Black Investment Fund offering business grants » Albuquerque Journal

(Greg Sorber/Albuquerque Journal)

ALBUQUERQUE, N.M. — The city of Albuquerque’s $1 million program aimed at helping the local Black community is open for applications — at least through Monday.

Administrators are using a portion of the city-supported Black Investment Fund for grants to Black-owned businesses and Black-serving nonprofit organizations. Businesses are eligible for up to $50,000 each, while nonprofits can qualify for up to $20,000 apiece.

Applications for the money will be accepted through 5 p.m. Monday, July 19.

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The One Albuquerque Fund — a city-supporting foundation — is administering the program funded with city money.

Nicole Bedford, a coordinator working on the program,…

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