Minority Business Grants
Minority-owned businesses are underrepresented in our community. Accordingly, SCORE SC Lowcountry introduces a new Minority Small Business Support Program, intended to help start and grow minority-owned businesses in the Lowcountry.
Under this program, minority business owners can apply for grants that fund business operations.
SCORE SC Lowcountry, Wells Fargo, and Truist are the sponsors for this program.
Start, Grow, Expand Your Small Business – Participate in our Minority Small Business Support Program. This program provides grants for minority-owned businesses located in the Lowcountry of South Carolina. These grants can be used for direct company operations (i.e., accounting services, advertising, website operations, customer service tools, or equipment). This business grant program closed, effective October 6th.
- Minority-Owned Businesses
- Registered in or has a business license in South Carolina
- Owned by African American, Hispanic, Asian, or Native American
- At least 51% Minority Ownership
- Small Business, 25 or Fewer Employees
- Located in Beaufort, Jasper, Colleton, or Hampton Counties
Apply for a grant for your minority-owned business, by completing this application. Business owners can apply for grants ranging from $500 to $2,500 (average award anticipated to be $1,000). See Grant Rules for Details. Business owners must complete an application with supporting documents. A completed application requires a business plan (see simplified business plan template below). Our grant advisory committee will start reviewing applications on October 7th.
If you need assistance with the business plan, please use "Find A Mentor" for help (identify the Minority Business Grant program in your request); see the links below. For general questions about the program, contact SCORE Mentor Michelle Gaston via an Email Message or at (803) 999-7038 .
This Business Grant Program closed on October 6th.
Grant Specifications and Rules: Under our Minority Small Business Support Program, minority business owners can apply for a grant (see grant rules). Business owners must meet the eligibility criteria; then complete an application and provide supporting documents. Grant winners will be selected by an Advisory Committee.
Use these business resources to help with your grant application. If you've already started your online application, save it before opening any of the resource links below.
Simplified Business Plan: If you already have a business plan, submit it with your grant application. If you don't have a business plan, create one using this simplified business plan or a Lean Canvas business plan (see below). This template was created in MS Word. If you don't have MS Word, visit your local library. Libraries frequently offer access to a PC with MS Word on it.
Lean Canvas Business Plans: Lean Canvas is a great tool to capture the heart of your business idea on a single page. It takes just a few minutes to create the first draft. Get more clarity on your business ideas, by the simple act of preparing a Lean Canvas business plan. If you do not have a plan, SCORE workshops explain how to use a Lean Canvas approach in developing that plan.
Business Mentors: SCORE offers a network of volunteer business mentors, providing free answers to your business questions. If you need assistance with your business plan in preparation for your grant application, we have business mentors ready to help you. Indicate in your mentoring request that it is related to the "Minority Business Grant" program.