Project Grant 90EE1221

River City Capital Investment Corp. was awarded a $312,000 Project Grant from the Department of the Treasury Community Development Financial Institutions Fund under the Community Development Financial Institutions Rapid Response Program (CDFI RRP). The award period is from June 15, 2021 to June 30, 2023 and will support River City Capital Investment Corp.'s ability to respond to the economic impacts of the coronavirus pandemic in the United States. As part of the CDFI RRP, River City Capital...

The Department of the Treasury's Community Development Financial Institutions Fund (CDFI Fund) awarded Sykes Equity LLC a $125,000 Project Grant under the Community Development Financial Institutions Program (CFDA #21.020) to build organizational capacity and provide technical assistance from September 16, 2021 through December 31, 2023. The grant aims to promote economic revitalization and community development by supporting certified and emerging Community Development Financial Institutions...

The Economic Development and Financing Corporation (doing business as Economic Development & Financing Corp) was awarded a $1.3 million Project Grant from the Department of the Treasury's Community Development Financial Institutions Fund. The grant was provided through the Community Development Financial Institutions Rapid Response Program and will support the awardee's ability to respond to the economic impacts of the coronavirus pandemic from June 2021 through June 2023. As a Community...

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...

The U.S. International Development Finance Corporation (DFC) awarded a $299,520 project grant under its Technical Assistance and Feasibility Studies program (CFDA 87.101) to LOK Capital IV LLC, a for-profit organization based in Türkiye. The grant supports advisory services to LOK Capital IV's portfolio companies on sustainable business practices, inclusion, impact, environmental and social impacts, and climate change. The project period runs from Aug. 28, 2024 to Sep. 30, 2029 and will be...

The City of Rison, AR was awarded a $140,212 Project Grant from the Delta Regional Authority under the Delta Area Economic Development program (CFDA 90.201) to make infrastructure improvements to the parking area and construct an additional driveway to accommodate River Ridge Equipment Company. The grant will fund these infrastructure upgrades over a 2-year period, with a completion date of November 28, 2025. The Delta Area Economic Development program provides grants to state and local...

Business Seed Capital, Inc. received a $200,000 Project Grant award from the Department of the Treasury's Community Development Financial Institutions Fund under the Community Development Financial Institutions Rapid Response Program. The two-year award running from June 2021 through June 2023 will support Business Seed Capital's ability to provide financing and technical assistance to businesses impacted by the economic effects of the coronavirus pandemic in the United States. As a Community...

Delta Bank was awarded a $1,826,265 Project Grant from the Department of the Treasury's Community Development Financial Institutions Rapid Response Program (CDFI RRP, CFDA 21.024) to support, prepare for, and respond to the economic impact of the coronavirus. The CDFI RRP aims to bolster the ability of Community Development Financial Institutions to address the needs of local communities facing economic hardship due to COVID-19 through the provision of financial and technical assistance...

The Community Development Financial Institutions Fund within the Department of the Treasury awarded a $525,000 Project Grant to the Community Development Venture Capital Alliance (CDVCA) doing business as Cdvca. The grant period runs from June 15, 2021 through December 31, 2023 under the Community Development Financial Institutions Rapid Response Program (CDFI RRP, CFDA #21.024). The funding will support CDVCA's ability to provide financial and technical assistance to Community Development...

The U.S. International Development Finance Corporation (DFC) awarded a $2,000,000 Project Grant under the Technical Assistance and Feasibility Studies program (CFDA 87.101) to Agdevco LIMITED, a for-profit organization based in the UK. This grant supports three types of projects for investees: core business support, inclusive business support, and thematic initiatives. The award period runs from July 29, 2024, to September 30, 2028, and the project will be conducted in Nigeria. The grant aims to...