USBC and the Grubhub Community Fund to Provide over $500,000 in Funding for Black-Owned Restaurants with USBC Restaurant Grant Program


[August 26, 2022] Washington, DC - Today, the U.S. Black Chambers, Inc. (USBC), in partnership with Grubhub and the USBC Community Economic Development Corporation, announced the launch of their new restaurant grant program.


The USBC restaurant grant program helps restaurants receive funding to address business opportunities and current challenges. The fund, made possible by the Grubhub Community Fund, will support over $500,000 in grants to Black-owned restaurants and culinary-based businesses in select cities like New York, Philadelphia, Baltimore, Chicago and more. The first initiative of its kind, this unique partnership launched to support Black-owned restaurants by giving them access to capital and resources to ensure competitiveness in a changing post COVID-19 restaurant landscape including new technology, equipment, staff incentives, and building enhancements. Grants will range from $2,500-$10,000 based on program criteria, the size of the business and need.


“Restaurants play a vital role in their communities, and part of Grubhub’s mission is to help them thrive and have a positive impact on the people they serve,” said Dave Tovar, senior vice president of communications & government relations at Grubhub. “While this is a new partnership, the USBC has a track record of helping Black-owned businesses realize their potential and we’re excited to work together and extend this opportunity to the restaurant industry.”


"We are proud to partner with Grubhub," said Ron Busby Sr., President & CEO of USBC. "We're confident that this partnership will enable us to make a significant impact in the Black restaurant community. Providing much needed capital to Black restaurant owners who are recovering from the global pandemic is essential in empowering them to grow their businesses.”


Application submission for restaurants in New York opens on Monday, August 29, 2022 at 12pm Noon EDT and closes Friday, September 16, 2022. Roll outs to select markets will continue over the next six months. Please check our website for additional funding rounds. For those interested in participating, please visit https://usblackchambers.org/grubhub/ to apply.


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About the U.S. Black Chambers, Inc.

The U.S. Black Chambers (USBC) is the voice of Black business owners and a top advocate for resources and policies that impact Black business owners. To learn more visit: www.usblackchambers.org


About Grubhub

Grubhub is part of Just Eat Takeaway.com (LSE: JET, AMS: TKWY), a leading global online food delivery marketplace. Dedicated to connecting more than 32 million diners with the food they love from their favorite local restaurants, Grubhub elevates food ordering through innovative restaurant technology, easy-to-use platforms, and an improved delivery experience. Grubhub features more than 320,000 restaurant partners in over 4,000 U.S. cities.


Applications Now Open for the Coalition to Back Black Businesses 2022-23 Grant Program


Now in its third year, the Coalition to Back Black Businesses will award $1.3 million in total grants and resources to support the long-term growth of Black-owned small businesses as they continue to navigate challenges including inflation, labor shortages, access to capital, and supply chain disruptions.


[August 24, 2022] Washington, D.C. – The U.S. Chamber of Commerce Foundation and American Express announced that the Coalition to Back Black Businesses (CBBB) is now accepting applications for its 2022-23 grant program, which will provide $5,000 grants to 272 Black-owned small businesses to help them meet critical needs and invest in long-term growth. Eligible business owners can apply for the grant online herestarting August 22 through September 6, 2022.


The CBBB is a multi-year initiative created by the U.S. Chamber Foundation and American Express to support the long-term success and resilience of Black-owned small businesses. The program is a first-of-its-kind collaboration with four leading national Black business organizations, including the National Black Chamber of Commerce, the National Business League, the U.S. Black Chambers, Inc., and Walker’s Legacy. To date, the CBBB has awarded more than $6.4 million in grants to 1,091 Black-owned small businesses in 40 states to help fund essential expenses such as payroll, utilities, and expanding or replacing inventory, among other needs. 


“The funding and mentorship opportunities this program offers are crucial to helping small employers adapt to the ever-evolving landscape of running a business,” said Carolyn Cawley, president of the U.S. Chamber Foundation. “We’re proud to work with our coalition of partners to build on the impact we’ve made over the last two years and support the continued growth of America’s Black-owned small businesses.”


“Small businesses are the backbone of our economy and local communities,” said Jennifer Skyler, chief corporate affairs officer at American Express. “American Express and our partners are proud to see that the grants are making an impact on the small business community, with 50% of our grant recipients seeing a real increase across sales revenue in the second half of 2021.”


“The grant was essential in helping us keep our doors open. The funds were used to pay for one month of rent and utilities for the barbershop, as well as invest in advertising,” said Perry Petit-Beau, owner of Petit Beau-ty & Grooming Company in Fort Lauderdale, Fla. “This helped establish us as reputable in the community, and we are now ranked in the top five barbershops in Fort Lauderdale, Fla. and have a 5-star rating online.”


In addition to $5,000 grants, the CBBB provides additional resources for sustained support, such as one-on-one mentorship and training for small businesses based on individual business needs, offered in partnership with Ureeka. This year, the program will also receive additional support from Cummins and Shopify. Selected grantees will also have the opportunity to apply for $25,000 enhancement grants in Spring 2023 to further grow their business.


To be eligible for the grant program, businesses must meet certain criteria, including having between three and twenty full-time, part-time, or otherwise contracted employees, and must be located in an economically vulnerable community. Business owners can check their eligibility and express their interest in the program by filling out a short form on the CBBB’s websiteIn mid-September, eligible finalists will be invited to complete a full grant application, and 272 businesses will receive a $5,000 grant. Business owners will be notified of their status in mid-October. Businesses that are not selected to receive a grant are encouraged to apply again as the program will continue to run through 2024.


For more information on eligibility and the application process, visit webackblackbusinesses.com.   

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About the U.S. Black Chambers, Inc.

The U.S. Black Chambers (USBC) is the voice of Black business owners and a top advocate for resources and policies that impact Black business owners. To learn more visit: www.usblackchambers.org

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Government contracting

 

On March 31, 2022, the SBA published an updated list of eligible industries for federal contracting set-asides for the Women-Owned Small Business Federal Contracting Program based on a recent study analyzing industry gaps for women-owned businesses. The study, commissioned by the SBA, showed that women-owned businesses are underrepresented or substantially underrepresented in the federal marketplace across hundreds more North American Industry Classification System industries. The updated list will support agencies in allocating set-asides for women-owned small business and economically disadvantaged women-owned small businesses across more industries, potentially resulting in hundreds of millions of dollars in additional set-aside opportunities for women entrepreneurs.

Learn more


Illustration of a laptop with text that includes, PPP Forgiveness Portal

 

Paycheck Protection Program borrowers: If your loan is $150,000 or less, you may be eligible to apply for direct forgiveness through SBA using our online portal. Follow the steps below.

  1. Find out if your lender is participating. 
  2. Watch a video about how to use the portal.
  3. Apply for forgiveness.

For additional information, visit the SBA website.

Text: Help businesses fully reopen. Get vaccinated. Find vaccines near you at vaccines.gov. Illustration: businesses on main street

 

Thanks to vaccines, small businesses across America have opened back up. Keep the momentum going by getting vaccinated. Find a vaccine provider near you

Learn more

U.S. Small Business Administration

Bank of America Access To Capital Directory

Bank of America just announced the launch of its "Access To Capital” directory. The directory features a searchable database that allows women seeking capital to sort potential funding options by type - including seed funding as well as grants and debt capital. Access the directory here

Magenta Edge

Magenta Edge (sponsored by T-Mobile) is a growing library of content for American small business owners with a focus on Black-Owned small businesses. Their website offers educational programming, original stories, and insights for entrepreneurs. Learn more here.

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A Valuable Resource

for

Small Business

Running a small business can be challenging in the best of times, but the pandemic has brought unique challenges that many small businesses hadn’t planned for, further complicating matters.  It’s more important than ever before for small business owners to take advantage of all the opportunities and resources available to them.

The US Small Business Administration (SBA), a federal agency, utilizes a resource partner network to deliver free one-on-one mentoring to small businesses across the country. SCORE, Counselors to America’s Small Business, is one of the SBA’s key resource partners offering personal assistance on a variety of business topics including: business planning, human resources, recordkeeping, financing, marketing and more. SCORE is an all-volunteer organization comprised of both retired and career-active individuals who give back to their communities by sharing their knowledge and expertise with local entrepreneurs. All counseling services are free and training sessions are either free or low-cost.

Maryland is fortunate to have a talented and dedicated team of SCORE mentors serving all counties in the state. There are four regional SCORE Chapters in Maryland offering a combination of in-person, virtual and phone counseling. Chapters are based in Baltimore, Frederick, Annapolis and Chestertown.

On October 1st, SCORE’s Mid-Shore Chapter serving Talbot, Caroline, Dorchester, Wicomico, Somerset and Worcester counties merged with the Southern Maryland Chapter that serves Anne Arundel, Calvert, Charles and St. Mary’s counties. By joining forces, the newly expanded Southern Maryland Chapter, based in Annapolis, Md., offers Eastern Shore entrepreneurs increased access to mentors and a broader range of experience to address the ever-increasing demands placed on both start-up and expanding small businesses and those impacted by the COVID-19 pandemic.

For more information about starting or operating a small business and to find a mentor near you, visit sba.gov or score.org. To learn about COVID-19 relief options for small business, including the SBA’s Economic Injury Disaster Loan (EIDL), visit sba.gov/disaster.

 

About the U.S. Small Business Administration

The U.S. Small Business Administration makes the American dream of business ownership a reality. As the only go-to resource and voice for small businesses backed by the strength of the federal government, the SBA empowers entrepreneurs and small business owners with the resources and support they need to start, grow or expand their businesses, or recover from a declared disaster. It delivers services through an extensive network of SBA field offices and partnerships with public and private organizations. To learn more visit www.sba.gov.

SBA Baltimore District Office


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Open for Business

During these uncertain times, we’re still here for you.

Whether you’re in need of financial assistance or

reworking your business plan, 

SBA has your back…because small business is our business.

 

Q & A with SBA Baltimore

Join us each day for a virtual "office hour."

Drop in online to speak with a SBA Baltimore District Office staff member and

ask your questions.  Learn how SBA’s counseling, training, financing &

government contracting programs can help you start, grow or recover your small business.

Visit our calendar of events for dates & times. 

Registration not required; just use the webinar link in the calendar listing to join us.

 

DISCLAIMER: All SBA programs and services are extended to the public on a nondiscriminatory basis. This website is provided as a public service. It is not an official U.S. government website and it may contain links to non-U.S. government information. Inclusion of such links does not constitute or imply an endorsement by SBA. SBA is not responsible for the content, accuracy, relevance, timeliness or completeness of linked information. Please use caution when considering a product, service or opinion offered by a linked website.

About the U.S. Small Business Administration

The U.S. Small Business Administration makes the American dream of business ownership a reality. As the only go-to resource and voice for small businesses backed by the strength of the federal government, the SBA empowers entrepreneurs and small business owners with the resources and support they need to start, grow or expand their businesses, or recover from a declared disaster. It delivers services through an extensive network of SBA field offices and partnerships with public and private organizations. To learn more visit www.sba.gov.

SBA Baltimore District Office

LEDC Empowered Women International: EWI offers talented and creative women dynamic training programs with professional teachers, mentors and a supportive peer community where they can achieve their entrepreneurial dreams. We meet women where they are on the pathway to self-sufficiency and help them move forward.

CASH Campaign Free Tax Preparation: If you made $57,000 or less in 2020 you may qualify for free tax preparation! CASH and its partners are part of an IRS program to help prepare and electronically file your federal and state tax return for free. We check that you receive tax credits like the Earned Income Tax Credit, and help you get your refund fast with direct deposit.

MWMCA MBE/DBE/WBE Contracting Opportunities: MWMCA gathers bid opportunity information so you will know what governmental organizations and private companies are seeking participation on their contracts. The details listed include prebid meeting date/time, bid due date/time, detailed description, links, and contact information.

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Baltimore Emerging Leaders 2021

HomeLight, a prop-tech company revolutionizing the real estate industry, is proud to announce their partnership with the National Association of Real Estate Brokers, the largest and oldest minority professional real estate trade association in the United States. Through this partnership, they’ve created their very own Black Real Estate Agent Program, which focuses on providing financial and career support for aspiring Black real estate agents between the ages of18 and 25. The program’s goal is to increase the number of top-producing Black real estate agents by eliminating barriers to entering the field! 

We encourage members to spread the word about the program and application to aspiring agents in your communities. If you’re interested in learning more, you can find additional information here: https://www.homelight.com/black-agent-program

LOANS

·  COVID-19 Economic Injury Disaster Loan Application - The Small Business Administration (SBA) provides low-interest Economic Injury Disaster Loans to help businesses during COVID. Apply directly through the SBA here.

GRANT FOR JEWELRY BUSINESSES

·  Halstead Grant  - is an annual award for emerging silver jewelry artists. Applicants submit answers to 15 business questions in addition to their design portfolios. The grand prize is a $7,500 cash grant plus other benefits. The deadline is August 1st each year. Learn more here.

Has Your Business Been Impacted by COVID-19?

Women’s Business Centers (WBCs) provides COVID-19 impacted businesses with resources to provide educationtraining, and business advising to small businesses that have experienced supply chain disruptionsstaffing challengesa decrease in gross receipts or customers, or a closure as a result of COVID-19. 

Sign up Today for a FREE Business Advisor


The Baltimore Metropolitan Womens Business Center provides business advisory services for businesses located in Baltimore City, Baltimore, Howard, Frederick, Carroll, and Harford counties.


Our Business Advisors specialize in Branding, Digital Marketing, Business Development, Talent Management (Human Resources/Hiring), Sales and Minority Business Certification/Business Licenses.

  1. Visit the Baltimore Metropoliltan Womens Business Center website - Click Here
  2. Click on the ADVISORY SERVICES Link
  3. Click on the GET STARTED link and you will be directed to the sign up page to register for a business advisor.

Follow the Baltimore Metropolitan Womens Business Center on Facebook and Instagram for business events and business resources.

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LOANS AND GRANTS


Department of Treasury

Read more about the current process for qualifying for loans and grants from the Federal programs.


KIVA Loans 

KIVA has funding options for businesses. Click here to learn more. 


Short term commercial loans not based on credit...

If you have submitted an invoice for services and you are waiting to be paid, or if you have a purchase order to fill, but need funding to get started, learn more about WHC’s programs that can help.

 

JOBS


Jobs at the Small Business Administration 

The SBA has a variety of temporary jobs to assist with the COVID-19 response. Click here to learn more.  


Jobs in Baltimore

The Mayor’s Office of Employment Development has compiled job openings in the area. Click here to learn more.


Department of Labor

The Department of Labor has compiled some job opportunities. Click here to learn more. 

Miles & Stockbridge Black Business and Startup Initiative (https://www.mslaw.com/black-business-start-up-initiative)

  • Miles & Stockbridge is offering a new initiative that will provide pro bono legal support to Black owned businesses in a range of areas, including review of corporate and other organization documents, review of commercial contracts, review of leases and lease negotiation support, assistance with web site policies, assistance with legal issues relating to loans and other financing.  
  • To qualify for assistance, businesses must meet the following criteria:
    • 50% of business owners are Black entrepreneurs
    • Fewer than 10 employees
    • Under $500,000 in annual revenue
    • Been in business for less than 5 years
  • To request assistance, businesses should email MilesBBI@mslaw.com to request an intake. And for more info visit:
    https://www.mslaw.com/black-business-start-up-initiative

On June 30th, Governor Larry Hogan announced another round of small business support. This additional support is part of a much larger allocation of federal CARES Act resources to support K-12 and higher education, small businesses, nonprofits and eviction prevention.
 
$50 Million in Additional Assistance for Small Businesses
  • $45 million will be allocated to expand the Maryland Small Business COVID-19 Emergency Relief Grant Fund. This program, which awards grants of up to $10,000 to businesses of 50 or fewer employees, has provided more than $40 million in funds to 4,073 applicants. These additional resources will be used to help pending applicants.
  • $5 million will be allocated to the Maryland Small Business Development Financing Authority to provide financing to businesses owned by economically and socially disadvantaged entrepreneurs. MSBDFA uses include working capital, supplies and materials, machinery and equipment acquisition, land acquisition, or real estate improvements. The application for these funds will be available on or around July 20th.

Small Business Administration (SBA) Coronavirus (COVID-19): Small Business Guidance & Loan resources

The CARES Act established several New Temporary Programs to address the COVID-19 outbreak, Coronavirus Relief Options.

Greater Baltimore Black Chamber of Commerce is a 501(c) 6 and 501(c) 3 non-profit organization. 1325 Bedford Avenue, Suite 5941; Pikesville, MD 21282-7510

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