Project Grant SBAHQ22Y0106

Award Date 7/1/22
Completion Date 6/30/23
Dollars Obligated $172K
Funding Federal Agency
Office of Capital Access
Federal Grant Program
59.046
Assistance Type
Project Grant
Place of Performance
Minneapolis, MN, USA
Similar Awards
The Small Business Administration (SBA) Microloan Program awarded a $128,641 Formula Grant to the African Development Center, a nonprofit organization that serves underserved entrepreneurs and small businesses in Minnesota, particularly African immigrant and refugee communities. This funding supports the African Development Center's provision of microloans, business training, and technical assistance to start-up, newly established, and growing small business concerns. Specifically, the grant...
The Neighborhood Development Center Inc. was awarded a $713,002 Project Grant from the Small Business Administration Office of Capital Access under the Microloan Program (CFDA 59.046) to provide pre-loan and post-loan technical assistance to support small businesses from July 1, 2022 to June 30, 2023. The Microloan Program aims to assist entrepreneurs and small business owners in underserved areas by providing credit and support services. Under this award, Neighborhood Development Center will...
The Small Business Administration (SBA) awarded a $264,645 Microloan Program Formula Grant to Neighborhood Development Center Inc. to provide microloans and business training/technical assistance services from July 1, 2021 through June 30, 2022. The Microloan Program (CFDA #59.046) aims to assist entrepreneurs, business owners, and individuals in underserved areas by providing small, direct loans and supporting services to start-up, newly established, and growing small businesses. As a...
The U.S. Small Business Administration (SBA) awarded a $227,047 Formula Grant under the Microloan Program (CFDA 59.046) to Neighborhood Development Center Inc., a non-profit community development corporation based in St. Paul, Minnesota. The grant provides funding for the organization to offer microloans up to $50,000 and comprehensive technical assistance to small businesses, particularly those owned by women, minorities, and low-income individuals in underserved communities. The grant has a...
The Northwest Minnesota Foundation received a $126,700 project grant award from the Small Business Administration Office of Capital Access under the Microloan Program (CFDA 59.046) to provide training and technical assistance to Small Business Administration microloan borrowers and prospective borrowers in Bemidji, Minnesota from July 1, 2022 to June 30, 2023. The Microloan Program aims to assist entrepreneurs, business owners, and individuals in underserved areas by expanding access to small,...
The Small Business Administration (SBA) awarded a $236,232 Microloan Program (CFDA #59.046) formula grant to Neighborhood Development Center Inc., a non-profit community development corporation located in St. Paul, Minnesota. This grant enables Neighborhood Development Center Inc. to provide direct microloans of under $50,000 to start-up and growing small businesses, as well as pre-loan and post-loan training and technical assistance for business planning and operations. This federal grant...
The Small Business Administration Office of Capital Access awarded a $290,787 Microloan Program Technical Assistance Grant to the Northern Me Dev Commission for the period of July 1, 2022 to June 30, 2023. Under the Microloan Program (CFDA #59.046), the Northern Me Dev Commission will provide technical assistance services to women, low-income, minority and other entrepreneurs and small business owners in Caribou, Maine. The Microloan Program aims to expand access to credit for these...
The Small Business Administration (SBA) Office of Capital Access awarded a $705,800 Project Grant to the Small Business Assistance Corporation to provide training and technical assistance to current and prospective borrowers of the SBA Microloan Program from July 1, 2022 to June 30, 2023. The SBA Microloan Program, listed under the Catalog of Federal Domestic Assistance as CFDA #59.046, aims to assist entrepreneurs, business owners, and individuals who own small businesses or are attempting to...
The Small Business Administration (SBA) Microloan Program awarded a $544,747 formula grant to the Center For Rural Affairs Community Capital, a non-profit organization and community development corporation. This grant, effective from July 1, 2023 to June 30, 2024, will enable the organization to provide microloans, business training, counseling, and technical assistance to start-up, newly established, and growing small businesses, with a focus on women, low-income, and minority entrepreneurs and...
The Small Business Administration (SBA) awarded a $598,791 Project Grant under the Microloan Program (CFDA 59.046) to Accompany Capital Inc., doing business as Business Center For New Americans, a non-profit Community Development Corporation. The grant will fund the organization's provision of microloans up to $50,000 and accompanying technical assistance to start-up, newly established, and growing small business concerns, particularly those owned by women, minorities, and low-income individuals...

The African Development Center will receive $171,500 through June 30, 2023 from the Small Business Administration Office of Capital Access under the Microloan Program (CFDA #59.046) to provide technical assistance services. Specifically, the funding will support expenses including loan officer preparations and delivery of pre-loan and post-loan technical assistance, personnel, training, and supplies. The Microloan Program aims to assist underserved entrepreneurs and business owners through access to small, short-term loans and training/technical assistance for areas lacking credit availability. The African Development Center will leverage this funding to deliver technical assistance supporting entrepreneurship in Minneapolis, Minnesota through the award period.

Generated 1/7/24, 1:25 AM