FY24 congressional community project funding - michigan technological university

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 business counseling, technical assistance, workforce training, and education services to foster small business growth, particularly targeting underserved entrepreneurial communities including minority, women, and veteran-owned businesses, as well as those in economically disadvantaged areas. The Congressional Grants program administered by the SBA's Office of the Chief Operating Officer provides federal funding to municipalities, non-profit organizations, higher education institutions, and community development groups to support comprehensive small business development initiatives across the United States.