The U.S. Small Business Administration (SBA) awarded a $262,661 Formula Grant under the Microloan Program (CFDA 59.046) to Metro Community Development Inc., a non-profit community development organization in Flint, Michigan. The grant will support the organization's delivery of microloans up to $50,000 and accompanying technical assistance to small businesses, particularly those owned by women, minorities, and low-income individuals in underserved Flint communities. As a certified Community...
The Small Business Administration (SBA) awarded $356,904 under the Microloan Program (CFDA #59.046) to Metro Community Development Inc. in Flint, Michigan. This Formula Grant will support the provision of microloans and business training/technical assistance services to start-ups, new, and growing small businesses through June 30, 2023. The Microloan Program aims to assist women, low-income, and minority entrepreneurs and business owners in areas lacking access to credit. As the sub-awardee,...
This $446,095 Formula Grant award from the Small Business Administration's Microloan Program (CFDA 59.046) was provided to Metro Community Development, Inc. (Metro), a non-profit community development corporation located in Flint, MI. The grant period runs from July 1, 2023 to June 30, 2024. Through this award, Metro will leverage its expertise to provide a range of services to support women, low-income, and minority entrepreneurs and small businesses in the Flint area that are suffering from...
The City of Flint, Michigan was awarded a $1.18 million Project Grant through November 2023 by the Small Business Administration under the Community Navigator Pilot Program. The grant will support the delivery of technical assistance and pandemic relief services to historically underserved small businesses and entrepreneurs. As a primary awardee, the City of Flint will provide these services directly and also through subawards to community organizations acting as hubs and spokes. Key...
The U.S. Small Business Administration (SBA) Office of the Chief Operating Officer awarded a $579,000 Congressional Grants Program (CFDA 59.059) Project Grant to the Central Michigan University Research Corporation. This grant is intended to support small business development and entrepreneurship initiatives in the Mt. Pleasant, MI area. The funding will be used to provide business counseling, technical assistance, workforce training, education services, facility upgrades, and community economic...
The Small Business Administration awarded a $1 million Congressional Community Project Funding grant to Prosperus Detroit Micro Lending through the Congressional Grants program (CFDA 59.059). The grant period is from September 1, 2022 to August 31, 2023 to support small business development and entrepreneurship initiatives in Detroit, Michigan. Specifically, Prosperus Detroit Micro Lending will provide microloans and technical assistance to local entrepreneurs to help start and grow small...
The U.S. Small Business Administration (SBA) awarded a $250,000 Project Grant under the Congressional Grants program (CFDA 59.059) to Michigan Technological University in Houghton, Michigan. The award will support small business development and entrepreneurship initiatives in the region over the 2-year performance period from Sep 1, 2024 to Aug 31, 2026. The grant funding will enable Michigan Technological University, a public research institution, to provide programmatic activities such as...
The Small Business Administration (SBA) awarded Central Michigan University Research Corporation a $1,065,000 Project Grant under the Congressional Grants program (CFDA 59.059) to support small business development and entrepreneurship initiatives from May 1, 2023 through February 29, 2024. The SBA funding will allow the Central Michigan University Research Corporation to deliver technical assistance, programmatic support, and construction activities to foster small business growth in Mount...
The U.S. Small Business Administration (SBA) awarded a $1,000,000 Congressional Grants program (CFDA 59.059) Project Grant to Baltimore Community Lending, Inc., a nonprofit Community Development Financial Institution (CDFI) located in Baltimore, Maryland. The grant, awarded on October 1, 2024, with a performance period ending on June 30, 2025, will support small business development and entrepreneurship initiatives in underserved communities within Baltimore City. Through this federal funding,...
The U.S. Small Business Administration (SBA) awarded a $271,000 Project Grant under the Congressional Grants program (CFDA 59.059) to the Village of Capac, MI. The grant funding will support small business development and entrepreneurship initiatives in the Capac community, including business counseling, technical assistance, workforce training, education services, facility upgrades, and community economic development projects. The project period runs from June 25, 2024 to September 30, 2024.