Formula Grant SBAHQ24Y0101
- The Small Business Administration (SBA) awarded $581,365 under the Microloan Program (CFDA #59.046) to Community Economic Development Fund Foundation, Inc. to provide microloans and business assistance to small businesses in Meriden, Connecticut from July 1, 2022 to June 30, 2023. The Microloan Program aims to assist entrepreneurs, business owners, and individuals in underserved areas by providing small, short-term loans and training resources to start-ups and growing small businesses. As a...
- 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) awarded $544,555 under the Microloan Program (CFDA #59.046) Formula Grant to the Community Economic Development Fund Foundation, Inc. for the period of July 1, 2021 to June 30, 2022. The grant funds will support the provision of microloans and business training/technical assistance services to startup, newly established, and growing small businesses located in Meriden, Connecticut. The Microloan Program aims to assist women, low-income, and minority...
- The Community Economic Development Fund Foundation, Inc. was awarded a $427,128 Project Grant from the U.S. Small Business Administration's (SBA) Microloan Program (CFDA #59.046) with a performance period from July 1, 2025 to June 30, 2026. The grant supports the organization's work in delivering microloans up to $50,000 and comprehensive business development services, with a focus on assisting women, minority, and low-income entrepreneurs in the Meriden, CT area who lack access to traditional...
- The Small Business Administration (SBA) awarded $102,414 under the Microloan Program (CFDA #59.046) Formula Grant to Hedco, Inc. doing business as the Hartford Economic Development Corporation. The grant will support the provision of microloans and business training/technical assistance to start-ups, newly established and growing small businesses in Hartford, Connecticut from July 1, 2021 through June 30, 2022. The Microloan Program aims to assist women, low-income, and minority entrepreneurs as...
- The Small Business Administration (SBA) awarded a $542,371 Formula Grant to the Community Investment Corporation through the Microloan Program (CFDA #59.046). The grant funding will support the provision of microloans and associated business training/technical assistance services to start-ups, new, and growing small businesses in Hamden, Connecticut through September 30, 2022. The SBA Microloan Program aims to expand access to credit for small businesses in underserved communities through direct...
- The Small Business Administration (SBA) awarded a $337,494 Project Grant under the Microloan Program (CFDA 59.046) to the Community Investment Corporation, a nonprofit community development corporation and microlender based in Hamden, CT. 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 businesses, with a focus on supporting women, low-income, and minority entrepreneurs. The...
- The U.S. Small Business Administration (SBA) awarded a $216,275 Formula Grant under the Microloan Program (CFDA #59.046) to Ceds Finance, a non-profit community development financial institution (CDFI) in Denver, Colorado. The grant funding will enable Ceds Finance to provide microloans up to $50,000 and associated technical assistance to women, minority, and low-income entrepreneurs, as well as small businesses in underserved communities impacted by COVID-19. Ceds Finance, as a CDFI, has a...
- This $134,829 Project Grant award from the U.S. Small Business Administration's (SBA) Microloan Program (CFDA 59.046) was provided to Hedco Inc., doing business as Hartford Economic Development, a non-profit community development organization in Hartford, Connecticut. The grant funding enables Hedco to offer microloans up to $50,000 and provide technical assistance to support small businesses, particularly those owned by women, minorities, and low-income individuals in underserved communities....
- The Small Business Administration (SBA) awarded $534,368 under the Microloan Program (CFDA #59.046) to Ceds Finance of Aurora, Colorado 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 of under $100k, as well as business training and technical assistance, to support small businesses, especially those owned by women and minorities. This funding will allow Ceds Finance to deliver...
The U.S. Small Business Administration (SBA) Office of Capital Access awarded a $422,937 Formula Grant on July 1, 2024 to the Community Economic Development Fund Foundation, Inc. (CEDF) under the Microloan Program (CFDA #59.046). This grant enables CEDF, a non-profit organization based in Meriden, Connecticut, to provide microloans up to $50,000 and comprehensive business development services to underserved entrepreneurs, particularly women, low-income, and minority business owners in the Meriden area who lack access to traditional commercial financing. The grant supports CEDF's core mission of fostering economic growth in underserved communities by empowering small businesses through targeted financial assistance and educational interventions, such as business training, technical assistance, and short-term lending. This annual Formula Grant award is part of a consistent pattern of funding from the SBA Microloan Program to CEDF, with previous awards ranging from $422,937 to $596,397 between 2020 and 2024.
Mod # | Description | ReasonForModification | Federal Obligation | Date |
|---|---|---|---|---|
| Not listed | $422.9k | 9/10/24 |