FY24 congressional community project funding - hispanic federation INC

The U.S. Small Business Administration (SBA) awarded a $1,000,000 Congressional Grant (CFDA 59.059) to Hispanic Federation Inc., a non-profit organization, to support small business development and entrepreneurship initiatives. The funding will be used to provide a range of programmatic activities, including business counseling, technical assistance, workforce training, and economic development services. These efforts are focused on empowering and advancing the Hispanic community, particularly underserved entrepreneurs and small businesses. The grant award has a performance period from December 1, 2024 to November 30, 2026.

The Congressional Grants program administered by the SBA's Office of the Chief Operating Officer is designed to foster small business growth and address economic disparities by targeting resources to underserved communities. This award to Hispanic Federation Inc. aligns with the program's objectives and the organization's demonstrated expertise in delivering specialized outreach, education, and capacity-building initiatives to support Hispanic and Latino populations across sectors such as healthcare, energy, and disaster resilience.