Regional Economic Development Inc. logo all white

Minority Business Enterprise (MBE) Grant 2024

Each year, REDI awards ten $5,000 grants to deserving Minority-owned Businesses. The Minority Business Enterprise (MBE) Grant program, administered by REDI and funded by the City of Columbia, focuses on inclusivity in opportunity and elevating underrepresented businesses.

Through this program, a total of $50,000 will be awarded to ten small for-profit businesses in Columbia that are 51% or more owned by individuals self-identifying as one or more of the following: African, African American, Asian-Pacific, Black, Hispanic, Latinx, Native American (including Native Alaskan or Hawaiian), or Subcontinent Asian.

Thanks for everyone who submitted an application!

Eligible applicants will be notified by 5 p.m., July 26. 

Phase II applications available: 

Aug. 5 @ 8 a.m. -- Aug. -16 @ 5 p.m.

REDI MBE Grant Workshop Series

Topic: Outcomes & Mindset
June 18; 11:30 a.m. - 1 p.m.; REDI Offices

Topic: City Business License Info Session
June 25; 11:30 a.m. - 1 p.m.; REDI Offices

Topic: Grant Writing: Talking about Your Business “on Paper”
July 2: 11:30 a.m. - 1 p.m.; REDI Offices

Topic: Business Documentation
August 6: 11:30 a.m. - 1 p.m.; REDI Offices

ELIGIBILITY requirements

Business must be 51% or more owned by a person(s) of color as defined above
Business must be a for-profit entity legally registered with the State of Missouri and have a Federal Tax ID (EIN)
Business must have a Columbia business license
Business must be located in Columbia city limits
Business must be actively working with a business coach through REDI or another organization
Business must have 10 or fewer employees (or full-time equivalents)

2023 Recipients are not eligible for the 2024 MBE Grant
REDI is a public/private partnership committed to creating jobs by attracting new business, supporting existing business, and growing startups in Columbia and Boone County, Missouri.
© 2024 REDI | Website design and development by Pixel Jam Digital
magnifiercrossmenu linkedin facebook pinterest youtube rss twitter instagram facebook-blank rss-blank linkedin-blank pinterest youtube twitter instagram