FY27 Equity Fund

Applications are due by Monday, July 20, 2025 at 5:00 PM Central Time. 

The Equity Fund is a grant and education program for LGBTQ+ BIPOC entrepreneurs in the Twin Cities Metro Area. Recipients will receive a small business grant as well as join a cohort of other business owners to learn more about how to grow and sustain their businesses. 

Awarded entrepreneurs will receive:

• A $5,000 grant to invest in your business and professional development.
• A 1-year membership to Quorum, Minnesota's LGBTQ+ Chamber of Commerce.
• Access to mentorship opportunities and 6+ small business education sessions from January-June 2027.

Program Requirements:

• Use of the small business grant funds for the outlined purpose in the application (not for personal use or lobbying).
• Participation in 80% or more of the monthly, 2.5 hour education sessions over the grant period (6 sessions total).
• Completion of a progress report at the end of the grant period.

Eligibility Criteria:

You must meet all of the requirements listed below to apply. 

1. You identify as LGBTQIA2S+ and Black, Indigenous or Person of Color.

2. Your business is located in the Twin Cities Metro Area of Minnesota. 

3. Your business has been in operation for more than 1 year (nonprofits are not eligible at this time).

4. Your business's last year's annual gross revenue was $250,000 or less.

5. Your business has twenty (20) or fewer employees.  

To Apply:

1. You will need to create a profile on the platform Submittable. Or log into your profile if you have used Submittable with us or another organization in the past.
2. Please read carefully through our eligibility requirements for this fund.
3. Fill out the application including uploading financial information and a business plan (template provided).
4. Submit an application by July 20th at 5:00 PM Central Time.

If you have any questions about whether you or your business qualify, please reach out to info@pfundfoundation.org.