This $1,600,000 Project Grant award from the U.S. Department of Health and Human Services' Community Services Block Grant (CSBG) Discretionary Awards program was provided to Main Street Launch, a non-profit community development corporation, to recapitalize the San Francisco Business Resilience Loan Fund. The purpose of the fund is to provide low-interest loans to new restaurants in order to create full-time jobs and contribute to revitalizing downtown San Francisco. The project period is from...
The City and County of San Francisco received a $884,785 Project Grant award from the Department of Commerce Economic Development Administration under the Economic Adjustment Assistance program. The grant will fund the Small Business COVID-19 Recovery Program to provide $884k in specialized technical assistance and recovery planning tools directly addressing survivability and revenue recovery needs for small businesses impacted by the pandemic. Services include financial management assistance,...
The Small Business Administration (SBA) awarded $217,749 under the Microloan Program (CFDA #59.046) to Southeast Asian Community Center in San Francisco, California. This Formula Grant funding will support the awardee's provision of microloans and business training/technical assistance services to start-up, newly established, and growing small businesses from July 1, 2021 to June 30, 2022. Specifically, Southeast Asian Community Center will utilize the SBA funding to directly provide micro-level...
The Small Business Administration (SBA) awarded $211,039 under the Microloan Program (CFDA #59.046) Formula Grant to the Southeast Asian Community Center in San Francisco, CA for the period of July 1, 2022 to June 30, 2023. The Microloan Program provides direct loans and grants to eligible non-profit microlenders to offer micro-level loans and business training/technical assistance to start-ups, new, and growing small businesses. This funding will allow the Southeast Asian Community Center to...
The U.S. Department of Commerce Economic Development Administration (EDA) awarded a $1,417,164 project grant to the City of South San Francisco under the Economic Adjustment Assistance (EAA) program. The grant will support the development of a business resource center in partnership with the Renaissance Entrepreneurship Center to provide technical assistance services to emerging and established small businesses in North San Mateo County, California. Services will target low- and moderate-income,...
The U.S. Small Business Administration (SBA) awarded a $194,169 Project Grant under the Microloan Program (CFDA 59.046) to the Southeast Asian Community Center in San Francisco, California. The grant will be used from July 1, 2024 to June 30, 2025 to provide microloans up to $50,000 and accompanying business training and technical assistance to start-up, newly established, and growing small businesses, with a focus on women, low-income, and minority entrepreneurs. As a microlender...
The Department of Commerce Economic Development Administration awarded a $375,000 project grant to the Renaissance Entrepreneurship Center on February 17, 2021 under the Economic Adjustment Assistance program (CFDA 11.307). The grant funding will support the Center's delivery of technical assistance and planning services to businesses in San Francisco, California impacted by adverse economic changes. The Economic Adjustment Assistance program aims to aid regions experiencing sudden or gradual...
The Small Business Administration awarded Southeast Asian Community Center a $143,101 Microloan Program Project Grant from July 1, 2023 to June 30, 2024. Through the SBA's Microloan Program (CFDA #59.046), which aims to expand access to credit for women, low-income, and minority entrepreneurs, Southeast Asian Community Center will provide microloans of $50,000 or less as well as business training and technical assistance to start-up, newly established, and growing small businesses in San...
The Small Business Administration Office of Entrepreneurial Development awarded a $300,000 project grant to the Renaissance Entrepreneurship Center of San Francisco, California. The grant period runs from September 30, 2021 through September 29, 2024. The grant funds the Center's work assisting small businesses owned and controlled by women through training and counseling. This aligns with the goals of the Women's Business Ownership Assistance program (CFDA #59.043), which aims to remove...
The Department of Commerce Economic Development Administration awarded Homeboy Industries $4,964,000 under the Economic Adjustment Assistance program to renovate an existing facility and provide vocational training to previously incarcerated individuals in the culinary and food sectors in Los Angeles, California. The project supports workforce development by preparing trainees for employment through vocational programs focused on culinary arts and food services. Once completed, the renovated...