The Houston Fund for Social Justice and Economic Equity, which awarded $5 million in grant money last year to local small businesses and nonprofits, is accepting applications for additional grant funding from May 15-31, 2023./HoustonEquilityFund.org

The Houston Fund for Social Justice and Economic Equity, which awarded $5 million in grant money last year to local small businesses and nonprofits, is accepting applications for additional grant funding from May 15-31, 2023./HoustonEquilityFund.org

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Houston Equity Fund offering $8 million in grant funding for minority-owned small businesses

The online application portal for “Open for Business” grants worth up to $100,000 will be open from May 15-31.

Minority-owned small businesses and nonprofits in the Houston area can apply for up to $100,000 in grant funding later this month. A total of $8 million is available this year during the second phase of the "Open for Business" grant program, which is funded by Wells Fargo and administered by the Houston Fund for Social Justice and Economic Equity. An online application portal for grant money is scheduled to be open from 5 a.m. May 15 through 11:59 p.m. May 31, with eligible businesses and nonprofits competing to receive awards ranging from $5,000-$100,000 apiece.