FY24 congressional community project funding- city of albuquerque

This $200,000 Project Grant award from the U.S. Small Business Administration (SBA) under the Congressional Grants program (CFDA 59.059) will support small business development and entrepreneurship initiatives in the City of Albuquerque, New Mexico. The grant, which will be administered by the City's Office of the Mayor, will fund a range of programmatic activities such as business counseling, technical assistance, workforce training, and community economic development projects. These efforts are intended to foster small business growth, particularly among underserved entrepreneurial communities including minority-owned, women-owned, and veteran-owned businesses, as well as those located in economically disadvantaged areas. The grant will enable the City to leverage partnerships with local institutions to implement federally-funded programs that address urban challenges and support its 559,000 residents.