Cornerstone west CDC FY24 congressional community project funding

Active Project Grant Awarded Last action

Award ID
SBAHQ24I0103
Recipient
Awarding agency
Obligated
$1,050,000

Award facts

Assistance listing
59.059 Congressional Grants
Completion date 72% complete
Place of performance
Wilmington, DE, USA

Award details come from USAspending.gov.

About this award

Written by GovTribe AI ·

The U.S. Small Business Administration (SBA) awarded a $1,050,000 Project Grant to the Cornerstone West Community Development Corporation (CDC) under the Congressional Grants program (CFDA 59.059) to support small business development and entrepreneurship initiatives in Wilmington, Delaware. This 3-year grant, running from September 1, 2024 to August 31, 2027, will enable the Cornerstone West CDC to provide business counseling, technical assistance, workforce training, and other economic development services to foster growth among small businesses and entrepreneurs in the local community, with a focus on supporting underserved populations such as minority-owned, women-owned, and veteran-owned enterprises. The Congressional Grants program administered by the SBA's Office of the Chief Operating Officer is designed to address economic disparities and promote inclusive entrepreneurship across the United States.

Quick answers

Who received award SBAHQ24I0103?

SBAHQ24I0103 was awarded to Cornerstone West Community Development Corporation by Office of the Chief Operating Officer (Small Business Administration) on September 1, 2024.

How much is award SBAHQ24I0103 worth?

$1,050,000 has been obligated on SBAHQ24I0103.

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