Grant Programs to Support Black-Owned Businesses in Rhode Island (USA)
GrantID: 73780
Grant Funding Amount Low: $100,000
Deadline: Ongoing
Grant Amount High: $200,000
Summary
This initiative supports eligible businesses by encouraging corporations to allocate a percentage of their purchasing power to these companies. The goal is to address economic disparities and promote racial equity within the business ecosystem. By urging large retailers to dedicate a portion of their supplier relationships to Black entrepreneurs, the program fosters greater financial inclusion and visibility for Black-owned brands. Through this movement, businesses are not only amplifying opportunities for underserved communities but also contributing to long-term change within industries that have historically overlooked these entrepreneurs. The initiative also provides a platform for education, advocacy, and collaboration, helping businesses better understand the value and impact of supporting diverse suppliers. It encourages a shift in corporate responsibility, focusing on diversity, equity, and inclusion as essential pillars for sustainable growth and a more equitable economic landscape.
Eligible applicants in Rhode Island with a demonstrated commitment to Business & Commerce are encouraged to consider this funding opportunity. To identify additional grants aligned with your needs, visit The Grant Portal and utilize the Search Grant tool for tailored results.
Eligible Regions
Interests
Eligible Requirements
