Project Grant SBAHQ22Y0031

Award Date 7/1/22
Completion Date 6/30/23
Dollars Obligated $450K
Funding Federal Agency
Office of Capital Access
Federal Grant Program
59.046
Assistance Type
Project Grant
Place of Performance
Springfield, MA, USA
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Common Capital, Inc. was awarded a $450,000 Project Grant 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 Microloan Program aims to assist women, low-income, and minority entrepreneurs as well as small business owners and individuals in underserved areas by providing access to credit and related services. Common Capital will utilize the funding to deliver microloans and technical assistance to small businesses and entrepreneurs in Springfield, Massachusetts that otherwise lack access to capital, in support of the Program's goal of fostering entrepreneurship and small business growth in disadvantaged communities. Way Finders, Inc. is the disclosed parent organization of Common Capital.

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