Formula Grant SBAHQ24Y0104
- This Project Grant award of $361,513.00 from the Small Business Administration (SBA) Microloan Program (CFDA 59.046) was provided to Coastal Enterprises, Inc. (CEI), a non-profit community development financial institution (CDFI) in Brunswick, Maine. The award will fund CEI's delivery of 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 award, CEI...
- The U.S. Small Business Administration (SBA) awarded a $252,499 Project Grant to Community Concepts Finance Corporation, a non-profit community development organization based in South Paris, Maine. The grant was provided through the SBA's Microloan Program (CFDA 59.046), which supports small businesses, particularly those owned by women, minorities, and low-income individuals in underserved communities. This federal grant enables Community Concepts Finance Corporation to offer microloans up to...
- This $266,180 Project Grant award from the U.S. Small Business Administration (SBA) under the Microloan Program (CFDA 59.046) was provided to Coastal Enterprises Inc. (CEI), a non-profit community development financial institution (CDFI) located in Brunswick, Maine. The grant funding will support CEI's efforts to provide microloans up to $50,000, primarily for working capital, inventory, supplies, furniture, fixtures, machinery, and equipment, to small businesses, especially those owned by...
- The Small Business Administration (SBA) awarded a $375,822 Microloan Program (CFDA 59.046) Formula Grant to Coastal Enterprises, a nonprofit community development financial institution (CDFI), to provide microloans, training, and technical assistance to start-up, newly established, and growing small business concerns. This one-year grant, effective July 1, 2023 through June 30, 2024, supports Coastal Enterprises' efforts to assist women, low-income, and minority entrepreneurs and small...
- The Small Business Administration (SBA) awarded Coastal Enterprises, Inc. a $419,195 Formula Grant under 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 small, short-term loans and training to start-up and growing small businesses. As the sub-awardee, Coastal Enterprises will use the grant funding to...
- The Small Business Administration (SBA) awarded Community Concepts Finance Corporation $382,066.61 under the Microloan Program (CFDA #59.046) for the period of July 1, 2021 through June 30, 2022. Through this Formula Grant, Community Concepts Finance Corporation will provide microloans of $50,000 or less, business training, and technical assistance to small businesses and entrepreneurs in Oxford and Androscoggin Counties, Maine. The Microloan Program aims to expand access to credit for small...
- The U.S. Small Business Administration (SBA) awarded a $227,047 Formula Grant under the Microloan Program (CFDA 59.046) to Neighborhood Development Center Inc., a non-profit community development corporation based in St. Paul, Minnesota. The grant provides funding for the organization to offer microloans up to $50,000 and comprehensive technical assistance to small businesses, particularly those owned by women, minorities, and low-income individuals in underserved communities. The grant has a...
- The federal Formula Grant award in the amount of $160,263.00 was provided by the Small Business Administration's Microloan Program (CFDA 59.046) to Communities Unlimited Inc., a non-profit economic development organization based in Fayetteville, Arkansas. The award period is from July 1, 2024 to June 30, 2025. The Microloan Program funds are intended to enable Communities Unlimited Inc. to provide microloans up to $50,000 and technical assistance to small businesses, particularly those owned...
- The U.S. Small Business Administration (SBA) awarded a $2,400,000 Congressional Grants program (CFDA 59.059) Project Grant to the University of Maine System (UMS) on October 1, 2024. The grant will fund small business development and entrepreneurship initiatives over a 2-year performance period ending September 30, 2026. Through this award, UMS will provide a range of services to support underserved entrepreneurial communities, including business counseling, technical assistance, workforce...
- This federal Project Grant award from the Small Business Administration (SBA) under the Microloan Program (CFDA 59.046) provides $254,931.00 to Communityworks, a certified Community Development Financial Institution (CDFI), to assist women, minority, and low-income entrepreneurs and small businesses. The funding will enable Communityworks to offer microloans up to $50,000 for working capital, inventory, supplies, equipment, and other business needs, as well as provide marketing, management,...
The Federal Grant Award ID SBAHQ24Y0104 is a $366,431 Formula Grant awarded by the U.S. Small Business Administration (SBA) to the Northern Me Dev Commission in Caribou, Maine. The grant funding supports the SBA's Microloan Program (CFDA 59.046), which provides microloans up to $50,000 and technical assistance to small businesses, particularly those owned by women, minorities, and low-income individuals in underserved communities. As a Community Development Financial Institution (CDFI) and non-profit organization, the Northern Me Dev Commission will use the funding to offer critical financial and business development services, including microloans, training, and technical assistance, to small businesses and entrepreneurs in Aroostook and Washington counties in Northern Maine. This grant award, with a performance period from July 1, 2024 to June 30, 2025, is part of the SBA's broader efforts to foster entrepreneurship and economic development in areas lacking traditional credit access.
Mod # | Description | ReasonForModification | Federal Obligation | Date |
|---|---|---|---|---|
| Not listed | $366.4k | 7/1/24 |