Formula Grant SBAHQ23Y0123
- The U.S. Small Business Administration (SBA) awarded a $277,849 Microloan Program (CFDA 59.046) project grant to Carolina Community Impact, Inc., a non-profit organization based in Raleigh, North Carolina. The grant, effective from July 1, 2024, to June 30, 2025, will be used 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. Through this funding,...
- This federal Project Grant award of $205,235.00 from the U.S. Small Business Administration (SBA) Office of Capital Access, under the Microloan Program (CFDA 59.046), was provided to Carolina Community Impact, Inc., a Community Development Financial Institution (CDFI) located in Raleigh, North Carolina. The funding will support Carolina Community Impact's mission of providing microloans up to $50,000, as well as comprehensive technical assistance, business training, and entrepreneurial...
- Carolina Community Impact Inc. was awarded a $100,000 Project Grant from the U.S. Small Business Administration's Office of Capital Access under the Microloan Program (CFDA 59.046) to provide technical assistance to underserved entrepreneurs in Raleigh, North Carolina from July 1, 2022 through June 30, 2023. The Microloan Program aims to assist women, low-income, and minority entrepreneurs, business owners, and other individuals by providing credit and support services to small businesses in...
- The Small Business Administration (SBA) awarded a $614,102 Formula Grant under the Microloan Program (CFDA 59.046) to Mountain Bizcapital Inc., a non-profit community development corporation in Asheville, North Carolina. This grant funding enables Mountain Bizcapital to provide microloans up to $50,000 and technical assistance services to support small businesses, particularly those owned by women, minorities, and low-income individuals in underserved communities. The grant period runs from July...
- 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 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) 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 (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 Small Business Administration (SBA) awarded a $1,030,849 Formula Grant to Mountain Bizcapital Inc. through the Microloan Program (CFDA #59.046) to provide microloans and business assistance services from July 1, 2021 to June 30, 2022. As a microlender under the SBA Microloan Program, Mountain Bizcapital Inc. will utilize the funding to issue micro-level loans of $50,000 or less to small businesses and entrepreneurs, as well as offer business training and technical assistance to support their...
- The Small Business Administration (SBA) has awarded a $792,914 Microloan Program (CFDA 59.046) formula grant to Mountain Bizcapital Inc., a non-profit community development organization based in Asheville, NC. This grant provides direct lending capital and resources to support Mountain Bizcapital's delivery of microloans, business training, and technical assistance to start-up, newly established, and growing small businesses, with a focus on women, low-income, and minority entrepreneurs. As a...
This $138,600 Formula Grant was awarded by the Small Business Administration (SBA) Office of Capital Access to Carolina Community Impact Inc., a non-profit organization in Raleigh, NC. The funding is provided through the SBA's Microloan Program (CFDA 59.046), which aims to assist women, low-income, and minority entrepreneurs and small businesses lacking access to credit. Under this grant, Carolina Community Impact Inc. will provide technical assistance, small business loans, coaching, and mentoring services to support under-resourced and underserved small businesses and entrepreneurs in North Carolina. The organization has previously received funding from the Department of Treasury's Community Development Financial Institutions (CDFI) Fund to build the capacity of CDFIs nationwide and address community needs arising from the COVID-19 pandemic.
Mod # | Description | ReasonForModification | Federal Obligation | Date |
|---|---|---|---|---|
| Not listed | $138.6k | 6/26/23 |