Project Grant CLSS00000079898
Award Date
9/13/23
Completion Date
9/13/25
Dollars Obligated
$341K
Federal Agency
Rural Business Cooperative Services
Federal Grant Program
10.870
Assistance Type
Project Grant
Place of Performance
Kentucky, USA
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The Department of Agriculture's Rural Business Cooperative Services awarded a $214,408 Project Grant under the Rural Microentrepreneur Assistance Program (CFDA 10.870) to Kentucky Highlands Investment Corporation. This funding supports the corporation's efforts to establish a microloan revolving fund and provide technical assistance, entrepreneurship education, and financial support to rural microenterprises and microentrepreneurs in Kentucky. As a certified Community Development Financial...
The Kentucky Highlands Investment Corporation received a $432,464 Formula Grant award from the U.S. Small Business Administration's Microloan Program (CFDA 59.046) with a performance period from July 1, 2024 to June 30, 2025. The grant supports the organization's efforts to provide microloans up to $50,000 and technical assistance to small businesses, entrepreneurs, and underserved communities in rural Southeastern Kentucky. As a certified Community Development Financial Institution (CDFI),...
The U.S. Department of Agriculture's Rural Business Cooperative Services awarded a $199,999 Rural Business Development Grant (CFDA 10.351) to Kentucky Highlands Investment Corporation, a non-profit community development organization in London, Kentucky. The two-year grant, awarded on July 30, 2024, will fund the organization's efforts to promote sustainable economic development and support small and emerging businesses in rural Southeastern Kentucky. Through this project grant, Kentucky...
The Kentucky Highlands Investment Corporation was awarded a $150,000 Project Grant from the U.S. Department of Agriculture's Rural Business Cooperative Services under the Rural Energy for America Program (CFDA 10.868). The grant funding will support the corporation's efforts to promote renewable energy systems and energy efficiency improvements among rural small businesses and agricultural producers in Kentucky over a 24-month period from June 2024 to June 2026. As a certified Community...
The Small Business Administration (SBA) awarded $490,128 under the Microloan Program (CFDA #59.046) to Kentucky Highlands Investment Corporation. This Formula Grant will support Kentucky Highlands in providing microloans and business assistance to entrepreneurs and small business owners from July 2021 to June 2022. As an intermediary lender under the SBA Microloan Program, Kentucky Highlands will utilize the funding to issue micro-level loans of $50,000 or less to eligible startup, newly...
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The Small Business Administration Office of Capital Access awarded a $1,073,892 Project Grant to the Kentucky Highlands Investment Corp to provide training and technical assistance to Small Business Administration Microloan Program borrowers and prospective borrowers from July 1, 2022 to June 30, 2023. The grant funding will support Kentucky Highlands Investment Corp in delivering training and technical assistance services to clients under the SBA's Microloan Program (CFDA #59.046). The...
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The Kentucky Highlands Investment Corporation was awarded a $1.8 million Project Grant from the United States Department of the Treasury's Community Development Financial Institutions Fund on June 15, 2021. The grant funding will support Kentucky Highlands Investment Corporation's efforts under the Community Development Financial Institutions Rapid Response Program (CDFI RRP) through March 31, 2024. The CDFI RRP aims to bolster the ability of Community Development Financial Institutions to...