National Minority Supplier Development Council Business Consortium Fund
Growth capital for certified minority business enterprises.
About
NMSDC Business Consortium Fund provides growth capital loans from $150,000 to $15 million to certified Minority Business Enterprises (MBEs) seeking to expand their businesses.
The National Minority Supplier Development Council Business Consortium Fund is a specialized financing program designed to support certified Minority Business Enterprises (MBEs) in achieving significant growth and expansion. This program provides growth capital loans ranging from $150,000 to $15 million, making it an excellent resource for established minority-owned businesses looking to scale operations, enter new markets, or invest in infrastructure and equipment. To qualify, applicants must be NMSDC-certified MBEs with at least three years of business operation and minimum annual revenue of $1 million. Entrepreneurs should apply because this program specifically recognizes and supports minority business growth, offering substantial capital amounts that can transform business operations. Unlike traditional lending, the NMSDC Business Consortium Fund combines access to growth capital with the credibility of NMSDC certification, helping minority-owned enterprises compete more effectively in corporate supply chains and marketplace opportunities. This is an ideal funding source for established minority businesses ready to take the next step in their growth trajectory.
Grant Details
Grant Amount
$150K - $15M
Deadline
Rolling
Grant Type
Business Loan/Growth Capital
Application Cycle
Rolling
Best For
Certified Minority Business Enterprises seeking expansion capital
Eligibility
NMSDC-certified MBE, 3+ years in business, Revenue $1M+
Focus Areas
Impact Areas
Frequently Asked Questions
Who is eligible for National Minority Supplier Development Council Business Consortium Fund?
Applicants must be certified Minority Business Enterprises (MBEs) by the NMSDC, have been in business for at least three years, and have annual revenue of $1 million or more. For complete eligibility requirements and certification details, visit the official NMSDC website.
How much funding does National Minority Supplier Development Council Business Consortium Fund provide?
The program provides growth capital loans ranging from $150,000 to $15 million. The specific amount available depends on your business needs and circumstances. Contact the NMSDC directly for details on loan amounts for your particular situation.
How do I apply for National Minority Supplier Development Council Business Consortium Fund?
Applications are accepted on a rolling basis. To apply, you should have your NMSDC certification in place and prepare standard business documentation. Visit the official NMSDC website or contact them directly for specific application procedures, required documentation, and current submission guidelines.
What can National Minority Supplier Development Council Business Consortium Fund funding be used for?
This growth capital program is designed to support business expansion initiatives. Funds can typically be used for operational growth, market expansion, equipment purchases, and other business development purposes. For specific allowable uses, consult the official NMSDC guidelines.
Last updated: March 1, 2026