The U.S. Small Business Administration (SBA) awarded a $108,545 Project Grant under the Microloan Program (CFDA 59.046) to the Latino Economic Development Corporation of Washington, D.C. (LEDC) on July 1, 2024. The award will fund LEDC's provision of microloans up to $50,000 and accompanying technical assistance to small businesses, particularly those owned by women, minorities, and low-income individuals in underserved communities. As a certified Community Development Financial Institution...
The Latino Economic Development Center (LEDC) was awarded a $1,000,000 Project Grant from the Small Business Administration (SBA) Office of the Chief Operating Officer under the Congressional Grants program (CFDA 59.059). The grant will support LEDC's initiatives from June 1, 2023 through March 31, 2024 to provide small business development and entrepreneurship services in St. Paul, Minnesota. As described in the program details, the Congressional Grants funding can be used to support various...
This federal Project Grant award for $800,000 was provided by the Department of Health and Human Services (HHS) Administration for Children and Families under the Community Services Block Grant (CFDA 93.570) Discretionary Awards program. The grant will support the Latino Economic Development Corporation of Washington, D.C. (LEDC), doing business as the Latino Economic Development Center, in delivering technical assistance and other capacity-building services to small businesses and startups in...
The Small Business Administration awarded Latino Economic Development Corporation of Washington DC $233,188 through the Microloan Program (CFDA 59.046) from July 1, 2023 to June 30, 2024. As a subrecipient, Latino Economic Development Center will provide microloans, business training, and technical assistance to start-ups and small businesses. The Center will deliver these services to disadvantaged entrepreneurs in accordance with the Microloan Program's goal of expanding access to credit for...
The Latino Economic Development Corporation of Washington DC (LEDC) was awarded a $1,826,265 Project Grant from the U.S. Department of the Treasury's Community Development Financial Institutions Fund (CDFI) under the Community Development Financial Institutions Rapid Response Program (CDFI RRP, CFDA #21.024). The two-year award running from June 2021 through September 2023 will support LEDC's ability to respond to the economic impacts of the COVID-19 pandemic in its service area. As a...
The U.S. Department of Health and Human Services, Administration for Children and Families awarded a $2,400,000 Community Services Block Grant Discretionary Award (CFDA 93.570) to the Latino Economic Development Corporation of Washington, D.C. (LEDC) on September 30, 2024. The 3-year grant will fund the "Fund for Restaurant Employment in the DC Metro Area (FRED)" project, which aims to create economic opportunities for low-income individuals and underserved communities in the...
The $625,000 Project Grant awarded by the U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program (CFDA 21.020) supports the Latino Economic Development Center (LEDC), a nonprofit community development corporation, in delivering financial services, technical assistance, and economic development programs to underserved communities, with a focus on Latino and minority-owned small businesses, entrepreneurs, and farmers. Through this award, LEDC will leverage...
The Latino Economic Development Corporation of Washington DC (LEDC) will provide $1.6 million in specialized resilience and recovery technical assistance services to support business resurgence post-COVID through September 2025. Funded by the Department of Health and Human Services Administration for Children and Families under the Community Services Block Grant Discretionary Awards (CSBG DA) program, LEDC aims to help businesses impacted by the pandemic build capacity to withstand future...
The U.S. Small Business Administration (SBA) awarded a $550,000 Congressional Grants Program (CFDA 59.059) Project Grant to the Latino Economic Development Corp Inc. in Springfield, MA. The grant, awarded on September 1, 2024, will support small business development and entrepreneurship initiatives in the local community through the end of the performance period on March 31, 2026. The funded activities are expected to include business counseling, technical assistance, workforce training,...
The Latino Economic Development Center (LEDC) was awarded a $1.18 million project grant from the Department of the Treasury's Community Development Financial Institutions Rapid Response Program (CDFI RRP, CFDA 21.024) to support, prepare for, and respond to the economic impact of the coronavirus. The grant, awarded June 15, 2021 with a completion date of December 31, 2023, will allow LEDC to deliver financial and technical assistance services to communities and businesses harmed by the...