The Small Business Administration awarded a $1,000,000 project grant to the Neighborhood Development Center Inc. from FY22 through FY27 under the Congressional Grants program (CFDA 59.059). The funding will support the organization's small business development and entrepreneurship initiatives in St. Paul, MN. As indicated in the program description, the grant monies may be used to deliver technical assistance services to new and existing small businesses through programmatic activities or...
The Neighborhood Development Center Inc. was awarded a $1,000,000 project grant from the Small Business Administration Office of the Chief Operating Officer under the Congressional Grants program (CFDA 59.059). The grant will support the organization's provision of small business development and entrepreneurship initiatives in St. Paul, Minnesota from August 1, 2022 through July 31, 2027. As described by the program, funding will enable Neighborhood Development Center Inc. to carry out...
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 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 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 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 Small Business Administration, through its Congressional Grants program (CFDA 59.059), awarded a $1,000,000 project grant to the Northside Economic Opportunity Network (Neon) of Minneapolis, Minnesota. The grant will support Neon's small business development and entrepreneurship initiatives in the community from September 1, 2022 through December 31, 2024. Specifically, the funding will enable Neon to provide programmatic and construction activities to foster small business growth and new...
<p>The Small Business Administration (SBA) Office of the Chief Operating Officer awarded Ramsey County, a U.S. local government entity, a $1,500,000 Congressional Community Project Funding grant. This 2-year project grant, which commenced on September 1, 2023, will support small business development and entrepreneurship initiatives, including programmatic and construction activities, in St. Paul, MN. The grant was awarded under the SBA's Congressional Grants program (CFDA 59.059).</p>
The State of Minnesota received a $7,990,110.91 cooperative agreement award from the Small Business Administration (SBA) Office of Entrepreneurial Development under the Small Business Development Centers (SBDC) federal grant program (CFDA #59.037) for the period of January 1, 2022 through December 31, 2023. The SBDC program aims to provide management counseling, training, and technical assistance to small businesses through SBDCs. Specifically, under this award the Minnesota SBDC will deliver...