The U.S. Department of Agriculture's Rural Housing Service, through its Rural Microentrepreneur Assistance Program (CFDA 10.870), awarded a $100,000 project grant to the Southern Maine Finance Agency, a non-profit community development organization, on January 2, 2025. The grant funding will be used to establish a microloan revolving fund and provide training, technical assistance, and other support services to rural microenterprises and microentrepreneurs in Maine. The program aims to foster...
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 Office of Capital Access awarded a $290,787 Microloan Program Technical Assistance Grant to the Northern Me Dev Commission for the period of July 1, 2022 to June 30, 2023. Under the Microloan Program (CFDA #59.046), the Northern Me Dev Commission will provide technical assistance services to women, low-income, minority and other entrepreneurs and small business owners in Caribou, Maine. The Microloan Program aims to expand access to credit for these...
The Small Business Administration (SBA) Microloan Program awarded a $295,942 Formula Grant to the Northern Me Dev Commission, a non-profit community development corporation and Community Development Financial Institution (CDFI) serving Aroostook and Washington counties in Northern Maine. This grant, awarded on July 1, 2023, with a completion date of June 30, 2024, provides direct loans and grants to the Commission so that it may offer micro-level loans, business-based training, and technical...
The Department of Agriculture Rural Housing Service awarded a $100,000 Project Grant to the Northeast Entrepreneur Fund, Inc. doing business as Entrepreneur Fund, for the Rural Microentrepreneur Assistance Program (CFDA #10.870). The grant will support Entrepreneur Fund's delivery of technical assistance and financial skills training to rural microentrepreneurs from Mar 2021 to Mar 2023. The Rural Microentrepreneur Assistance Program aims to provide rural business owners with less than...
The Department of Agriculture's Rural Business Cooperative Services awarded a $144,968 Project Grant under the Rural Microentrepreneur Assistance Program (CFDA #10.870) to Maryland Capital Enterprises, Inc. The funding supports the organization's delivery of microloans, business consulting, and entrepreneurial training to empower small businesses and microentrepreneurs, particularly in underserved communities across Maryland. This two-year award, effective September 26, 2023, will enable...
The Federal Grant Award ID SBAHQ24Y0104 is a $366,431 Formula Grant awarded by the U.S. Small Business Administration (SBA) to the Northern Me Dev Commission in Caribou, Maine. The grant funding supports the SBA's Microloan Program (CFDA 59.046), which provides microloans up to $50,000 and technical assistance to small businesses, particularly those owned by women, minorities, and low-income individuals in underserved communities. As a Community Development Financial Institution (CDFI) and...
The U.S. Department of Agriculture Rural Housing Service awarded a $117,913 Project Grant under the Rural Microentrepreneur Assistance Program (CFDA 10.870) to the Nebraska Enterprise Fund, a non-profit community development organization. The grant supports the delivery of microloans, business development assistance, counseling, and technical services to rural microentrepreneurs and microenterprises across Nebraska, with a focus on underserved communities including those owned by women,...
The Small Business Administration (SBA) awarded $139,373.53 under the Microloan Program (CFDA #59.046) Formula Grant to the Northern Me Dev Commission for the period of July 1, 2021 to June 30, 2022. The grant funds microloans and business training/technical assistance services to start-ups, new, and growing small businesses through eligible non-profit microlenders. The Microloan Program aims to assist entrepreneurs, business owners, and individuals from underserved demographic groups in areas...
The U.S. Department of Agriculture's Rural Business Cooperative Services awarded a $100,000 Project Grant on March 28, 2025 to Feed The Hunger Fund, a non-profit organization and community development corporation, under the Rural Microentrepreneur Assistance Program (CFDA 10.870). The grant provides funding to Feed The Hunger Fund to establish a microloan revolving fund and deliver technical assistance, including business training, entrepreneurship education, and financial support, to rural...