The Small Business Administration (SBA) awarded Ascendus, Inc. a $511,248 Microloan Program (CFDA 59.046) grant 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 federal grant award, with a performance period from July 1, 2024 to June 30, 2025, will enable Ascendus, a nonprofit small business lender, to deliver an array of financial and business support...
The Small Business Administration (SBA) awarded a $1.92 million Formula Grant to Ascendus, Inc. doing business as Accion USA through the Microloan Program (CFDA #59.046) to provide microloans and business training/technical assistance to small businesses from July 2022 to June 2023. The Microloan Program aims to assist entrepreneurs and business owners in underserved areas through direct loans of up to $50,000 and grants to intermediary microlenders. As the sub-awardee, Accion USA will...
The Small Business Administration (SBA) awarded Ascendus, Inc. $1,199,165 under the Microloan Program (CFDA #59.046) to provide microloans and business assistance to small businesses from July 2021 to June 2022. As a microlender under the SBA Microloan Program, Ascendus will originate microloans of $50,000 or less to small businesses and provide entrepreneurial development assistance including business training and technical support. The Microloan Program aims to expand access to credit for...
The Small Business Administration (SBA) has awarded a $1,374,473 Microloan Program (CFDA 59.046) formula grant to Liftfund Inc., doing business as Accion, a nonprofit community development financial institution. This funding will enable Accion to provide microloans under $50,000, as well as business training and technical assistance, to startups, minority-owned, women-owned, and other underserved small businesses in San Antonio, TX and the surrounding region. Accion has extensive experience...
The Small Business Administration (SBA) awarded a $1,120,557 Formula Grant to Liftfund Inc., doing business as Accion, through the Microloan Program. The Microloan Program (CFDA #59.046) 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. With this funding, Liftfund Inc. will deliver microloans and business support services from July 1, 2021 to June 30, 2022...
The Small Business Administration Office of Capital Access awarded Ascendus, Inc. DBA Accion East Inc a $200,000 Project Grant under the Prime Technical Assistance federal grant program (CFDA 59.050). The grant will support Accion East Inc in providing technical assistance services from September 30, 2022 to September 29, 2023 to increase the number of microenterprises and enhance the management capabilities of microentrepreneurs in starting, expanding, and growing their businesses. Services...
This $1,337,520 Formula Grant award to Liftfund Inc. (doing business as Accion) was provided by the U.S. Small Business Administration (SBA) under the Microloan Program (CFDA 59.046). The grant supports Liftfund's delivery of microloans up to $50,000 and related technical assistance to underserved entrepreneurs and small businesses, particularly those owned by women, minorities, and low-income individuals in economically disadvantaged regions. As a Community Development Financial Institution...
The Small Business Administration (SBA) awarded a $598,791 Project Grant under the Microloan Program (CFDA 59.046) to Accompany Capital Inc., doing business as Business Center For New Americans, a non-profit Community Development Corporation. The grant will fund the organization's provision of microloans up to $50,000 and accompanying technical assistance to start-up, newly established, and growing small business concerns, particularly those owned by women, minorities, and low-income individuals...
Liftfund Inc., doing business as Accion, will provide small business financing and support services to entrepreneurs in Texas and New Mexico under a $1,000,000 Project Grant award from the Small Business Administration (SBA) Office of the Chief Operating Officer. The grant falls under the SBA's Congressional Grants program (CFDA #59.059), which provides funding for small business development and entrepreneurship initiatives. Specifically, Accion will use the grant to issue microloans of under...
The Small Business Administration (SBA) awarded Accompany Capital Inc. $1,132,636.99 under the Microloan Program (CFDA #59.046) 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 services to start-up, newly established, and growing small businesses. As the sub-awardee, Accompany Capital Inc. will utilize the funding to deliver microloans...