The Small Business Administration (SBA) Office of Capital Access awarded a $705,800 Project Grant to the Small Business Assistance Corporation to provide training and technical assistance to current and prospective borrowers of the SBA Microloan Program from July 1, 2022 to June 30, 2023. The SBA Microloan Program, listed under the Catalog of Federal Domestic Assistance as CFDA #59.046, aims to assist entrepreneurs, business owners, and individuals who own small businesses or are attempting to...
This Project Grant from the Small Business Administration Office of Capital Access provides $103,905 to True Access Capital Corp of Wilmington, DE for training and technical assistance to Small Business Administration Microloan borrowers and prospective borrowers. The grant period runs from July 1, 2022 to June 30, 2023. The grant supports the SBA's Microloan Program (CFDA #59.046), which aims to assist women, low-income, and minority entrepreneurs, business owners, and other individuals in...
The Small Business Administration (SBA) Microloan Program awarded a $544,747 formula grant to the Center For Rural Affairs Community Capital, a non-profit organization and community development corporation. This grant, effective from July 1, 2023 to June 30, 2024, will enable the organization to provide microloans, business training, counseling, and technical assistance to start-up, newly established, and growing small businesses, with a focus on women, low-income, and minority entrepreneurs and...
The Small Business Administration (SBA) Office of Capital Access awarded a $203,230 Project Grant to First American Capital Corporation, Inc. to provide training and technical assistance to current and prospective borrowers of the SBA Microloan Program. The grant period runs from July 1, 2022 to June 30, 2023. The SBA Microloan Program (CFDA #59.046) aims to assist entrepreneurs and small business owners in underserved areas by providing access to small, short-term loans and business support...
The Small Business Administration awarded $191,164.33 under the Microloan Program (CFDA #59.046) to Southeast Community Capital Corporation for the period of July 1, 2021 through June 7, 2022. The Microloan Program provides direct loans and grants to eligible non-profit microlenders to offer micro-level loans and business training/technical assistance to start-ups, new, and growing small businesses. As the sub-awardee, Southeast Community Capital will utilize the funding to provide microloans...
The Small Business Administration (SBA) has awarded a $152,624 Microloan Program (CFDA 59.046) project grant to Maryland Capital Enterprises, Inc., a non-profit community development corporation. This funding will enable Maryland Capital Enterprises to provide microloans up to $50,000 and accompanying technical assistance to support small businesses, particularly those owned by women, minorities, and low-income entrepreneurs in underserved communities in Maryland. The organization specializes in...
The Small Business Administration (SBA) awarded a $178,069 Project Grant to the Washington Area Community Investment Fund, Inc. (WACIF) under the Microloan Program (CFDA 59.046). The grant will support WACIF's provision of technical assistance services to women, low-income, minority and other entrepreneurs in Washington, DC from July 1, 2022 to June 30, 2023. The Microloan Program aims to assist small businesses and entrepreneurs in underserved areas that lack access to credit by providing...
This federal Project Grant award from the Small Business Administration (SBA) under the Microloan Program (CFDA 59.046) provides $254,931.00 to Communityworks, a certified Community Development Financial Institution (CDFI), to assist women, minority, and low-income entrepreneurs and small businesses. The funding will enable Communityworks to offer microloans up to $50,000 for working capital, inventory, supplies, equipment, and other business needs, as well as provide marketing, management,...
The federal Project Grant award SBAHQ24Y0087, provided by the U.S. Small Business Administration's (SBA) Microloan Program (CFDA 59.046), will be used to assist women, low-income, and minority entrepreneurs, business owners, and other individuals with the capability to operate successful business concerns. The $709,225 grant, awarded on July 1, 2024, will be provided to the non-profit organization Ecdc Enterprise Development Group to deliver microloans up to $50,000 and technical assistance to...
The Small Business Administration Office of Capital Access awarded a $887,852 project grant to Northern Great Lakes Initiatives through the Microloan Program (CFDA 59.046). The grant will fund technical assistance services for microloan borrowers from July 1, 2022 to June 30, 2023. As outlined in the program description, the Microloan Program aims to support entrepreneurs, small business owners, and individuals in underserved areas by providing access to credit and capacity building...