Nebraska enterprise fund - NE

Ended Formula Grant Awarded

Award ID
SBAHQ24Y0132
Recipient
Awarding agency
Obligated
$255,661

Award facts

Assistance listing
59.046 Microloan Program
Completion date
Funding agency
Office of Capital Access Small Business Administration
Place of performance
Oakland, NE 68045, USA

Award details come from USAspending.gov.

About this award

Written by GovTribe AI ·

The U.S. Small Business Administration (SBA) awarded a $255,661 Formula Grant under the Microloan Program (CFDA 59.046) to the Nebraska Enterprise Fund, a certified Community Development Financial Institution (CDFI) and microlender, for the period of July 1, 2024 to June 30, 2025.

Through this federal grant, the Nebraska Enterprise Fund will provide microloans up to $50,000 and technical assistance to small businesses, particularly those owned by women, minorities, veterans, and low-income individuals in underserved and rural communities across Nebraska. The organization leverages this funding to foster entrepreneurship, expand access to capital, and support economic development in areas lacking traditional credit access. The grant supports the Nebraska Enterprise Fund's comprehensive suite of financing, counseling, and capacity-building services to help establish and grow small and micro-businesses in Nebraska.

Quick answers

Who received award SBAHQ24Y0132?

SBAHQ24Y0132 was awarded to Nebraska Enterprise Fund by Office of the Chief Operating Officer (Small Business Administration) on July 1, 2024.

How much is award SBAHQ24Y0132 worth?

$255,661 has been obligated on SBAHQ24Y0132.

Which agency awarded SBAHQ24Y0132?

Office of the Chief Operating Officer (Small Business Administration) awarded SBAHQ24Y0132, with funding from Office of Capital Access (Small Business Administration).

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