Project Grant SBAHQ23PR0023

Award Date 9/30/23
Completion Date 9/29/24
Dollars Obligated $250K
Funding Federal Agency
Office of Capital Access
Federal Grant Program
59.050
Assistance Type
Project Grant
Place of Performance
Duluth, MN, USA
Similar Awards
The Northeast Entrepreneur Fund, Inc. (doing business as Entrepreneur Fund) received a $300,000 Project Grant award from the U.S. Small Business Administration (SBA) under the Program for Investment in Microentrepreneurs (PRIME) (CFDA 59.050). The grant funding will be used to provide training, technical assistance, and capacity building services to support microentrepreneurs and enhance the management capabilities of small business owners, particularly those from disadvantaged communities...
The U.S. Small Business Administration (SBA) awarded a $200,000 Project Grant under the Program for Investment in Microenterprises (PRIME) (CFDA 59.050) to the Metropolitan Consortium of Community Developers in Minneapolis, MN. The grant will fund the delivery of technical assistance to disadvantaged entrepreneurs, including training, business coaching, financial literacy education, and other microenterprise development services, over a one-year period from Sep 30, 2023 to Sep 29, 2024. This...
The Small Business Administration (SBA) awarded a $5,717,132 Project Grant to Northeast Entrepreneur Fund, Inc. DBA Entrepreneur Fund under the Microloan Program (CFDA #59.046) for the period of July 1, 2022 to June 30, 2023. The Microloan Program aims to assist women, low-income, and minority entrepreneurs as well as small businesses in underserved areas lacking access to credit. Through this award, Entrepreneur Fund will provide technical assistance and capital access services to support...
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...
The Small Business Administration Office of Capital Access awarded a $200,000 Project Grant to Northeast Entrepreneur Fund, Inc. for the Prime Technical Assistance federal grant program. The grant will support Northeast Entrepreneur Fund's delivery of technical assistance and capacity building services to microenterprises and microentrepreneurs from September 30, 2022 to September 29, 2023. Specifically, the organization will work to increase the number of microenterprises and enhance the...
The Northeast Entrepreneur Fund, Inc. (doing business as Entrepreneur Fund) received a $1,591,065 Formula Grant award from the U.S. Small Business Administration's (SBA) Microloan Program (CFDA 59.046) to provide microloans up to $50,000 and accompanying technical assistance to support small businesses, particularly those owned by women, minorities, and low-income individuals in underserved communities in northern Minnesota and northwest Wisconsin. As a certified Community Development...
The Small Business Administration (SBA) awarded Advocap Inc., a non-profit organization in Fond du Lac, Wisconsin, a $224,000 Project Grant under the Program for Investment in Microentrepreneurs (PRIME) (CFDA 59.050) to increase the number of microenterprises and enhance the management capabilities of microentrepreneurs. The funding will be used to provide training, technical assistance, and capacity building services to disadvantaged entrepreneurs and microenterprise development...
The U.S. Small Business Administration (SBA) awarded a $217,000 Project Grant under the Program for Investment in Microentrepreneurs (PRIME) CFDA 59.050 to Seattle Economic Development Fund, also known as Business Impact NW, to provide technical assistance to disadvantaged entrepreneurs. This one-year grant, running from September 30, 2023 to September 29, 2024, will enable Seattle Economic Development Fund, a non-profit Community Development Corporation, to deliver training, coaching,...
The Initiative Foundation, a nonprofit organization based in Little Falls, Minnesota, was awarded a $300,000 Project Grant from the U.S. Small Business Administration's (SBA) Office of Capital Access under the Program for Investment in Microentrepreneurs (PRIME) (CFDA 59.050). The grant, effective from September 30, 2024 to September 29, 2025, will fund the foundation's efforts to increase the number of microenterprises and enhance the management capabilities of microentrepreneurs in the...
The Small Business Administration (SBA) awarded a $250,000 Project Grant under the Program for Investment in Microentrepreneurs (PRIME) Program (CFDA #59.050) to the Flagship Enterprise Center, a non-profit organization, to provide technical assistance to disadvantaged entrepreneurs. The funding will support Flagship Enterprise Center in delivering training workshops, business coaching, financial literacy education, microenterprise lending, and other comprehensive services to enhance the...

The Small Business Administration (SBA) has awarded a $250,000 FY 2023 Project Grant under the Program for Investment in Microentrepreneurs (PRIME) program (CFDA 59.050) to Northeast Entrepreneur Fund, Inc. (dba Entrepreneur Fund), a non-profit organization based in Duluth, Minnesota. The grant supports the delivery of technical assistance services to disadvantaged entrepreneurs over a one-year period from September 30, 2023 to September 29, 2024.

Through this PRIME grant, Entrepreneur Fund will provide training, financial literacy education, business planning assistance, microloans, and other services to help increase the number of microenterprises and enhance the management capabilities of microentrepreneurs, particularly in underserved communities across 17 counties in northern Minnesota and northwest Wisconsin. The organization has an extensive history of administering over $20 million in prime federal grant awards since 2007 to support entrepreneurship and small business development in its region.

Generated 7/2/24, 8:34 AM