The Small Business Administration (SBA) awarded Ceds Finance $479,205 under the Microloan Program (CFDA #59.046) Formula Grant for July 1, 2022 to June 30, 2023. The Microloan Program provides direct loans and grants to eligible non-profit microlenders to offer micro-level loans and business training/technical assistance to start-ups, new, and growing small businesses. This furthers the Program's goal of assisting women, low-income, and minority entrepreneurs and business owners in underserved...
The Small Business Administration (SBA) awarded $534,368 under the Microloan Program (CFDA #59.046) to Ceds Finance of Aurora, Colorado for the period of July 1, 2021 to June 30, 2022. The Microloan Program provides direct loans and grants to eligible non-profit microlenders to offer micro-level loans of under $100k, as well as business training and technical assistance, to support small businesses, especially those owned by women and minorities. This funding will allow Ceds Finance to deliver...
The U.S. Small Business Administration (SBA) awarded a $216,275 Formula Grant under the Microloan Program (CFDA #59.046) to Ceds Finance, a non-profit community development financial institution (CDFI) in Denver, Colorado. The grant funding will enable Ceds Finance to provide microloans up to $50,000 and associated technical assistance to women, minority, and low-income entrepreneurs, as well as small businesses in underserved communities impacted by COVID-19. Ceds Finance, as a CDFI, has a...
The federal Project Grant award of $484,000 from the U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program will support Ceds Finance, a non-profit CDFI located in Aurora, Colorado. The funding will enable Ceds Finance to provide microloans under $50,000, business counseling, and entrepreneurship training to underserved communities, with a particular emphasis on supporting minority, women-owned, immigrant, and refugee-led small businesses impacted by...
The Colorado Enterprise Fund, LLC (dba Colorado Enterprise Fund) was awarded a $1.7 million Formula Grant from the Small Business Administration under the Microloan Program (CFDA 59.046) to provide microloans and technical assistance to small businesses from July 1, 2023 to June 30, 2024. As a Community Development Financial Institution, Colorado Enterprise Fund utilizes this federal funding to offer loans under $50,000 and supportive services to women, minority, and low-income entrepreneurs and...
The Community Development Financial Institutions Fund (CDFI Fund) awarded Ceds Finance $955,179 under the Community Development Financial Institutions Fund Equitable Recovery Program (CDFI ERP, CFDA #21.033) to provide lending, grant making, and investment activities in low- and moderate-income communities disproportionately impacted by COVID-19. As a non-profit Community Development Financial Institution, Ceds Finance will use the funding to expand access to capital for underserved small...
The U.S. Small Business Administration (SBA) Office of Capital Access awarded a $422,937 Formula Grant on July 1, 2024 to the Community Economic Development Fund Foundation, Inc. (CEDF) under the Microloan Program (CFDA #59.046). This grant enables CEDF, a non-profit organization based in Meriden, Connecticut, to provide microloans up to $50,000 and comprehensive business development services to underserved entrepreneurs, particularly women, low-income, and minority business owners in the...
The Small Business Administration (SBA) awarded a $947,937 Microloan Program (CFDA 59.046) project grant to Co Enterprise Fund, LLC (doing business as Colorado Enterprise Fund), a nonprofit community development financial institution. The grant funds will be used by the organization to provide microloans up to $50,000 and accompanying technical assistance to small businesses, particularly those owned by women, minorities, and low-income individuals, in underserved communities across Colorado....
The Small Business Administration (SBA) awarded $1,092,884 to the Colorado Enterprise Fund through the Microloan Program (CFDA #59.046) to provide microloans and business assistance services to small businesses from July 1, 2021 to June 30, 2022. As a microlender under the SBA Microloan Program, the Colorado Enterprise Fund will utilize the funding to issue micro-level loans of $50,000 or less to eligible small business concerns. In addition, the organization will offer business training and...
The Small Business Administration (SBA) awarded Community Economic Development Fund Foundation, Inc. The a $596,397 Formula Grant under the Microloan Program (CFDA #59.046) for the period of July 1, 2023 to June 30, 2024. As a microlender under the SBA Microloan Program, Community Economic Development Fund provides microloans of $50,000 or less combined with business training and technical assistance services to start-up, newly established, and growing small businesses in the Meriden, CT area....