FY 23 congressional community project true capital access

Ended Project Grant Awarded Last action

Award ID
SBAHQ23I0042
Recipient
Awarding agency
Obligated
$181,000

Award facts

Assistance listing
59.059 Congressional Grants
Completion date
Place of performance
Wilmington, DE, USA

Award details come from USAspending.gov.

About this award

True Access Capital Corp received a $181,000 Project Grant award from the Small Business Administration under the Congressional Grants program (CFDA 59.059) to provide small business development and entrepreneurship initiatives from May 1, 2023 to April 30, 2024. As a Community Development Financial Institution, True Access Capital Corp will use this funding to deliver training, counseling, lending, and investment services to small businesses and entrepreneurs in Delaware and southeastern Pennsylvania, with a focus on women, minorities, rural areas, and communities impacted by COVID-19. This grant allows True Access Capital Corp to continue providing critical financing and technical assistance to underserved groups, in line with the Congressional Grants program's goals of supporting small business development activities.

Quick answers

Who received award SBAHQ23I0042?

SBAHQ23I0042 was awarded to True Access Capital Corp by Office of the Chief Operating Officer (Small Business Administration) on May 1, 2023.

How much is award SBAHQ23I0042 worth?

$181,000 has been obligated on SBAHQ23I0042.

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