Project Grant SBAHQ24I0103

Award Date 9/1/24
Completion Date 8/31/27
Dollars Obligated $1.1M
Federal Grant Program
59.059
Assistance Type
Project Grant
Place of Performance
Wilmington, DE, USA

The U.S. Small Business Administration's Office of the Chief Operating Officer awarded a $1,050,000 Congressional Grant (CFDA 59.059) to the Cornerstone West Community Development Corporation in Wilmington, DE. The grant provides funding from Sep 1, 2024 through Aug 31, 2027 to support small business development and entrepreneurship initiatives in the community. Typical funded activities include business counseling, technical assistance, workforce training, education services, facility upgrades, and community economic development projects designed to foster small business growth and support underserved entrepreneurial communities. The grant aims to deliver comprehensive support to municipalities, non-profit organizations, higher education institutions, and community development groups to drive small business development, particularly for minority, women, and veteran-owned businesses, and entrepreneurs in underserved areas.

Generated 3/18/25, 3:10 AM