WBC - NC - national institute of minority economic development - durham

The National Institute of Minority Economic Development (NIMED) was awarded a $150,000 Cooperative Agreement from the U.S. Small Business Administration's (SBA) Office of Entrepreneurial Development under the Women's Business Ownership Assistance program (CFDA 59.043). This 12-month award, effective from September 30, 2024 to September 29, 2025, enables NIMED to provide comprehensive entrepreneurial development services to support minority and women-owned small businesses in North Carolina and Virginia. The services include business training, counseling, technical assistance, and support for accessing capital to help remove discriminatory barriers and foster the growth of women-owned enterprises. NIMED, a non-profit organization and community development corporation, has a history of receiving federal grant awards from the SBA and other agencies to assist socially and economically disadvantaged entrepreneurs.