Project Grant CLSS00000117365
- The U.S. Department of Agriculture's Rural Business Cooperative Services awarded a $340,812 Project Grant to Kentucky Highlands Investment Corporation under the Rural Microentrepreneur Assistance Program (CFDA 10.870). This funding will enable Kentucky Highlands Investment Corporation, a certified Community Development Financial Institution (CDFI) and non-profit community development organization, to provide rural microentrepreneurs in Southeastern Kentucky with necessary business skills...
- Summary of Federal Project Grant Award Kentucky Highlands Investment Corporation received a $461,020 Project Grant award from the Small Business Administration's (SBA) Office of Capital Access under the Microloan Program (CFDA 59.046), effective July 1, 2025, through June 30, 2026. As a certified Community Development Financial Institution (CDFI), Kentucky Highlands Investment Corporation will utilize this funding to serve as an intermediary lender providing microloans up to $50,000 to...
- Federal Grant Award Summary Kentucky Highlands Investment Corporation received a $199,999 Rural Business Development Grant (CFDA 10.351) from the U.S. Department of Agriculture's Rural Business Cooperative Services, awarded on September 26, 2025, with a completion date of September 26, 2027. As a certified Community Development Financial Institution (CDFI), the organization will utilize these funds to promote sustainable economic development and support small and emerging private businesses in...
- The Department of Agriculture's Rural Business Cooperative Services awarded a $100,000 Project Grant under the Rural Microentrepreneur Assistance Program (CFDA 10.870) to the Mountain Association For Community Econo, doing business as Mountain Association, a non-profit organization based in Berea, Kentucky. The grant provides financial and technical assistance to support the development of rural microenterprises in Appalachian Kentucky. Key services funded through this 2-year award include...
- 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...
- Federal Project Grant Award Summary The Small Business Administration (SBA) Office of Capital Access awarded a Project Grant of $143,640 to Mountain Association for Community Economic Development on July 1, 2025, under the Microloan Program (CFDA 59.046). This award supports Mountain Association's operations as an intermediary lender serving the Appalachian region of Kentucky through June 30, 2026. The funding enables the organization to provide short-term, fixed interest rate microloans up to...
- 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...
- Federal Project Grant Award Summary Southeast Kentucky Economic Development Corporation received $243,372 in federal funding from the Small Business Administration's (SBA) Office of Capital Access under the Microloan Program (CFDA 59.046) for the period July 1, 2025, through June 30, 2026. As an intermediary lender and Community Development Financial Institution (CDFI), the organization will utilize these funds to provide microloans up to $50,000 to startup, newly established, and growing...
- 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...
Federal Project Grant Award Summary Kentucky Highlands Investment Corporation received a $280,491 Project Grant from the U.S. Department of Agriculture's Rural Business Cooperative Services under the Rural Microentrepreneur Assistance Program (CFDA 10.870), awarded September 24, 2025, with a completion date of September 24, 2027. This grant supports the establishment and operation of a microloan revolving fund and related technical assistance services to rural microenterprises in Kentucky, consistent with the program's core objective of providing financial and technical support to small businesses with 10 or fewer employees in underserved rural communities. The funded initiative will deliver microloans of $50,000 or less to rural microentrepreneurs for startup and business growth, along with comprehensive business training, technical assistance, market development support, and operational guidance. Kentucky Highlands Investment Corporation, a certified Community Development Financial Institution (CDFI), will leverage its subsidiary, Kentucky Highlands Community Development Corporation, to implement these services in Southeastern Kentucky, targeting women, minority, and low-income entrepreneurs with wraparound support services designed to foster economic development and business self-sufficiency in economically distressed rural areas.
Mod # | Description | ReasonForModification | Federal Obligation | Date |
|---|---|---|---|---|
| Not listed | $280.5k | 9/24/25 |