Premium Member Micro-Grant Program is sponsored by Minnesota Black Chamber of Commerce. Offers financial support to Black-owned businesses in Minnesota for business development, operational support, and capacity building.

Premium Member Grants - Minnesota Black Chamber of Commerce Email: info@minnesotablackchamber. org How to Register Your Business Premium Member Micro-Grant Program The Minnesota Black Chamber of Commerce (MBCC) is proud to offer the Premium Member Micro-Grant Program as part of the 10,000 Black Business Program .

This initiative is designed to provide targeted financial support to our premium members, enabling Black-owned businesses across Minnesota to stabilize operations, accelerate growth, and pursue new opportunities . This is not a one-time opportunity. It is a structured, recurring investment into businesses that are committed to growth and accountability.

The Micro-Grant Program operates on a quarterly cycle , providing consistent and predictable access to funding throughout the year. Grants range from $500 to $5,000 and are awarded based on funding availability, business need, and alignment with MBCC priorities.

Business development and expansion Training, certifications, or capacity building Strategic investments that position the business for growth Quarterly Grant Cycle Structure To ensure consistency and transparency, MBCC operates on the following standard quarterly schedule : Applications are open during the first three weeks of the first month of each quarter : Q1 Applications: January 1 – January 21 Q2 Applications: April 1 – April 21 Q3 Applications: July 1 – July 21 Q4 Applications: October 1 – October 21 This defined window ensures fairness, consistency, and timely review of all submissions.

Review and Selection Period Applications are reviewed during the remaining weeks of the quarter The MBCC Grant Committee evaluates submissions based on established criteria Final selections are completed by the end of the quarter Grant recipients are formally announced and awarded during the first week of the following quarter Awards are presented at MBCC’s Monthly Mixer , providing visibility, recognition, and community engagement Q2 applicants (April) → Reviewed April–June → Awards distributed the first week of July at the Monthly Mixer To apply, businesses must: Be a Paid Premium Member of the Minnesota Black Chamber of Commerce Operate a Black-owned business in Minnesota Demonstrate a clear financial need Present a feasible and well-defined use of funds Commitment to reporting and participation requirements Completed Online Application Business Overview or Plan Current stage and growth goals Clear breakdown of how funds will be allocated Financial statements (if available) Optional letters of support or recommendation Applications are evaluated based on: Strength of business model and growth potential Alignment with MBCC’s mission and economic priorities Demonstrated financial need Community and economic impact Clarity, discipline, and feasibility of the proposed use of funds Grant Management and Accountability All grant recipients are expected to: Submit quarterly progress reports outlining use of funds and outcomes Provide impact statements that reflect business growth and sustainability Participate in select MBCC engagements, including storytelling and program visibility This ensures that funding is not only distributed, but also tracked for real, measurable impact .

This program is made possible through the continued support of: Their investment reflects a shared commitment to strengthening Black-owned businesses and advancing economic equity across Minnesota. The Q2 Cycle is now open. We encourage all eligible premium members to prepare in advance and submit early within the application window.

For questions of support, please contact info@minnesotablackchamber. org . This program is designed with intention.

If you are serious about growing your business, building capacity, and accessing new opportunities, this is a resource for you. Invest in your business. Stay ready.

Apply with purpose. The 2026 Q2 grant cycle is now closed. The 2026 Q3 grant cycle will open in July 2026.

The Minnesota Black Chamber of Commerce is committed to serving Black-owned businesses and their communities through access to education, advocacy and economic development. 401 Robert Street North #150 info@minnesotablackchamber. org