FY 23 prime technical assistance
Ended Project Grant Awarded Last action
- Award ID
- SBAHQ23PR0024
- Recipient
-
Nybdc Local Development Corp UEI L2U5DBNNJTX1
- Awarding agency
-
Office of the Chief Operating Officer
Small Business Administration
- 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
- Albany, NY, USA
Award details come from USAspending.gov.
About this award
The Small Business Administration (SBA) awarded a $250,000 PRIME Technical Assistance Program (CFDA 59.050) grant to Nybdc Local Development Corp (also known as Pursuit) on September 30, 2023. Pursuit is a community development financial institution (CDFI) that provides small business loans, training, and resources to underserved communities. This one-year project grant will enable Pursuit to deliver training, technical assistance, and capacity building services to increase the number of microenterprises and enhance the management capabilities of microentrepreneurs. As a sub-recipient, Pursuit partners with prime grantees like Syracuse University's Institute for Veterans and Military Families to provide entrepreneurship programs for veterans. The funding supports Pursuit's provision of financial literacy education, business operations guidance, disaster preparedness, management capability enhancement, capital access facilitation, and COVID-19 economic recovery efforts for disadvantaged entrepreneurs and microenterprises.
Quick answers
Who received award SBAHQ23PR0024?
SBAHQ23PR0024 was awarded to Nybdc Local Development Corp by Office of the Chief Operating Officer (Small Business Administration) on September 30, 2023.
How much is award SBAHQ23PR0024 worth?
$250,000 has been obligated on SBAHQ23PR0024.
Which agency awarded SBAHQ23PR0024?
Office of the Chief Operating Officer (Small Business Administration) awarded SBAHQ23PR0024, with funding from Office of Capital Access (Small Business Administration).
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