Last Updated on August 23, 2023 by Hannah Stevens
Below, you will find information about how to obtain Kansas business loans or grants. These agencies have funds available to assist women, veterans, and other disadvantaged business owners. Below are the options for assistance:
Kansas offers both low interest rates (or forgivable loans) and free grants. The state or federal government may provide the funds. There are also corporations that assist women, minorities, veterans, and others. There are also nonprofits and local governments that can provide free advice to entrepreneurs as well.
Many loans and grants are available quickly. For financial aid for MWBE companies, veterans, or Black, Indigenous and People of Color (BIPOC), it is a good idea to apply as soon as possible. Although any Kansas business can apply for financial assistance, it is possible to submit a request. However, all the listed programs, companies and agencies have committed to helping struggling and disadvantaged businesses. This means that funds will be available for all minorities, including Black-owned businesses, veterans, women-owned businesses, Latinos and immigrants.
Find Small Business Loans And Free Grants In Kansas
Below is a list with updated information about the latest grants and loans. Although most funds are given to small businesses or startups in Wichita or Olathe’s major cities, resources can be found in all counties and cities. Each program will allocate some funding or other resources and grants for women owned businesses as well as minority-owned businesses.
Ongoing And Year Round Financial Assistance And Business Coaching In Kansas
Provides support for entrepreneurs and SMBs in Kansas. Its goal is to assist the state in diversifying, growing, and investing in small businesses, start-ups and IT businesses. The non-profit offers many resources, including technical assistance, match funds, capital loan programs and help for BIPOC businesses.
Focuses on minority business owners, especially those who are people of color. The resource center provides assistance to MWBE business owners in finding grants and how to apply for them. The Omni Circle Group may issue micro-loans from time to time. You can also find workshops, classes and co-working spaces at the center.
Wichita businesses with lower incomes, as well as MWBE-based businesses, can apply for funds through them. There may be a combination of low-interest loans, which can include zero interest loans. The goal is to ensure socially focused or economically-disadvantaged businesses can access affordable capital. Also, the company must be in operation for at least 2 years.
This is similar to POP-UP, one of the free grants and loans for minority and women owned businesses in Kentucky.
You can find workspaces to rent and networking events as well as information about – a free database of government grants and loans for MWBE business owners. The Black Mastermind Group operates both nationally and in Kansas City, KS.
This is somewhat similar to one of the free grants for minority and women owned businesses in Indiana, the Small Business Assistance Suite.