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Mastercard Strive USA Small Business Grant

Not a direct small-business grant. Mastercard's Strive USA funds nonprofit and community organizations — CDFIs, chambers of commerce, nonprofit lenders — with grants of up to $250,000 to build financial-health programs FOR small businesses. An individual small business cannot apply for its own operations under this program. Looking for a grant your business can apply to directly? See our verified corporate small-business grant alternatives.

Mastercard Center for Inclusive Growth

Up to $250,000 (to partner organizations)

Researched for this program: 5 rejection traps · 5 required documentsWhat decides this award ↓

The short version

Mastercard's equity-focused SMB grant program

Mastercard's Strive USA program, operated through the Mastercard Center for Inclusive Growth, awards grants of up to $250,000 to nonprofit and community organizations — CDFIs, chambers of commerce, nonprofit lenders — that build financial-health and digital-inclusion programs for small businesses in underserved communities. It is not a grant an individual small business applies for or receives directly for its own operations; the funding flows to the organization that runs the program, and businesses owned by women, people of color, and veterans may benefit from the resulting local programming (training, digital tools, resource access) rather than a direct cash award.

Funding type
Grant
Level
Private
Amount range
Up to $250,000 — awarded to nonprofit/CDFI partner organizations, not individual businesses
Realistic amount
Organizations receive up to $250,000 to build small-business programming; a small business itself does not receive a Strive USA cash grant
Deadline
Delivered through local partner organizations — application windows apply to those organizations, not to individual small businesses. Check mastercardcenter.org/strive for current active partners.
Status
active
States
Nationwide
Payment model
lump sum

Who qualifies

Mastercard Strive USA Small Business Grant is a private grant from Mastercard Center for Inclusive Growth, open to businesses nationwide, with a published award of Up to $250,000 (to partner organizations). Deadline for Mastercard Strive USA Small Business Grant: Delivered through local partner organizations — application windows apply to those organizations, not to individual small businesses. Check mastercardcenter.org/strive for current active partners.

The Strive USA grant itself goes to organizations, not small businesses. Eligible applicants for the grant are nonprofits, CDFIs, chambers of commerce, and nonprofit lenders that propose a financial-health or digital-inclusion program for small businesses in underserved communities. A small business cannot apply for this grant on its own behalf — the criteria below describe who can benefit from a funded partner's resulting program, not who receives the Mastercard grant.

What it covers

Mastercard Strive USA Small Business Grant is a private grant from Mastercard Center for Inclusive Growth, open to businesses nationwide, with a published award of Up to $250,000 (to partner organizations). Deadline for Mastercard Strive USA Small Business Grant: Delivered through local partner organizations — application windows apply to those organizations, not to individual small businesses. Check mastercardcenter.org/strive for current active partners. Mastercard Strive USA Small Business Grant covers 5 categories of eligible expense and excludes 4. Mastercard Strive USA Small Business Grant pays out as a lump sum. Mastercard Strive USA Small Business Grant is listed as active in the GrantCompass catalog as of August 24, 2026.

Eligible expenses

  • Business operations and overhead
  • Equipment and technology
  • Marketing and customer acquisition
  • Inventory and supplies
  • Digital tools and e-commerce setup

Ineligible expenses

  • Personal expenses
  • Debt repayment
  • Real estate or capital construction
  • Political contributions

How to apply

Applying to Mastercard Strive USA Small Business Grant takes 4 steps and about 4 hours in total; the award is Up to $250,000 (to partner organizations) from Mastercard Center for Inclusive Growth, open to businesses nationwide. Deadline for Mastercard Strive USA Small Business Grant: Delivered through local partner organizations — application windows apply to those organizations, not to individual small businesses. Check mastercardcenter.org/strive for current active partners.

  1. 1

    Find a Strive USA partner in your area

    Visit mastercardcenter.org/strive to identify active partner organizations in your geography. Partners include CDFIs, chambers of commerce, and nonprofit lenders.

    ~1 hrs

  2. 2

    Contact the local partner

    Reach out directly to the partner to confirm current grant availability and eligibility requirements for your area.

    ~1 hrs

  3. 3

    Complete the partner's application

    Each partner has its own application form. Typically includes business overview, ownership demographics, financial need description, and intended use of funds.

    ~1 hrs

  4. 4

    Review and award

    The local partner reviews applications and notifies recipients. Timeline varies by partner — typically 4–8 weeks.

    ~1 hrs

Insider tip

This is a relationship-driven program — the path to funding goes through local partner organizations, not a national application. Finding and engaging with your local CDFI or partner is the key step.

Deadline & timing

Mastercard Strive USA Small Business Grant is listed as active in the GrantCompass catalog as of August 24, 2026. Deadline for Mastercard Strive USA Small Business Grant: Delivered through local partner organizations — application windows apply to those organizations, not to individual small businesses. Check mastercardcenter.org/strive for current active partners. Mastercard Strive USA Small Business Grant awards Up to $250,000 (to partner organizations) to businesses nationwide through Mastercard Center for Inclusive Growth. The Mastercard Strive USA Small Business Grant application runs to 4 steps and about 4 hours of work in total.

Strive USA is not a single national application — it operates through a network of local partners (community development financial institutions, chambers, nonprofits). Each partner runs their own application window. Monitor mastercardcenter.org/strive and subscribe to updates from local CDFIs in your area to catch open cycles.

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Last reviewed 2026. GrantCompass is an independent funding-discovery tool and is not affiliated with any government agency. Always confirm details on the official program page.