Cooperative Agreement SBAHQ24W0111

Award Date 9/30/24
Completion Date 9/29/25
Dollars Obligated $150K
Federal Grant Program
59.043
Assistance Type
Cooperative Agreement
Place of Performance
Salisbury, MD, USA
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The Federal Cooperative Agreement award, in the amount of $150,000.00, was issued by the U.S. Small Business Administration's (SBA) Office of Entrepreneurial Development under the Women's Business Ownership Assistance program (CFDA 59.043). The funding supports Maryland Capital Enterprises, Inc., a non-profit community development corporation, to provide comprehensive entrepreneurial development services tailored to women-owned small businesses in Maryland. This includes delivering training, counseling, technical assistance, and access to microloans up to $50,000 to help women entrepreneurs start, expand, and grow their businesses. The award has a performance period from September 30, 2024 to September 29, 2025, and is intended to help remove discriminatory barriers faced by socially and economically disadvantaged women in accessing capital and resources to develop their enterprises.

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