Region 10 leap for econ DEV - CO

Ended Formula Grant Awarded

Award ID
SBAHQ24Y0122
Recipient
Awarding agency
Obligated
$292,161

Award facts

Assistance listing
59.046 Microloan Program
Completion date
Funding agency
Office of Capital Access Small Business Administration
Place of performance
Montrose, CO, USA

Award details come from USAspending.gov.

About this award

Written by GovTribe AI ·

This federal Formula Grant award from the Small Business Administration (CFDA 59.046 Microloan Program) provides $292,161 to the Region 10 League For Economic Assistance And Planning, Inc. (Region 10) to support small businesses, particularly those owned by women, minorities, and low-income individuals, in Delta, Gunnison, Hinsdale, Montrose, Ouray, and San Miguel counties in western Colorado. Through this grant, Region 10 will offer microloans up to $50,000 and technical assistance to help foster entrepreneurship and economic development in underserved areas of the region. As an experienced microlender, Region 10 will use the funding to expand access to capital and provide business guidance to its small business clients. The grant award period is from July 1, 2024, to June 30, 2025.

Quick answers

Who received award SBAHQ24Y0122?

SBAHQ24Y0122 was awarded to Region 10 League For Economic Assistance And Planning, Inc. by Office of the Chief Operating Officer (Small Business Administration) on July 1, 2024.

How much is award SBAHQ24Y0122 worth?

$292,161 has been obligated on SBAHQ24Y0122.

Which agency awarded SBAHQ24Y0122?

Office of the Chief Operating Officer (Small Business Administration) awarded SBAHQ24Y0122, with funding from Office of Capital Access (Small Business Administration).

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