Maryland capital enterprises, INC.

Ended Project Grant Awarded Last action

Award ID
SBAHQ24PR0012
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
Salisbury, MD, USA

Award details come from USAspending.gov.

About this award

Written by GovTribe AI ·

The U.S. Small Business Administration (SBA) awarded a $300,000 Project Grant under the Program for Investment in Microenterprises (PRIME) (CFDA 59.050) to Maryland Capital Enterprises, Inc., a nonprofit community development corporation, for the period of September 30, 2024 to September 29, 2025.

The grant funding will enable Maryland Capital Enterprises to provide training, technical assistance, and capacity-building services to support the development and growth of microenterprises, particularly those owned by women, minorities, and low-income entrepreneurs in underserved communities across Maryland. Key services to be delivered include direct microloans up to $50,000, entrepreneurial training, business counseling, and other support aimed at removing barriers to accessing capital and management resources for small business owners.

Quick answers

Who received award SBAHQ24PR0012?

SBAHQ24PR0012 was awarded to Maryland Capital Enterprises, Inc. by Office of the Chief Operating Officer (Small Business Administration) on September 30, 2024.

How much is award SBAHQ24PR0012 worth?

$300,000 has been obligated on SBAHQ24PR0012.

Which agency awarded SBAHQ24PR0012?

Office of the Chief Operating Officer (Small Business Administration) awarded SBAHQ24PR0012, with funding from Office of Capital Access (Small Business Administration).

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