Free Grants and Loans for Minority and Women Owned Businesses in Nevada

Last Updated on August 7, 2022 by Danielle McDonald

Locate the top banks, lenders, corporations and charities in Nevada that offer free loans and/or grants to entrepreneurs and minority-owned small businesses. There are many agencies that can offer financial assistance in your area, as well as support such as mentoring, business coaching, and marketing help. There are small business loans and grants available in Nevada, including Las Vegas and Reno.

All small business owners and startups are eligible to apply. However, each program will also allocate funds for disadvantaged businesses. These grants include free grants for Latino and Black veterans, LGBTQ, disabled, and grants for women owned businesses, as well as those who are LGBTQ or disabled. Banks, CDFIs, lenders, and other financial institutions offer affordable and competitive loans to Nevada’s minority- and women-owned businesses.

BIPOC (Black, Indigenous and People of Color) businesses are eligible for financial assistance. Mentoring is available for women in Nevada from female business leaders. Free advice is available for minority-owned businesses, including those of color. You can also look into workshops, entrepreneurship classes and budgeting or financial planning help.

Business Loans Or Free Grants In Nevada

This list includes resources, agencies, programs and agencies that are updated every day. A loan, grant, counseling or financial aid can be applied for by any small or medium-sized business or startup.

Year Round Financial Assistance Programs, Free Grants, Loans And Business Coaching

Clark County MBDA Business Center

The Clark County MBDA Business Center offers free resources to entrepreneurs and minority-owned businesses in Las Vegas and Clark County. There are many assistance programs and services available. Find out about federal and state Neva grants, as well as low-cost loans from lenders, banks and nonprofits. You can find resources for business plan development, assistance with procuring contracts, and information about small business financing. 

Address: 6375 West Charleston Blvd. Las Vegas, NV 89146. Call 702-285-7003 to contact them.

Small Business Connector

Small Business Connector is available for start-ups and businesses in Las Vegas. This free service is offered by several companies and nonprofits. They include Access Community Capital and UNLV Small Business Development Center. They assist businesses in obtaining capital, providing marketing and IT support, and technical assistance. Furthermore, they are particularly focused on MWBE companies and helping them get loans, grants, Revolving Loans and any other funding they might need.

This is similar to one of the free grants and loans for minority and women owned businesses in New Jersey, the Minority Business Development Agency (MBDA).

Audacity Fund Reno

Audacity Fund Reno offers a variety of assistance to assist economically disadvantaged businesses in Reno County and Washoe County. This non-profit helps small business owners, women entrepreneurs and minority entrepreneurs to get the support they require. It offers everything, from mentoring and networking opportunities to free grants, to helping you start or grow your small business. You can get product planning support, accounting support, or other free advice. Donations to the Community Foundation of Western Nevada makes it possible for the financial aid to exist.

This is similar to one of the free grants and loans for minority and women owned businesses in Montana, the Prospera Business Network.

StartUpNV 

This is a program for entrepreneurs and start-up companies. It includes veteran, minority, and women entrepreneurs. They can help you start, finance, and grow your business. Access to Angel Investors and mentoring is free. You can also learn about government grants or loans at 0% or lower cost. There are Bootcamps, Incubators, Business Accelerator and many other programs.

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