16 Grants for LGBTQ+ Owned Businesses and Entrepreneurs
Welcome to Breaking the Blueprint — a blog series that dives into the unique business challenges and opportunities of underrepresented business owners and entrepreneurs. Learn how they’ve grown or scaled their businesses, explored entrepreneurial ventures within their companies, or created side hustles, and how their stories can inspire and inform your own success.
Small businesses are the lifeblood of America, and those owned by LGBTQ+ entrepreneurs make a hugely positive impact. According to a 2022 report by the NLGCC, National LGBT Chamber of Commerce, LGBTQ-owned businesses contribute over $1.7 trillion to the U.S. economy and support over 33,000 jobs annually.
But as any entrepreneur knows, starting and growing a small business is not just hard work, but it can be expensive. Startup and growth costs are especially challenging for business owners in marginalized populations, such as the LGBTQ+ community, who face higher levels of financial insecurity and fewer resources than their peers.