Local enterprise assistance fund INC. - MA - FY 23 prime technical assistance
Ended Project Grant Awarded Last action
- Award ID
- SBAHQ23PR0015
- Recipient
-
Local Enterprise Assistance Fund Inc. UEI DQNJK8U9E5N7
- Awarding agency
-
Office of the Chief Operating Officer
Small Business Administration
- Obligated
- $200,000
Award facts
- Assistance listing
- 59.050 Prime Technical Assistance
- Completion date
- Funding agency
- Office of Capital Access Small Business Administration
- Place of performance
- Boston, MA, USA
Award details come from USAspending.gov.
About this award
The U.S. Small Business Administration (SBA) awarded a $200,000 Project Grant under its Program for Investment in Microentrepreneurs (PRIME) to Local Enterprise Assistance Fund Inc. (Leaf), a non-profit organization, for FY 2023. The funding supports Leaf in providing training, technical assistance, and capacity building services to microenterprises and small businesses, particularly in underserved communities, to promote economic growth and community development. Leaf has been a long-standing recipient of SBA PRIME grants and other federal funding, totaling over $7M since 2006, to expand access to affordable capital, lending, grant making, and financial services in low-to-moderate income areas. The specific products and services to be delivered under this $200,000 award include workshops, business coaching, financial literacy education, microenterprise lending, and other support to assist disadvantaged entrepreneurs in starting, expanding, and growing their businesses.
Quick answers
Who received award SBAHQ23PR0015?
SBAHQ23PR0015 was awarded to Local Enterprise Assistance Fund Inc. by Office of the Chief Operating Officer (Small Business Administration) on September 30, 2023.
How much is award SBAHQ23PR0015 worth?
$200,000 has been obligated on SBAHQ23PR0015.
Which agency awarded SBAHQ23PR0015?
Office of the Chief Operating Officer (Small Business Administration) awarded SBAHQ23PR0015, with funding from Office of Capital Access (Small Business Administration).
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