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The Backing Small Businesses Grant Program from National ACE

Soho Broadway Partner: Applications now open for 350 small business grants of $5,000 to eligible businesses

National ACE is excited to team with American Express and Main Street America to support the Backing Small Businesses grant program.

To support economic vitality and foster thriving business communities, On March 20, 2023, applications opened for 350 small business grants of $5,000 to eligible businesses (economically vulnerable small business owners, including members of the AANHPI community) in the U.S. and territories. 

In 2021, American Express and Main Street America created the Backing Small Businesses* grant program to help economically vulnerable small business owners recover from the COVID-19 pandemic and grow their businesses. In its first year, the program provided $1.65 million in grants to more than 300 small business owners across the country.

Now in its second year, the program will increase the number of grants awarded and total funding to more than $2.3 million to further support small business owners in building their economic vitality and fostering a thriving community. 

25 of the 350 grantees will also be awarded $25,000 Enhancement Grants, allowing business owners the opportunity to further improve their businesses.

These winners will be announced in October 2023.

Read more about this opportunity and eligibility requirements HERE.

Application for Grant Program via Submittable HERE

Read more about National ACE/AAPI Strong

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