Find how and where to get free business grants or loans in Kansas below. The agencies listed have allocated funds to help women, veteran as well as minority (or other disadvantaged businesses) get the financial assistance they need. Whether a woman owned business (or startup), a veteran company, or Black, Latino, LGBTQ, or Asian company, assistance is offered below.
Both low interest rate (or forgivable loans) are offered in Kansas as well as free grants. The funds may come from the state or federal government. Or there are corporations that help women, minorities, and veterans. Non-profits, local cities administrations near you, and charities also try to provide both (1) funds as well as free advice (such as mentoring services) to business owners as well as entrepreneurs in Kansas too.
The loans as well as free grant programs often go quickly. It is recommended to always apply ASAP for financial aid for MWBE businesses, veterans or Black, Indigenous, People of Color (BIPOC). While any small to mid-sized business in Kansas can apply for assistance, each of the programs, companies or agencies listed has committed to helping disadvantaged as well as struggling businesses. This means Black owned companies, veteran or women businesses, immigrants, Latinos, and other minorities will always have funds allocated to their needs.
Find small business loans and free grants in Kansas
Below is a list of grants and loans that is updated daily with the new programs. While most the funds go to startups or small businesses in the major cities of Wichita, Olathe, or Kansas City, there are resources offered in all counties, cities, and towns. Every program will be allocating some funding or other resources to women as well as minority owned businesses.
Ongoing and year round assistance in Kansas
The Entrepreneurial Resource and Training Center offers a number of resources. There are workspaces for rent, networking events, as well as information on – a database of free government grants or loans for MWBE businesses. The center is part of the Black Mastermind Group, which operates nationally as well as in Kansas City KS. Learn more. https://theblackmastermindgroup.com/ertckck/
April and May 2021
Women and minority-owned businesses based in Wichita can apply for low cost, low dollar micro-loans. The funds can also help businesses with poor or bad credit. The city created a micro-loan program known PROPEL, or Providing Resources & Opportunities for Proprietors, Entrepreneurs & Lenders. When a women or minority business is qualified, they can get a loan of us much as $15,000. Apply here. wichita.gov/propel
Shawnee County small businesses and sole-proprietorships can apply for grants of up to $50,000 from the JEDO Small Business Grant Relief Program. The funds are “for-profit” businesses only with various criteria in effect, such as no past bankruptcy, minimum revenue numbers, the business have less than 26 employees and more. Minority, veteran and women owned businesses are also allocated funds. Apply here. https://supporttopeka.com/small-business-relief/
January and February 2021
The Wichita City Council is providing low cost, 3 year loans to women and minority owned companies. The funds will be issued in the Spring and Summer months, and the aim is to help disadvantaged businesses including Black, Latino, LGTBQ, Asian, and Veteran as well. Up to $15,000 can be borrowed. Learn more https://www.wichita.gov/Council/Pages/default.aspx
Businesses in the city of Leavenworth can get financial assistance from forgivable loans. The city government, using funds from the federal government Community Development Block Grant program, is offering up to $10,000 to small businesses to help them stay open or grow. Women and minority-owned businesses are encouraged to apply. Get information or applications from the Assistant City Manager Taylour Tedder. The email address is email@example.com. Or more information is here. https://www.leavenworthks.org/ed
By Jon McNamara