This federal Project Grant award from the Small Business Administration (SBA) under the Microloan Program (CFDA 59.046) provides $254,931.00 to Communityworks, a certified Community Development Financial Institution (CDFI), to assist women, minority, and low-income entrepreneurs and small businesses. The funding will enable Communityworks to offer microloans up to $50,000 for working capital, inventory, supplies, equipment, and other business needs, as well as provide marketing, management,...
The Small Business Administration (SBA) Office of Capital Access awarded a $480,686 Formula Grant to Community Capital New York, Inc. (doing business as Community Capital New YOR), a community development financial organization and mission-driven community development lender, under the SBA Microloan Program (CFDA 59.046). This grant, with a performance period of July 1, 2023 to June 30, 2024, will allow Community Capital New York, Inc. to provide microloans, training, and technical assistance to...
The Small Business Administration (SBA) awarded a $1,131,277 Microloan Program (CFDA 59.046) formula grant to Community Ventures Corporation, Inc., a non-profit organization, for the period of July 1, 2023 to June 30, 2024. The grant provides direct loans and technical assistance to help start-up, newly established, and growing small businesses, particularly those owned by women, low-income, and minority entrepreneurs. As a community development financial institution, Community Ventures will...
The Small Business Administration (SBA) Microloan Program awarded a $544,747 formula grant to the Center For Rural Affairs Community Capital, a non-profit organization and community development corporation. This grant, effective from July 1, 2023 to June 30, 2024, will enable the organization to provide microloans, business training, counseling, and technical assistance to start-up, newly established, and growing small businesses, with a focus on women, low-income, and minority entrepreneurs and...
The Small Business Administration awarded $191,164.33 under the Microloan Program (CFDA #59.046) to Southeast Community Capital Corporation for the period of July 1, 2021 through June 7, 2022. 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. As the sub-awardee, Southeast Community Capital will utilize the funding to provide microloans...
The Small Business Administration (SBA) Microloan Program awarded a $134,691 formula grant to Renaissance Community Loan Fund Inc., a non-profit organization, to provide microloans, business training, and technical assistance to start-up, newly established, and growing small businesses. This grant, which runs from July 1, 2023 to June 30, 2024, is funded under the SBA's Microloan Program (CFDA 59.046). The program aims to assist women, low-income, and minority entrepreneurs, business owners, and...
The U.S. Small Business Administration (SBA) awarded a $111,660 Project Grant under the Microloan Program (CFDA 59.046) to Community Development Resources, a non-profit community development corporation, for the period of July 1, 2024 to June 30, 2025. This grant enables Community Development Resources to provide microloans up to $50,000 and accompanying technical assistance to women, low-income, and minority entrepreneurs as well as small businesses lacking access to credit in its local...
The U.S. Small Business Administration (SBA) awarded a $269,051 Formula Grant under the Microloan Program (CFDA 59.046) to Community First Fund, a non-profit Community Development Financial Institution (CDFI), to provide microloans up to $50,000 and technical assistance to small businesses, particularly those owned by women, minorities, and low-income individuals in underserved communities. This one-year grant with a performance period from July 1, 2024 to June 30, 2025 is intended to foster...
The Small Business Administration awarded a $144,728 Microloan Program (CFDA 59.046) formula grant to Community Development Resources, a non-profit community development corporation and Community Development Financial Institution in Lincoln, NE. The grant provides operating funds for Community Development Resources to deliver microloans up to $50,000 and provide management training and technical assistance to women, low-income, and minority entrepreneurs and small businesses lacking access to...
The Small Business Administration (SBA) awarded a $734,182 Microloan Program Formula Grant to the Center For Rural Affairs 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 and business training/technical assistance to start-up, newly established, and growing small businesses. Specifically, the Center For Rural Affairs will utilize this funding to provide microloans and business...