Formula Grant SBAHQ10Y0070

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 U.S. Small Business Administration (SBA), through its Program for Investment in Microentrepreneurs (PRIME) (CFDA 59.050), awarded a $300,000 Project Grant to the P.V. Community Development Corporation in El Paso, TX. The grant, which runs from Sep 30, 2024 to Sep 29, 2025, will support the delivery of training, technical assistance, and capacity building services to disadvantaged microentrepreneurs and microenterprise development organizations in the local community. The PRIME program is...

The U.S. Small Business Administration (SBA) has awarded a $250,000 Project Grant under the Program for Investment in Microenterprises (PRIME) (CFDA 59.050) to Peoplefund, a non-profit Community Development Financial Institution (CDFI) based in Austin, Texas. The grant funding will enable Peoplefund to provide technical assistance, including training, business coaching, and financial literacy education, to disadvantaged entrepreneurs in order to increase the number of microenterprises and...

The U.S. Small Business Administration (SBA) awarded a $250,000 Project Grant under the Program for Investment in Microentrepreneurs (PRIME) CFDA 59.050 to California Farmlink, a non-profit organization, on September 30, 2023. This one-year award will fund the delivery of technical assistance, capacity building, and other microenterprise development services to disadvantaged entrepreneurs and microenterprise development organizations. Specifically, through this PRIME grant, California Farmlink...

The U.S. Small Business Administration (SBA) awarded a $250,000 Project Grant under the Program for Investment in Microentrepreneurs (CFDA 59.050) to the International Rescue Committee, Inc. (IRC) to provide technical assistance and capacity building services to enhance the management capabilities of microentrepreneurs. The 1-year award, effective September 30, 2023, will support IRC's efforts to increase the number of microenterprises and strengthen the ability of disadvantaged entrepreneurs to...

The Small Business Administration (SBA) awarded Advocap Inc., a non-profit organization in Fond du Lac, Wisconsin, a $224,000 Project Grant under the Program for Investment in Microentrepreneurs (PRIME) (CFDA 59.050) to increase the number of microenterprises and enhance the management capabilities of microentrepreneurs. The funding will be used to provide training, technical assistance, and capacity building services to disadvantaged entrepreneurs and microenterprise development...

The Community Investment Corporation received $383,881 in formula grant funding from July 1, 2023 through June 30, 2024 under the Small Business Administration's Microloan Program (CFDA #59.046). As a microlender intermediary, Community Investment Corporation will provide microloans of typically under $50,000 coupled with business training and technical assistance to start-up and growing small businesses in Connecticut. Community Investment Corporation has a track record of successfully...

The Initiative Foundation, a nonprofit organization based in Little Falls, Minnesota, was awarded a $300,000 Project Grant from the U.S. Small Business Administration's (SBA) Office of Capital Access under the Program for Investment in Microentrepreneurs (PRIME) (CFDA 59.050). The grant, effective from September 30, 2024 to September 29, 2025, will fund the foundation's efforts to increase the number of microenterprises and enhance the management capabilities of microentrepreneurs in the...

The U.S. Small Business Administration (SBA) awarded a $200,000 Project Grant under the Program for Investment in Microenterprises (PRIME), CFDA 59.050, to the Center For Rural Affairs Community Capital, a non-profit organization and community development corporation. The grant will support the delivery of training, technical assistance, and capacity building services to enhance the management capabilities of microentrepreneurs and increase the number of microenterprises, particularly in...

This $241,000 FY 2023 Project Grant award from the U.S. Small Business Administration's (SBA) Program for Investment in Microenterprises (PRIME) (CFDA 59.050) provides technical assistance and capacity building services to support microenterprise development. The grant recipient, Allies For Community Business, Inc., a non-profit organization, will use the funding to deliver training, coaching, and other support to disadvantaged entrepreneurs and microenterprise development organizations,...