Project Grant SBAHQ22PR0015

Award Date 9/30/22
Completion Date 9/29/23
Dollars Obligated $200K
Funding Federal Agency
Office of Capital Access
Federal Grant Program
59.050
Assistance Type
Project Grant
Place of Performance
Detroit, MI, USA
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The Small Business Administration Office of Capital Access awarded Prosperus Detroit Micro Lending $200,000 under the Prime Technical Assistance federal grant program (CFDA 59.050) for the period of September 30, 2022 through September 29, 2023.

The grant funds will support Prosperus Detroit Micro Lending's delivery of training and capacity building services to microentrepreneurs in Detroit, Michigan. Specifically, the services aim to increase the number of microenterprises and enhance the management capabilities of business owners in starting, expanding, or growing small businesses. The Prime Technical Assistance program focuses on providing technical support to microenterprises, consistent with the services Prosperus Detroit Micro Lending will deliver through this award.

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