The Local Initiatives Support Corporation (LISC) was awarded a $5.21 million federal Project Grant from the Small Business Administration (SBA) Office of Entrepreneurial Development under the Community Navigator Pilot Program (CFDA #59.077). The award will fund LISC and ten sub-awardees to provide technical assistance and support services to small businesses through November 2023. As the primary awardee, LISC will act as "hubs" and partner with the sub-awardees, or...
The U.S. Small Business Administration (SBA) awarded a $200,000 Project Grant under its Program for Investment in Microentrepreneurs (PRIME) to Local Enterprise Assistance Fund Inc. (Leaf), a non-profit organization, for FY 2023. The funding supports Leaf in providing training, technical assistance, and capacity building services to microenterprises and small businesses, particularly in underserved communities, to promote economic growth and community development. Leaf has been a long-standing...
This $6,500,000 Cooperative Agreement awarded by USAID under the Foreign Assistance for Programs Overseas (CFDA 98.001) program aims to develop viable local systems that can provide consistent and affordable agricultural inputs, and create inclusive market channels in the agriculture sector in Lebanon. The prime awardee, Land O'Lakes Venture37, is a non-profit organization that specializes in agricultural development, food security, and market system interventions. The award period is from...
This $1,285,000 Project Grant award from the U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program (CFDA 21.020) supports the Low Income Investment Fund (LIIF), a leading non-profit CDFI, in delivering financial products, financial services, development services, loan loss reserves, and capital reserves to low-income communities and populations that lack adequate access to affordable financial services across the United States. The award, dated September...
The Economic Development Administration awarded a $2.17 million Project Grant to Vilcap, Inc. to develop lasting investment infrastructure for technology startups led by founders of color in the Southeast region of the United States. Under the Resource Invests initiative funded through the agency's BUILD TO SCALE program (CFDA #11.024), Vilcap will work with the Black Innovation Alliance from November 2022 to April 2024 to launch infrastructure and a replicable model to improve...
This $3 million EDA Project Grant funds Launch New York, Inc.'s Launch NY #InvestLocal Scale Up project. The project aims to identify, support, and invest in high-growth, scalable companies that can transform the local economy through job and wealth creation in 27 upstate New York counties. It will optimize follow-on capital investments to 80 existing portfolio companies and make new first-time investments. The project will advance Launch NY's financing programs, including recapitalizing its...
The Small Business Administration Office of the Chief Operating Officer awarded a $1,260,000 Project Grant to the Local Initiatives Support Corporation (LISC), a national nonprofit community development organization, to support small business development and entrepreneurship initiatives in New York, NY. This funding is part of the Congressional Grants program (CFDA 59.059), which provides funding for programmatic and construction activities related to small business development and...
Community Enterprise Investments, Inc. was awarded a $114,676 project grant from the Small Business Administration (SBA) under the Microloan Program (CFDA #59.046) to provide microloans and business development services from July 1, 2023 to June 30, 2024. As a Community Development Financial Institution located in Pensacola, Florida specializing in SBA Loans and affordable housing, Community Enterprise Investments will utilize the funding to distribute microloans of under $50K along with...
The Small Business Administration Office of Capital Access awarded Initiative Foundation $200,000 under the Prime Technical Assistance federal grant program (CFDA 59.050) on September 30, 2021. The one-year project grant will support Initiative Foundation in delivering training and capacity building services to microentrepreneurs through September 29, 2022. Specifically, Initiative Foundation will provide training, technical assistance, and capacity building to disadvantaged entrepreneurs and...
This $2,200,000 Project Grant was awarded by the U.S. International Development Finance Corporation (DFC) under the Project Development program (CFDA 87.101) to provide continuing technical assistance and financial support to women-owned small and medium enterprises (SMEs) in the Middle East and North Africa (MENA) region. The grant, which has an award date of September 20, 2024 and an ultimate completion date of December 31, 2028, will be executed by the Middle East Investment Initiative, a...