Santander Bank – Virtual Program for Minority-Owned Food Businesses

News Image
NOTE: Applicants do not need to meet all criteria in order to be considered for acceptance.

Pre-Apply Now!

Take Your Food Business to the Next Level

Santander Bank’s Cultivate Small Business program is designed to help early-stage entrepreneurs like you: women, people of color, and immigrants working to build and sustain food-related businesses in emergent neighborhoods in New Jersey.

The 12-week (fully virtual) program is completely free to entrepreneurs and provides you with industry specific education, networks and mentoring, along with the opportunity to apply for capital grants for your business.


The program will have a business education customized to focus on topics pertinent to food businesses. These sessions will be taught virtually by current Babson College professors.


Program participants will be connected to mentors who can help address challenges and goals the participant will determine at the beginning of the program. The mentors will work with the participants through the course of the program.

Capital Grants

Following successful completion of the program, participants will be eligible for a $2,500 grant with the chance to apply for additional capital up to $10,000.

Program Timeline

The program runs from April–June, 2022.

To Apply

There are limited seats available for New Jersey. Interested entrepreneurs are encouraged to apply early to receive full consideration. Pre-Applications are reviewed on a rolling basis. Qualified applicants will be directed to the full application site thereafter. Final applications are due no later than January 28, 2022. We strongly encourage you to apply early to allow sufficient time for gathering necessary documentation.

Pre-Apply Now!

NOTE:  Applicants do not need to meet all criteria in order to be considered for acceptance.

Applications are due no later than January 28th but will be reviewed and will begin scheduling interviews on a rolling basis beginning January 15th. We strongly encourage you to apply immediately to be considered for the final seats of the program.

If you have any questions, please contact Sophie Werner at or or Call 856-338-1177.

Who is LAEDA? LAEDA is a non-profit community economic development organization dedicated to supporting the business goals and personal dreams of entrepreneurs from emerging communities across South Jersey. LAEDA's courses and counseling focus on building the capacity of individuals and small business owners to start and grow great businesses. Visit our website at

Latin American Economic Development Association, Inc.
433 Market Street - Suite 202
Camden, NJ 08102
Ph: 856-338-1177 Fax: 856-963-1835