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NAACP Powershift Entrepreneur Grant

Minority-Owned · NAACP (with corporate sponsors) · Nationwide

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The NAACP Powershift Entrepreneur Grant is a periodic grant program run by the NAACP and corporate sponsors that provides funding to Black-owned small businesses nationwide, with award amounts and eligibility varying by round.

The NAACP Powershift Entrepreneur Grant is a grant program run by the NAACP in partnership with corporate sponsors, providing funding to Black-owned small businesses across the United States. As a foundation-run program at the nonprofit level, it operates through periodic application rounds rather than a fixed, ongoing schedule, and the corporate sponsors involved may change from round to round, which can affect the specific terms of each cycle.

According to the available information, the award amount varies by round and is not fixed, and the deadline is described only as "periodic," meaning there is no single annual cutoff date — interested applicants need to watch the official NAACP site for open application windows. Eligibility is centered on being a Black-owned small business, but the exact criteria, such as revenue thresholds, business age, industry restrictions, or documentation requirements, vary by grant round and by which corporate sponsor is backing that particular cycle.

For a small-business owner, this program may matter because it represents a recurring, though irregular, opportunity for non-repayable funding tied specifically to Black business ownership, backed by a nationally recognized civil rights organization and corporate partners. However, because so many of the specific details — award amounts, deadlines, and full eligibility rules — shift from round to round, business owners should treat this listing as a starting point rather than a complete application guide.

Anyone interested should go directly to the official NAACP website to confirm whether a round is currently open, what the current award amounts are, what the deadline is, and what documentation is required for that specific round before investing time in an application.

Who qualifies

This grant is generally intended for Black-owned small businesses, but the exact eligibility criteria change depending on the grant round and which corporate sponsor is involved. Because the rules vary each cycle, applicants should confirm eligibility at the official source before assuming they qualify.

How to apply

Visit the official NAACP website to find current information on this grant program. Look for an open application round, since this grant is offered periodically rather than on a fixed schedule, and review the specific eligibility and documentation requirements listed for that round. Apply through the official site: https://naacp.org/

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Questions people ask

Is this a grant or a loan?

It is a grant, meaning funds generally do not need to be repaid.

Who runs this program?

The NAACP runs it in partnership with corporate sponsors.

Who is eligible?

Black-owned small businesses are eligible, but specific criteria vary by grant round and sponsor — confirm at the official source.

How much money can I get?

The award amount varies by round; no fixed figure is provided.

What is the deadline to apply?

The deadline is periodic, meaning rounds open at different times rather than on one fixed annual date.

Which states are eligible?

Businesses from all states are eligible.

Where do I apply?

Applications are handled through the official NAACP website at https://naacp.org/.

Is the funding taxable?

This is not specified in the available information — confirm at the official source.

Do I need to be an established business to apply?

Specific eligibility requirements like business age are not detailed and vary by round — confirm at the official source.

Is this a one-time or recurring program?

It runs periodically, with multiple application rounds over time rather than a single one-time offering.

Does the sponsor change each round?

Yes, corporate sponsors may vary by grant round, which can affect specific terms.

What category of funding is this?

It is listed under the minority-owned business funding category.

Opportunity number: not published. Source: curated-2026. GetFundedUSA is independent and not affiliated with NAACP (with corporate sponsors); always confirm current deadlines, amounts and eligibility on the sponsor's own page before applying.