Finurah Funding Friday: Grants from Goldman Sachs and Caress with a Focus on Black Founders

Grants can also lead to viable collaborations that will help a business find success. LinkedIn, for example, recently awarded a $500,000 grant to digitalundivided and Blavity.org, organizations that both focus on Black founders.

Each platform will receive $250,000 to further develop its Black entrepreneurship fellowship programs. LinkedIn announced it will also partner with digitalundivided and Blavity to promote the stories of Black entrepreneurs while also providing awareness of technical and financial assistance to develop a sustainable business. While a six-figure grant might not be awarded to your small business yet, there’s no harm in building collaborations.

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Photo by Nataliya Vaitkevich from Pexels

Creatively Made 

Creatively, a career platform for creatives, recently launched a new funding opportunity for its members. Creatively Made provides grants up to $5,000 to artists with a portfolio on the platform. Upload creative pieces and tag @creativelymade for panelists to review your work. In addition, awardees will be supported with mentoring and other forms of guidance. The due date for this grant is March 2. Learn more here.     

Caress Dreams to Reality Fund 

Are you a woman business owner looking for grant money? The Caress Dreams to Reality Fund, from the beauty company Caress, is awarding 60 grant awards to women entrepreneurs of color. In addition, the award comes with access to additional resources that will support successful crowdfunding campaigns. The due date for this grant is March 4. For more information, visit the company website

Restaurant Education Scholarships and Grants 

The National Restaurant Association Educational Foundation provides scholarships and grants to people interested in earning a degree that will set them on a path in the restaurant and hospitality industry. Grant awards range from $2,500 to $10,000. Applications are due on March 15. Visit NRAEF’s website for more information

Miami Small Business Grant 

The Mom and Pop Small Business Grant Program is offering funding up to $5,000 to purchase equipment, supplies, advertising/marketing, liability insurance and inventory and to be used toward making minor reservations. This grant is available to small businesses owned and operated in the following districts within Miami Dade: one, four, 10 and 12. Apply here.      

One Million Black Women: Black In Business 

Goldman Sachs’ program, 10,000 Small Businesses, has supported entrepreneurs throughout the country to grow their businesses. Its new initiative, Black In Business, is focused on helping Black women business owners position their companies for growth and sustainability. Participants will discover how to price their products or services, manage their finances and hire employees. In addition to a $2,000 stipend, this program includes a free 12-week online business education program, all-expenses-paid learning opportunities at Goldman Sachs headquarters and so much more.  For more information, check the website here

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