Project Grant ED17HDQ0200032

This $3,060,344 Project Grant from the Department of Commerce Economic Development Administration's BUILD TO SCALE program funds the Stitchcrew Vest Her Ventures project. The project establishes one of Oklahoma's first accelerators to connect traditionally overlooked entrepreneurs with capital, networks, and resources needed to build and scale companies. It provides executive coaching to over 100 members annually and uses its extended network as a talent bank and trusted pipeline. Stitchcrew and...

The Department of the Treasury's Community Development Financial Institutions Fund awarded Womenventure $1.8 million under the Community Development Financial Institutions Rapid Response Program (CDFI RRP, CFDA 21.024) on June 15, 2021. The two-year project grant aims to support Womenventure's ability to respond to the economic impacts of the coronavirus pandemic by preparing for and delivering services through June 30, 2023. As a Community Development Financial Institution, Womenventure will...

The Department of the Treasury's Community Development Financial Institutions Fund (CDFI Fund) awarded Women's Venture Fund Inc. $200,000 under the Community Development Financial Institutions Rapid Response Program (CDFI RRP, CFDA 21.024) from June 15, 2021 through December 31, 2023. The CDFI RRP aims to support Community Development Financial Institutions' ability to address the economic impacts of COVID-19 by preparing for and responding to related needs. Through this funding, Women's Venture...

The Department of the Treasury's Community Development Financial Institutions Fund awarded Locus Impact Fund $3.75 million under the Capital Magnet Fund program on February 22, 2021. The Capital Magnet Fund (CFDA 21.011) helps create and preserve affordable housing for low-income families and economically distressed communities by attracting private capital. Locus Impact Fund will use this funding to support financing that preserves and rehabilitates affordable housing, consistent with the...

True Access Capital Corp received a $1.5 million Project Grant award from the Department of the Treasury's Community Development Financial Institutions Fund on June 15, 2021. The funding supports the Community Development Financial Institutions Rapid Response Program (CDFI RRP), which provides capital to Community Development Financial Institutions to address economic impacts from the COVID-19 pandemic. Through this award, True Access Capital Corp will deliver financial and technical...

Impacto Fund Inc., a division of Hispanic Economic Development Corporation, was awarded a $200,000 Project Grant from the Department of the Treasury's Community Development Financial Institutions Fund. The grant was awarded under the Community Development Financial Institutions Rapid Response Program (CDFI RRP, CFDA 21.024) on June 15, 2021 to be completed by May 31, 2024. The CDFI RRP aims to support Community Development Financial Institutions' ability to address the economic impacts of the...

This federal Cooperative Agreement award of $150,000 was provided by the U.S. Small Business Administration (SBA) under the Women's Business Ownership Assistance program (CFDA 59.043). The awardee, Vermont-Slauson LDC Inc., is a non-profit community development corporation based in Los Angeles, California that focuses on community economic development, entrepreneurial support, and financial services for underserved populations, particularly women, minorities, and low-to-moderate income...

The Great Lakes Women's Business Council (GLWBC) was awarded $700,000 under the Community Development Financial Institutions Rapid Response Program (CDFI RRP, CFDA 21.024) administered by the Department of the Treasury's Community Development Financial Institutions Fund. The two-year project grant running from June 2021 through June 2023 will support GLWBC's ability to respond to the economic impacts of the coronavirus pandemic on its clients and community. As a Community Development Financial...

The Economic Development Administration awarded a $2.17 million Project Grant to Vilcap, Inc. to develop lasting investment infrastructure for technology startups led by founders of color in the Southeast region of the United States. Under the Resource Invests initiative funded through the agency's BUILD TO SCALE program (CFDA #11.024), Vilcap will work with the Black Innovation Alliance from November 2022 to April 2024 to launch infrastructure and a replicable model to improve...

Womenventure received a $174,269 project grant award from the Small Business Administration Office of Capital Access under the Microloan Program (CFDA 59.046) for the period of July 1, 2022 to June 30, 2023. The grant funding will support Womenventure's provision of technical assistance services to existing and prospective microloan borrowers in St. Paul, Minnesota. The Microloan Program aims to assist entrepreneurs, business owners, and individuals in underserved areas by expanding access to...