Project Grant SBAHQ24I0024

Award Date 7/1/24
Completion Date 6/30/25
Dollars Obligated $675K
Federal Grant Program
59.059
Assistance Type
Project Grant
Place of Performance
Chicago, IL, USA
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This federal Project Grant award of $675,000 was provided by the U.S. Small Business Administration's Office of the Chief Operating Officer under the Congressional Grants program (CFDA 59.059). The funding supports the activities of Mhub, doing business as Catalyze, a non-profit organization in Chicago that provides small business development and entrepreneurship initiatives.

Through this grant, Mhub will deliver a range of strategic development projects to advance regional business, infrastructure, and job creation priorities in the Chicago area. Key initiatives include manufacturing accelerator programs, facilities and technologies to test clean energy applications, workforce training to expand minority participation in tech sectors, and planning assistance for pandemic economic recovery efforts. Past federal grants have enabled Mhub to utilize over $7 million in funding to support entrepreneurial growth and innovative business development in the local community.

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