FY24 congressional community project funding
Active Project Grant Awarded Last action
- Award ID
- SBAHQ24I0111
- Recipient
-
Albuquerque Community Foundation UEI FQNGALJ7GKC4
- Awarding agency
-
Office of the Chief Operating Officer
Small Business Administration
- Obligated
- $1,000,000
Award facts
- Assistance listing
- 59.059 Congressional Grants
- Completion date 43% complete
- Place of performance
- Albuquerque, NM, USA
Award details come from USAspending.gov.
About this award
The Albuquerque Community Foundation has been awarded a $1,000,000 Project Grant from the U.S. Small Business Administration (SBA) under the Congressional Grants program (CFDA 59.059). This federal grant funding will support small business development and entrepreneurship initiatives in Albuquerque, New Mexico over a 5-year period from September 1, 2024 to August 31, 2029. The grant award will enable the Albuquerque Community Foundation to provide comprehensive technical assistance, training, and economic development services to underserved entrepreneurial communities, including businesses owned by minorities, women, veterans, and entrepreneurs in economically disadvantaged areas. Key funded activities may include business counseling, workforce training, facility upgrades, and community economic development projects aimed at fostering small business growth and addressing systemic barriers to success.
Quick answers
Who received award SBAHQ24I0111?
SBAHQ24I0111 was awarded to Albuquerque Community Foundation by Office of the Chief Operating Officer (Small Business Administration) on September 1, 2024.
How much is award SBAHQ24I0111 worth?
$1,000,000 has been obligated on SBAHQ24I0111.
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