Project Grant CLSS00000080992
- The U.S. Small Business Administration (SBA) awarded a $1,537,963 Microloan Program (CFDA 59.046) grant to the Economic And Community Development Institute, Inc. (ECDI), a non-profit Community Development Financial Institution (CDFI) located in Columbus, Ohio. The grant, effective July 1, 2024 through June 30, 2025, enables ECDI to provide microloans up to $50,000 and technical assistance to small businesses, with a focus on those owned by women, minorities, and low-income individuals in...
- The Small Business Administration (SBA) awarded $3.2 million to the Economic & Community Development Institute Inc. (Ecdi) through the Microloan Program (CFDA #59.046) for the period of July 1, 2022 to June 30, 2023. Under this Formula Grant, Ecdi will provide microloans and business training/technical assistance to start-ups, new, and growing small businesses. The Microloan Program aims to assist entrepreneurs, business owners, and individuals from underserved communities gain access to...
- The Small Business Administration (SBA) awarded a $2,538,653 Microloan Program (CFDA 59.046) Formula Grant to the Economic And Community Development Institute, Inc. (ECDI), a non-profit organization. The grant provides direct loans and grants to ECDI as an eligible microlender, enabling them to offer micro-level loans, business training, and technical assistance to start-up, newly established, and growing small business concerns, with a focus on women, low-income, and minority entrepreneurs...
- The Economic and Community Development Institute Inc. was awarded a $250,000 Project Grant from the Small Business Administration Office of Capital Access under the Prime Technical Assistance federal grant program (CFDA #59.050). The grant will support the provision of training and capacity building services to microentrepreneurs through September 2022. Specifically, Ecdi will enhance the management capabilities of microbusiness owners in starting, expanding, or growing their operations. The...
- The U.S. Small Business Administration (SBA) awarded a $150,000 Project Grant to the Economic And Community Development Institute, Inc. (Ecdi) under the Women's Business Ownership Assistance program (CFDA 59.043). This funding supports Ecdi, a non-profit organization, in delivering training, counseling, and technical assistance aimed at assisting small businesses owned and controlled by women, including those who are socially and economically disadvantaged. Ecdi's key services include...
- The Economic and Community Development Institute, Inc. (ECDI) was awarded a $400,000 federal Project Grant from the U.S. Small Business Administration (SBA) under the Program for Investment in Microentrepreneurs (PRIME) (CFDA 59.050) on September 30, 2024. The award will support ECDI's efforts to increase the number of microenterprises and enhance the management capabilities of microentrepreneurs in Columbus, Ohio through training, technical assistance, and capacity building services. As a...
- The U.S. Small Business Administration (SBA) awarded a $150,000 Project Grant under the Women's Business Ownership Assistance program (CFDA 59.043) to Economic And Community Development Institute, Inc. (Ecdi) on September 30, 2023. Ecdi, a non-profit organization, will use the funding to provide training, counseling, and technical assistance to support small businesses owned and controlled by women, with an emphasis on socially and economically disadvantaged individuals. Key services include...
- The U.S. Department of Agriculture's Rural Business Cooperative Services awarded a $292,551 Project Grant on September 25, 2023 to the Northern Me Dev Commission (NMDC) under the Rural Microentrepreneur Assistance Program (CFDA 10.870). This grant will enable NMDC, a Community Development Financial Institution and non-profit community development corporation, to provide rural microentrepreneurs in Aroostook and Washington counties of Maine with access to affordable microloans, financial...
- The Small Business Administration's Microloan Program provided $1,975,171 in Formula Grant funding to the Economic & Community Development Institute Inc. from July 1, 2021 to June 30, 2022. The Microloan Program (CFDA #59.046) aims to assist entrepreneurs, business owners, and other individuals through direct loans and grants to eligible non-profit microlenders. These microlenders then provide micro-level loans of under $50,000 and business training/technical assistance services to support...
- The Economic & Community Development Institute Inc., doing business as Ecdi, was awarded a $1,826,265 Project Grant from the Department of the Treasury's Community Development Financial Institutions Fund under the Community Development Financial Institutions Rapid Response Program (CDFI RRP, CFDA 21.024). The June 15, 2021 award will support Ecdi's efforts to prepare for and respond to the economic impacts of the coronavirus through June 30, 2023. The CDFI RRP aims to bolster the ability...
The Department of Agriculture's Rural Business Cooperative Services awarded a $159,556 Project Grant under the Rural Microentrepreneur Assistance Program (CFDA 10.870) to the Economic And Community Development Institute, Inc. (Ecdi), a non-profit community development organization, on September 27, 2023. This two-year grant will enable Ecdi to deliver a range of services supporting rural microentrepreneurs and microenterprises, including business skills training, technical assistance, microloans, and capacity building. Ecdi partners with local organizations to offer these services, with a focus on low-income, minority, and women-owned businesses in economically distressed rural areas across the United States. The funding will allow Ecdi to establish revolving loan funds, offer entrepreneurship development programs, and invest in underserved rural communities to foster economic growth and job creation.
Mod # | Description | ReasonForModification | Federal Obligation | Date |
|---|---|---|---|---|
| Not listed | $159.6k | 9/27/23 |