Project Grant SBAHQ22Y0135

The South Eastern Economic Development Corporation received a $547,974 Formula Grant award from the Small Business Administration under the Microloan Program (CFDA #59.046) to provide microloans and business assistance services to small businesses from July 2021 to June 2022. As part of the Microloan Program, the Corporation will use the funding to offer direct loans of $50,000 or less to eligible small businesses and entrepreneurs in Taunton, Massachusetts. In addition, the Corporation will...

The Department of the Treasury's Community Development Financial Institutions Fund awarded a $395,000 Project Grant to Dorchester Bay Neighborhood Loan Fund, Inc. through the Community Development Financial Institutions Rapid Response Program (CDFI RRP, CFDA 21.024). The two-year award running from June 2021 through December 2023 will support Dorchester Bay's ability to provide financing and respond to the economic impacts of the coronavirus pandemic in its local community. The CDFI RRP aims...

The Small Business Administration (SBA) awarded Community Teamwork, Inc. a $131,602 Formula Grant under the Microloan Program (CFDA #59.046) to provide microloans and business assistance services from July 1, 2021 to June 30, 2022. As a microlender under the SBA Microloan Program, Community Teamwork will use the funding to offer micro-level loans of under $50,000 combined with business training and technical assistance to start-up, newly established, and growing small businesses in Lowell,...

The North Central Massachusetts Development Corporation (NCMDC) received a $609,566 project grant award from the Small Business Administration (SBA) Office of Capital Access under the Microloan Program (CFDA 59.046). The grant will support NCMDC's provision of technical assistance services to women, low-income, minority, and other entrepreneurs in Fitchburg, Massachusetts from July 1, 2022 to June 30, 2023. The Microloan Program aims to assist small businesses and individuals in underserved...

The Center for Women & Enterprise, Inc. was awarded a $300,000 Project Grant from the Small Business Administration Office of Entrepreneurial Development under the Women's Business Ownership Assistance federal grant program (CFDA 59.043). The grant will fund the Center for Women & Enterprise to provide training and counseling services to small businesses owned and operated by women from September 30, 2022 through September 29, 2025 in Boston, Massachusetts. The Women's Business Ownership...

The Center For Women & Enterprise, Inc. was awarded a $200,000 cooperative agreement from the Small Business Administration Office of Entrepreneurial Development under the Women's Business Ownership Assistance federal grant program (CFDA 59.043) for the period of September 1, 2021 through August 31, 2022. The funding will support the Center For Women & Enterprise, Inc., located in Boston, MA, to provide training and counseling services to assist small businesses owned and controlled by...

The U.S. Small Business Administration (SBA) awarded a $375,704 Project Grant under the Microloan Program (CFDA 59.046) to the South Eastern Economic Development Corporation (SEED Corp), a non-profit community development corporation in Taunton, Massachusetts. The funding will enable SEED Corp, a Community Development Financial Institution (CDFI), to provide microloans up to $50,000 and accompanying technical assistance to small businesses, particularly those owned by women, minorities, and...

This Project Grant award from the Small Business Administration's Office of Entrepreneurial Development provides $995,020 to The Immigrant Assistance Center of Greater Brockton through November 30, 2023. The funding supports the Community Navigator Pilot Program (CFDA 59.077), which aims to increase participation in pandemic relief and recovery programs for small businesses through navigator services. Specifically, the grantee and its subrecipients will provide high-quality technical...

The Small Business Administration (SBA) awarded $163,747 to the New Bedford Economic Development Council, Inc. through the Microloan Program (CFDA #59.046) to provide microloans and business assistance to small businesses in New Bedford, Massachusetts from July 1, 2021 to June 30, 2022. As a microlender under the SBA Microloan Program, the Council will use the funding to issue micro-level loans of $50,000 or less to start-up, newly established, and growing small business concerns. In addition,...

The Small Business Administration (SBA) awarded a $107,338 Microloan Program (CFDA 59.046) Formula Grant to the New Bedford Economic Development Council, Inc., a nonprofit organization, to provide microloans, business training, and technical assistance to start-up, newly established, and growing small businesses in New Bedford, Massachusetts. As a microlender, the Council will utilize the SBA funding to issue microloans under $50,000 and deliver business-based training and support services, with...