Maui economic development board, INC.FY24 congressional community project funding

The Maui Economic Development Board, Inc. (Medb) was awarded a $1,750,000 Congressional Grant (CFDA 59.059) from the U.S. Small Business Administration (SBA) to support small business development and entrepreneurship initiatives in Maui County, Hawaii. The award has a performance period from October 1, 2024 to September 30, 2026.

The Congressional Grants program provides federal funding to municipalities, non-profit organizations, and community groups to foster small business growth through activities such as business counseling, technical assistance, workforce training, education services, facility upgrades, and community economic development projects. Medb, a non-profit organization focused on supporting small businesses, developing STEM talent pipelines, and building high-tech industry clusters, will utilize this grant to deliver comprehensive services to diverse entrepreneurial communities in Maui, including minorities, women, veterans, and businesses in economically disadvantaged areas.