Montana community development corp. - MT

Ended Project Grant Awarded Last action

Award ID
SBAHQ24PR0011
Recipient
Awarding agency
Obligated
$300,000

Award facts

Assistance listing
59.050 Prime Technical Assistance
Completion date
Funding agency
Office of Capital Access Small Business Administration
Place of performance
Missoula, MT, USA

Award details come from USAspending.gov.

About this award

The U.S. Small Business Administration (SBA) awarded a $300,000 Project Grant under the Program for Investment in Microentrepreneurs (PRIME) to Montana Community Development Corp., doing business as Mofi, a non-profit community development financial institution (CDFI). The award will support Mofi's provision of training, technical assistance, and capacity-building services to help disadvantaged entrepreneurs and small business owners in underserved communities across Montana, Idaho, and Wyoming start, expand, and grow their microenterprises. This includes delivering microloans up to $50,000, business coaching, financial literacy education, and consulting services to promote economic self-sufficiency and community development. The award period runs from September 30, 2024 to September 29, 2025.

Quick answers

Who received award SBAHQ24PR0011?

SBAHQ24PR0011 was awarded to Montana Community Development Corp by Office of the Chief Operating Officer (Small Business Administration) on September 30, 2024.

How much is award SBAHQ24PR0011 worth?

$300,000 has been obligated on SBAHQ24PR0011.

Which agency awarded SBAHQ24PR0011?

Office of the Chief Operating Officer (Small Business Administration) awarded SBAHQ24PR0011, with funding from Office of Capital Access (Small Business Administration).

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