WBC - VA - national institute of minority economic development (RICHMOND)

The National Institute of Minority Economic Development (NIMED) was awarded a $150,000 Cooperative Agreement by the U.S. Small Business Administration's (SBA) Office of Entrepreneurial Development under the Women's Business Ownership Assistance program (CFDA 59.043). This award, with a performance period from September 30, 2024 to September 29, 2025, will enable NIMED to provide comprehensive entrepreneurial development services to support minority and women-owned small businesses in the Richmond, Virginia area.

NIMED, a non-profit organization and community development corporation based in North Carolina, specializes in removing discriminatory barriers faced by socially and economically disadvantaged entrepreneurs. Through this federal grant, NIMED will deliver targeted business training, counseling, technical assistance, and access to capital resources to help women-owned small businesses in the region overcome systemic challenges and foster their growth and economic empowerment.