MBDA Capital Readiness Program
Closed for now
Capital Readiness was a one-time American Rescue Plan-funded competition; the awarded incubators continue to deliver services to entrepreneurs through their performance periods. No successor competition has been announced.
MBDA awarded 43 incubators and accelerators roughly $3m each to deliver technical assistance to underserved entrepreneurs. Funded through the American Rescue Plan.
U.S. Minority Business Development Agency, Department of Commerce
public · national
Deadline: annual_call
This funder does not publish a success rate. We rank it using the rate observed across similar programmes and label it as an estimate rather than implying we know.
Quick — mostly identity and bank details.
Who can apply
- Stage: pre_seed, seed
- Locally registered entity required
Grantees are incubators and accelerators; entrepreneurs access support by joining a funded programme rather than applying to MBDA.
Source. https://www.mbda.gov/financial-resources/grants — checked 2026-08-14 · not human-checked