The U.S. Small Business Administration (SBA) has awarded a $160,000 Project Grant under the "7(j) Technical Assistance" program (CFDA 59.007) to the Black Hills Community Loan Fund, Inc. in Rapid City, South Dakota. This grant will support the delivery of lending capital, financial products, and business development assistance to Native American micro-enterprises. As a non-profit community development financial institution, Black Hills Community Loan Fund, Inc. will use the funding...
This federal Project Grant award in the amount of $200,000 was provided by the U.S. Small Business Administration (SBA) under the 7(j) Technical Assistance program (CFDA 59.007) to Indian Dispute Resolution Services Inc., a minority-owned, non-profit organization focused on supporting Native American and rural small businesses. The grant funding supports the organization's Native American Micro Enterprise Business Services project, enabling it to provide entrepreneurial training, technical...
The Department of the Treasury's Community Development Financial Institutions Fund awarded Black Hills Community Loan Fund, Inc. a $200,000 Project Grant under the Community Development Financial Institutions Rapid Response Program (CDFI RRP, CFDA #21.024). The award period is from June 15, 2021 through December 31, 2023 and will support the organization's ability to respond to the economic impacts of the coronavirus pandemic in its service area. As a Community Development Financial...
The Department of the Treasury's Community Development Financial Institutions Fund awarded a $150,000 Project Grant to Black Hills Community Loan Fund, Inc. to provide technical assistance to Native Community Development Financial Institutions (CDFIs) and emerging CDFIs through December 31, 2023. Under the Native Initiatives federal grant program (CFDA 21.012), the awardee will use the funding to build organizational capacity and serve rural and urban low-income individuals and underserved...
The Department of the Treasury's Community Development Financial Institutions Fund (CDFI Fund) awarded a $125,000 Project Grant to Black Hills Community Loan Fund, Inc. under the Community Development Financial Institutions Program (CFDA #21.020). The grant will support technical assistance activities through December 2024 to build the organizational capacity of certified and emerging CDFIs to serve low-income communities and individuals who lack access to affordable financial products and...
This $134,545 Project Grant awarded by the U.S. Small Business Administration (SBA) Office of Capital Access under the Microloan Program (CFDA 59.046) supports the New Mexico Community Development Loan Fund, doing business as The Loan Fund, a nonprofit community development financial institution. The funding enables The Loan Fund to provide microloans up to $50,000 and comprehensive business training and technical assistance to women, low-income, and minority entrepreneurs and small business...
The U.S. Small Business Administration (SBA) awarded a $238,662 Project Grant to the National Center For American Indian Enterprise Development (NCAIED) under the 7(j) Technical Assistance program (CFDA 59.007). The purpose of this 1-year grant, with a period of performance from September 30, 2024 to September 29, 2025, is to provide management and technical assistance to small disadvantaged businesses, particularly those participating in the SBA's 8(a) Business Development Program. The grant...
This federal Cooperative Agreement award of $150,000, granted by the U.S. Small Business Administration's (SBA) Office of Entrepreneurial Development under the Women's Business Ownership Assistance program (CFDA 59.043), provides funding to the Black Hills State University Foundation to operate a Women's Business Center (WBC) in Sioux Falls, South Dakota. The WBC delivers comprehensive entrepreneurial development services tailored to supporting women-owned small businesses, including...
The U.S. Small Business Administration (SBA) awarded a $150,000 Project Grant to Northeast South Dakota Economic Corp (Nesdec), a non-profit organization, under the SBA's Microloan Program (CFDA 59.046). The grant, effective July 1, 2024 through June 30, 2025, will enable Nesdec to provide microloans up to $50,000 and technical assistance to small businesses, particularly those owned by women, minorities, and low-income individuals in underserved rural areas of South Dakota. Nesdec has...
The U.S. Small Business Administration (SBA) awarded a $171,111 Project Grant under the Small Business Development Centers (SBDC) program (CFDA 59.037) to the University of South Dakota (USD) for the period of January 1, 2025 to December 31, 2025. The grant supports the establishment and operation of a regional SBDC network that will provide comprehensive management counseling, training, and technical assistance to small businesses and entrepreneurs in South Dakota. Key services to be...