The Small Business Administration Office of Capital Access awarded a $200,000 Project Grant to the Initiative Foundation through the Prime Technical Assistance federal grant program (CFDA 59.050). The grant will support the Foundation's delivery of technical assistance and capacity building services from September 2022 through September 2023 to enhance the management capabilities of microentrepreneurs in Little Falls, Minnesota as they start, expand, or grow their businesses. Specifically, the...
The U.S. Small Business Administration (SBA) awarded the Initiative Foundation, a non-profit organization based in Little Falls, Minnesota, a $250,000 PRIME (Program for Investment in Microentrepreneurs) Technical Assistance Grant. This grant, awarded on September 30, 2023, will fund the delivery of training, technical assistance, and capacity building services to disadvantaged entrepreneurs and microenterprises in Minnesota over a one-year project period ending September 29, 2024. The...
The Small Business Administration's (SBA) Office of Capital Access awarded a $300,000 PRIME (CFDA 59.050) grant to the Initiative Foundation, a non-profit organization based in Little Falls, Minnesota. The grant will fund the Initiative Foundation's efforts to provide training, technical assistance, and capacity-building services to microentrepreneurs and disadvantaged small business owners in the region. This federal Project Grant, with a period of performance from September 30, 2024 to...
The Small Business Administration Office of Capital Access awarded $200,000 to Northern Great Lakes Initiatives through its Prime Technical Assistance federal grant program (CFDA 59.050) for the period of September 30, 2022 to September 29, 2023. The grant funds will support Northern Great Lakes Initiatives in providing training and capacity building services to enhance the management capabilities of microentrepreneurs in the Northern Great Lakes region. Specifically, the organization will...
The Southwest Initiative Foundation received a $469,540 Project Grant award from the Small Business Administration (SBA) Office of Capital Access. The grant funds training and technical assistance services for current and prospective borrowers of the SBA Microloan Program between July 1, 2022 and June 30, 2023. The SBA Microloan Program (CFDA #59.046) aims to assist entrepreneurs and small business owners in underserved areas by providing access to small, short-term loans and business support...
The Economic & 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 delivery of technical assistance and capacity building services to microenterprises and microentrepreneurs from September 30, 2022 to September 29, 2023. Specifically, the funding will be used to provide training to increase the number of...
The U.S. Small Business Administration (SBA) awarded a $200,000 Project Grant under the Program for Investment in Microenterprises (PRIME), CFDA 59.050, to the Center For Rural Affairs Community Capital, a non-profit organization and community development corporation. The grant will support the delivery of training, technical assistance, and capacity building services to enhance the management capabilities of microentrepreneurs and increase the number of microenterprises, particularly in...
The Small Business Administration (SBA) has awarded a $211,004 Microloan Program (CFDA 59.046) Formula Grant to the Southwest Initiative Foundation, a non-profit organization based in Hutchinson, Minnesota. This grant, effective from July 1, 2023 to June 30, 2024, enables the Southwest Initiative Foundation to provide direct micro-loans and business training/technical assistance to start-up, newly established, and growing small businesses in its service area. The Microloan Program is designed to...
The U.S. Small Business Administration (SBA) awarded a $200,000 Project Grant under the Program for Investment in Microenterprises (PRIME) (CFDA 59.050) to the Metropolitan Consortium of Community Developers in Minneapolis, MN. The grant will fund the delivery of technical assistance to disadvantaged entrepreneurs, including training, business coaching, financial literacy education, and other microenterprise development services, over a one-year period from Sep 30, 2023 to Sep 29, 2024. This...
The Small Business Administration (SBA) awarded a $206,883 Project Grant under the Microloan Program (CFDA 59.046) to the Southwest Initiative Foundation, a non-profit organization based in Hutchinson, Minnesota. This grant, with a performance period from July 1, 2024 to June 30, 2025, will enable the Southwest Initiative Foundation to provide microloans up to $50,000 and technical assistance to small businesses, particularly those owned by women, minorities, and low-income individuals in...