The U.S. Small Business Administration (SBA) awarded a $241,193 Project Grant to Bridgeway Capital Inc., a nonprofit community development financial institution, under the Microloan Program (CFDA 59.046). The purpose of this grant is to support Bridgeway Capital's efforts 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 in western Pennsylvania, eastern Ohio, and...
Bridgeway Capital, Inc. received a $332,182 Formula Grant award from the Small Business Administration under the Microloan Program (CFDA 59.046) to provide microloans and business training/technical assistance from July 1, 2021 through June 30, 2022. As the SBA's Microloan Program aims to assist entrepreneurs in underserved areas through credit and support services, Bridgeway Capital will utilize this funding to deliver micro-level loans ($100k or less) and business development resources to...
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 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 $413,536.82 Formula Grant to the Washington County Council on Economic Development 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 an intermediary lender under the Microloan Program, the Council will utilize the funding to issue micro-level loans of under $50,000 to eligible startup, newly established, and growing small businesses located in...
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's Office of Capital Access awarded a $471,228 Formula Grant to the Washington County Council on Economic Development (WCCED), a Pennsylvania-based non-profit organization and community development corporation. This grant, awarded on July 1, 2023, will enable WCCED to operate as an intermediary microlender under the SBA Microloan Program (CFDA #59.046) from 2023-2024. Under this grant, WCCED will utilize the funding to deliver microloans of up to $50,000 to...
The Small Business Administration (SBA) Microloan Program awarded a $115,474 Formula Grant to Womenventure, a non-profit organization, for the period of July 1, 2023 to June 30, 2024. Womenventure, a certified Community Development Financial Institution, will use the grant funds to provide direct microloans, business training, and technical assistance to start-up, newly established, and growing small business concerns, with a focus on women, low-income, and minority entrepreneurs and business...
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...