Women's economic self-sufficiency team corp DBA wesst FY 24 congressional community project funding

The U.S. Small Business Administration (SBA), through its Congressional Grants program (CFDA 59.059), awarded a $139,000 Project Grant to the Women's Economic Self-Sufficiency Team, Corp. (Wesst) on July 1, 2024. This 2-year grant, with a completion date of June 30, 2026, will enable Wesst, a non-profit organization based in Albuquerque, New Mexico, to provide comprehensive entrepreneurial development services to support women entrepreneurs, particularly those who are socially and economically disadvantaged. The grant funding will allow Wesst to deliver a range of services, including business training, financial literacy education, technical assistance, business counseling, and access to capital through microloans under $50,000. Wesst has consistently received federal grant awards from the SBA, leveraging programs such as the Women's Business Ownership Assistance, Microloan, and PRIME initiatives to fulfill its mission of removing discriminatory barriers and promoting economic self-sufficiency among women and minority entrepreneurs through comprehensive business support services.