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!

Donnie SmithComment