FY 23 prime technical assistance
Ended Project Grant Awarded Last action
- Award ID
- SBAHQ23PR0029
- Recipient
-
Washington Area Community Investment Fund, Inc. UEI S6MSQBRZ3KT8
- 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
- Washington, DC, USA
Award details come from USAspending.gov.
About this award
The U.S. Small Business Administration (SBA) awarded a $250,000 FY 2023 Project Grant under the Program for Investment in Microentrepreneurs (PRIME) to the Washington Area Community Investment Fund, Inc. (WACIF), a non-profit community development corporation. The grant supports WACIF's delivery of technical assistance services to disadvantaged microentrepreneurs in the Washington, D.C. area to increase the number of microenterprises and enhance the management capabilities of these small businesses. Specifically, WACIF will provide training, counseling, lending, investment, and other capacity building services to promote economic development and growth for underserved entrepreneurs, minorities, women, microenterprises, and small businesses in low-income communities impacted by the pandemic. As a Community Development Financial Institution (CDFI) and SBA lender and technical assistance provider, WACIF will leverage its funding and partnerships to increase access to capital, contracts, networking opportunities, and business management education for underinvested communities across the D.C. region.
Quick answers
Who received award SBAHQ23PR0029?
SBAHQ23PR0029 was awarded to Washington Area Community Investment Fund, Inc. by Office of the Chief Operating Officer (Small Business Administration) on September 30, 2023.
How much is award SBAHQ23PR0029 worth?
$250,000 has been obligated on SBAHQ23PR0029.
Which agency awarded SBAHQ23PR0029?
Office of the Chief Operating Officer (Small Business Administration) awarded SBAHQ23PR0029, with funding from Office of Capital Access (Small Business Administration).
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