The Miami Foundation has launched the Miami Open for Business initiative to support small, historically disadvantaged, minority business owners to own more of their businesses’ assets, such as property, equipment, and technology. With support from Wells Fargo, funding will help build generational wealth and resilience for small, minority-led nonprofits and businesses located in Miami-Dade County.  This work builds upon the Foundation’s commitment to racial equity and leverages their deep relationships with community stakeholders focused on a more equitable, more resilient Greater Miami.

The Foundation has brought together a diverse Small Business Stakeholder Advisory Group to serve as a leadership circle that informs and advises the strategic thinking of this significant program.

As this initiative evolves and funding opportunities are made available to nonprofits and small businesses, we will communicate them broadly and share them here. If you have questions, please contact The Miami Foundation at


If you would like to learn more about this initiative as news and opportunities are available, please click here to add yourself to our mailing list.



This exciting initiative is just getting off the ground and we know there may be more questions than answers. Click here for answers to the frequently asked questions that will be regularly updated as this work evolves.



Read the Press Release here.

“Minority-led small businesses and nonprofits are vital to the strength of our region,” said Rebecca Fishman Lipsey, president and CEO of The Miami Foundation. “This is a transformational investment from Wells Fargo that will help build generational wealth and support a stable future for diverse small businesses as we work to foster a strong, equitable, and thriving Greater Miami, which is at the core of our Foundation’s mission.” 
Allapattah downtown intersection with colorful buildings
The Miami Foundation