Office of women's business ownership

The U.S. Small Business Administration (SBA) awarded a $150,000 Project Grant to Pacific Asian Consortium In Employment (PACE), a minority-owned non-profit community development corporation based in Los Angeles, under the Women's Business Ownership Assistance Program (CFDA 59.043). This grant will fund PACE to provide training, counseling, and technical assistance to small businesses owned and controlled by women, with an emphasis on socially and economically disadvantaged individuals, in order to remove discriminatory barriers they face in accessing capital, markets, management, and other critical resources for business growth. PACE serves over 50,000 low-income individuals annually through its workforce development, business consulting, lending, and social service programs, and has received substantial funding from agencies like the SBA, Minority Business Development Agency, and Department of Health and Human Services to assist women-owned, minority-owned, and small businesses.