Office of Minority Economic Empowerment Funding Opportunity Due 6/30/19
The Department of Commerce and Economic Opportunity's Office of Minority Economic Empowerment is posting two Notification of Funding Opportunities for a total of $15 million to provide minority-owned businesses with resources to help create jobs, build capacity, increase revenues, and expand regionally. The announcement marks the first time the program has been funded.
$10 million in funding is open to minority-owned businesses located in underserved populations. Eligible applicants include minority- owned businesses using the federal definition of minority owned firms (at least 51% of the firm is directly and unconditionally owned by one or more members of a minority group), start-ups or established businesses requiring public infrastructure improvements. $5 million in funding is available for incubators who serve or would like to serve minority-owned businesses.
This opportunity is targeting businesses in Illinois and it has a quick turnaround and is due June 30, 2019!
Thanks to our friend Britanny Rickett for bringing this opportunity to our attention.
Click here or the button below for details!