In 1998, they gave their first Amber Grant in honor of 19-year old Amber Wigdahl, who died before fulfilling her business dreams.
Each month, judges review all the applications — then select 5 finalists. One of those finalists will be the monthly $10,000 Amber Grant grant winner. The other 4 finalists will each receive $1,000. The $10,000 Amber Grant winner each month qualifies for the year-end grant of $25,000.
$25,000 Grant Opportunity: WomensNet Annual Amber Grant
WomensNet awards two separate $25,000 women-owned business grants at the end of each year. The first $25,000 grant goes to one of the previous $10,000 monthly Amber Grant winners. The other $25,000 grant goes to one of the previous $10,000 monthly Business Category Grant winners.
$10,000 Grant Opportunity: The Restaurant Disaster Relief Fund by DoorDash
Disasters are unpredictable — but critical support shouldn’t be. The average small business loses $3,000 every day they remain closed due to a natural disaster. To help restaurants recover in times of critical need, DoorDash has partnered with Hello Alice to create the Restaurant Disaster Relief Fund. The fund supports restaurants impacted by natural disasters like fires, floods and hurricanes, and provides relief through $10,000 grants.
Applications due by December 30, 2022, at 6 p.m. ET.
Black Women Entrepreneurs Grant Program
Fearless Fund and Amazon’s Black Business Accelerator are partnering to launch the Black Women Entrepreneurs Grant Program.
Together, they will award 75 Black women-owned consumer product based small businesses grants ranging from: $10,000-$20,000. In addition, grantees will be enrolled into Amazon’s Black Business Accelerator in order to receive financial support and strategic business guidance.
The Grant Recipients will receive the following:
- $10,000- $20,000 in grants to go towards business growth
- Support with obtaining Black owned business certification (if not already certified)
- Enrollment into Amazon’s Black Business Accelerator
- Support with creating Professional selling account on Amazon
Applications open 11/29/2022 and will close 12/27/2022. All applications will be reviewed, and grant winners will be notified the week of January 23, 2023.
$5,000 and $10,000 Grant Opportunities: Philipson/Randolph Fund
The Industrial Development Board of the City of New Orleans has established the Philipson/Randolph Fund to assist eligible local Disadvantaged Business Enterprises. The fund is geared to startups and established businesses with a construction focus. Both skilled construction trade businesses and professional service providers will be eligible. DBEs that play a role in Affordable Housing are also encouraged to participate. Grant levels include $5,000 awards to startup businesses and $10,000 to more established firms.
The $150,000 Philipson/Randolph fund was established to honor two former IDB officers, Alan Philipson and Allison Randolph. Philipson served as board chair from 2013 to 2021 and Randolph as vice-chair from 2010 to 2015.
The Deadline for Proposal submission is December 16, 2022.