Flagship enterprise center INC. - in…
Ended Formula Grant Awarded
- Award ID
- SBAHQ24Y0091
- Recipient
-
Flagship Enterprise Center UEI FRHGZCZTL4M1
- Awarding agency
-
Office of the Chief Operating Officer
Small Business Administration
- Obligated
- $610,833
Award facts
- Assistance listing
- 59.046 Microloan Program
- Completion date
- Funding agency
- Office of Capital Access Small Business Administration
- Place of performance
- Anderson, IN, USA
Award details come from USAspending.gov.
About this award
The Flagship Enterprise Center, Inc., a non-profit organization in Anderson, Indiana, was awarded a $610,833 Formula Grant from the U.S. Small Business Administration's (SBA) Office of Capital Access under the Microloan Program (CFDA #59.046). The grant funding, awarded on July 1, 2024, with a completion date of June 30, 2025, enables the organization to provide a suite of business development services to small businesses, microenterprises, and entrepreneurs, particularly targeting women, minorities, and low-income individuals in underserved areas. These services include providing microloans up to $50,000, business training workshops, financial literacy education, technical assistance, and business coaching. The Microloan Program aims to foster entrepreneurship and economic development in regions lacking traditional credit access by supporting the management capabilities of small businesses and increasing the number of microenterprises.
Quick answers
Who received award SBAHQ24Y0091?
SBAHQ24Y0091 was awarded to Flagship Enterprise Center by Office of the Chief Operating Officer (Small Business Administration) on July 1, 2024.
How much is award SBAHQ24Y0091 worth?
$610,833 has been obligated on SBAHQ24Y0091.
Which agency awarded SBAHQ24Y0091?
Office of the Chief Operating Officer (Small Business Administration) awarded SBAHQ24Y0091, with funding from Office of Capital Access (Small Business Administration).
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