FY 24 congressional community project funding capital region minority supplier development council

The U.S. Small Business Administration (SBA) awarded a $300,000 Congressional Grant (CFDA 59.059) to the Capital Region Minority Supplier Development Council, Inc. (CRMSDC), a non-profit organization located in Silver Spring, Maryland. This Project Grant, awarded on September 1, 2024, will support CRMSDC's efforts to provide training, technical assistance, and advisory services to minority-owned small businesses in the Capital Region from September 2024 through August 2025.

The funding will enable CRMSDC to continue its mission of fostering business growth, capacity building, and providing targeted assistance to underserved minority business enterprises. Over the past several years, CRMSDC has secured approximately $1.37 million in federal grants, primarily from the SBA and the Minority Business Development Agency, to deliver comprehensive business development services, including navigating pandemic-related challenges, accessing government assistance programs, and submitting applications for local, state, and federal relief opportunities.