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 U.S. Small Business Administration (SBA) awarded a $729,305 Formula Grant under the Microloan Program (CFDA 59.046) to the Neighborhood Community Development Fund, a non-profit organization based in Pittsburgh, PA. Through this grant, the Neighborhood Community Development Fund will provide microloans up to $50,000 along with business training and technical assistance to start-up, newly established, and growing small businesses in the region. The Microloan Program aims to assist women,...
The Small Business Administration (SBA) awarded a $504,553 Formula Grant to the Neighborhood Community Development Fund through the Microloan Program (CFDA #59.046) to provide microloans and business assistance services from July 1, 2021 to June 30, 2022. The Microloan Program aims to assist entrepreneurs, business owners, and individuals in underserved areas by providing direct loans and grants to eligible non-profit microlenders. As the sub-awardee, the Neighborhood Community Development...
The Small Business Administration (SBA) awarded a $1,035,354 Formula Grant to the Community Investment Corporation through the Microloan Program (CFDA #59.046). The grant provides direct loans and grants to eligible non-profit microlenders to offer micro-level loans and business training/technical assistance services to start-ups, new, and growing small businesses. Specifically, the Community Investment Corporation will use SBA funding from July 2022 to June 2023 to assist women, low-income, and...
The U.S. Small Business Administration (SBA) has awarded a $702,681 Formula Grant to the Neighborhood Community Development Fund (NCDF) under the SBA Microloan Program (CFDA 59.046). This grant funding will enable NCDF, a nonprofit community development organization, to provide microloans up to $50,000 along with business training and technical assistance to start-up and growing small businesses, particularly those owned by women, minorities, and low-income individuals, in the Pittsburgh, PA...
The Small Business Administration awarded a $100,000 project grant to First Childrens Finance through the Microloan Program (CFDA #59.046) for the period of July 1, 2022 to June 30, 2023. The Microloan Program aims to assist women, low-income, and minority entrepreneurs as well as small businesses in underserved areas facing a lack of access to credit. Through this funding, First Childrens Finance will provide microloans and technical assistance to small business owners and aspiring...
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....
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...
This $390,097 Formula Grant award from the U.S. Small Business Administration (SBA) Office of Capital Access under the Microloan Program (CFDA 59.046) supports Communityworks, a non-profit Community Development Financial Institution (CDFI), in providing lending, training, and technical assistance to women, low-income, and minority entrepreneurs and small businesses in underserved communities. Key services include microloans, financial counseling, and COVID-19 recovery assistance, with a focus on...
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...