New Grants Available for Women-owned and Hispanic Small Businesses

This week, we are highlighting new small business grant opportunities targeted towards female entrepreneurs and Latinx-owned small businesses by PepsiCo Foundation, Jane Walker, UPS, Stacy's Pita Chips and WomensNet. These grants can help underserved small business owners and entrepreneurs get the funding they need to start, grow and/or recover.

UPS Small Business Grant for Latinx-Owned Businesses

UPS is is partnering with US Hispanic Chamber of Commerce to award Latinx-Owned small businesses impacted by Covid-19 with small business grants of $5,000.


To be eligible, businesses must:

  • be Hispanic-owned

  • have less than 20 full-time employees

  • Have an EIN or ITIN number

  • have been in operation for at least 9 months.

The deadline to apply is Friday, June 11, 2021 at 11:59 PM ET. For more information on other private sector grants, check out the Pace SBDC’s grants page.

The PepsiCo Foundation Hispanic Business Program

PepsiCo Foundation is partnering with Allies for Community Business, Accion Opportunity Fund, Ascendus, DreamSpring, and LiftFund, to provide $10,000 grants to 150 Hispanic-owned food and beverage businesses.


To be eligible, businesses must:

  • be Hispanic-owned

  • earned $1 million or less in revenue in 2020

  • is located in New York City

  • operates three or fewer locations.

The deadline to apply is June 25, 2021 at 11:59 PM ET. For more information on private sector grants, check out the Pace SBDC’s grants page.

Monthly $10,000 Amber Grant for Female Entrepreneurs

Each month, the Amber Grant Foundation by WomensNet provides at least $10,000 in grant funding to female business owners.


The deadline for this round is June 30. Grants are awarded each month. For more information on private sector grants, check out the Pace SBDC’s grants page.

Stacy's Rise Project

The Stacy's Rise Project together with Hello Alice will award 10 women-founded small businesses with $10,000 grants alongside mentorship with industry leaders from PepsiCo and FritoLay.


To be eligible, businesses must:

  • have between $25,000 and no more than $1MM in annualized sales

  • be at least 50% female founded

  • participate in the virtual Mentorship program

  • not be part of an accelerator program at time of entry.

The deadline to apply is July 9, 2021 at 6:00 PM ET. For more information on private sector grants, check out the Pace SBDC’s grants page.

First Women Grant Program

As part of the First Women campaign, Jane Walker and IFundWomen will be funding a total of 30 women-owned businesses. Each recipient will receive a $10,000 grant plus a one-year IFundWomen Annual Coaching Membership.


To be eligible, businesses must:

  • generate a minimum of $25K in annual revenue

  • have been in business for at least 2 years

  • must be founded by a self-identified woman entrepreneur with at least 50% ownership

  • operating in one of the following industries: Entertainment & Film, Music, Journalism, Sports, STEM and Hospitality.

Applications are being accepted on a rolling basis through October 2021. For more information on private sector grants, check out the Pace SBDC’s grants page.

To view other grants for small business owners in New York, check out our grants page. Further, have a look at our coronavirus resources page for additional resources to help small businesses recover. Contact a Pace SBDC Business Advisor to meet 1:1 for assistance with accessing your business’s funding options and grant eligibility.

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Partnership Program with the SBA, administered by the State University of New York. Funded in part through a Cooperative Agreement with the U.S. Small Business Administration.  All opinions, conclusions or recommendations expressed are those of the author(s) and do not necessarily reflect the views of the SBA. All SBA funded programs are extended to the public on a nondiscriminatory basis.

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