Initiative foundation - MN - FY 23 prime technical assistance

Ended Project Grant Awarded Last action

Award ID
SBAHQ23PR0012
Recipient
Awarding agency
Obligated
$250,000

Award facts

Assistance listing
59.050 Prime Technical Assistance
Completion date
Funding agency
Office of Capital Access Small Business Administration
Place of performance
Little Falls, MN 56345, USA

Award details come from USAspending.gov.

About this award

The U.S. Small Business Administration (SBA) awarded the Initiative Foundation, a non-profit organization based in Little Falls, Minnesota, a $250,000 PRIME (Program for Investment in Microentrepreneurs) Technical Assistance Grant. This grant, awarded on September 30, 2023, will fund the delivery of training, technical assistance, and capacity building services to disadvantaged entrepreneurs and microenterprises in Minnesota over a one-year project period ending September 29, 2024. The Initiative Foundation will provide business management education, coaching, and access to capital financing to enable microenterprises and small businesses, particularly in underserved communities, to start, grow, and strengthen their operations.

Quick answers

Who received award SBAHQ23PR0012?

SBAHQ23PR0012 was awarded to Initiative Foundation by Office of the Chief Operating Officer (Small Business Administration) on September 30, 2023.

How much is award SBAHQ23PR0012 worth?

$250,000 has been obligated on SBAHQ23PR0012.

Which agency awarded SBAHQ23PR0012?

Office of the Chief Operating Officer (Small Business Administration) awarded SBAHQ23PR0012, with funding from Office of Capital Access (Small Business Administration).

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