Disadvantaged Business Development

Supporting nonprofits in aiding businesses in underserved communities

The Disadvantaged Business Development (DBD) Program is designed to support capacity building of nonprofit organizations in providing financial and technical assistance to businesses in economically disadvantaged communities, underserved markets, or both.The Disadvantaged Business Development (DBD) Program is designed to support capacity building of nonprofit organizations in providing financial and technical assistance to businesses in economically disadvantaged communities, underserved markets, or both.

How it works

DBD grants can be used to fund operational expenses related to the project and provision of technical assistance to businesses, or to provide funding to businesses related to the project.

Eligibility criteria

In making these awards, WEDC may consider an applicant’s ability to promote investment and job retention and creation in economically disadvantaged communities, underserved markets, or both; the applicant’s ability to increase access to capital and business development training opportunities; and the extent to which the organization is owned or managed by individual representing their communities.