FY24 congressional community project funding

The U.S. Small Business Administration (SBA) awarded a $650,000 Project Grant under the Congressional Grants program (CFDA 59.059) to the Rhode Island Black Business Association (RIBBA), a non-profit organization located in Providence, RI. The grant, which spans from November 2024 to October 2026, will enable RIBBA to deliver comprehensive microbusiness technical assistance programs in collaboration with the City of Providence.

The funding will allow RIBBA to provide a range of support services, training, and developmental resources to local small businesses, with a particular emphasis on supporting minority-owned, women-owned, and emerging entrepreneurial ventures in underserved communities. This includes offering business counseling, skills training, and other initiatives to help entrepreneurs develop the knowledge and resources necessary to launch and sustain successful businesses. RIBBA has previously received significant federal grant funding from the SBA and has established itself as a critical resource for economic development in the Providence area.