First childrens finance - MN

Ended Project Grant Awarded Last action

Award ID
SBAHQ24PR0022
Recipient
Awarding agency
Obligated
$100,000

Award facts

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

Award details come from USAspending.gov.

About this award

This federal Project Grant award of $100,000, provided by the U.S. Small Business Administration (SBA) under the Program for Investment in Microentrepreneurs (PRIME) (CFDA 59.050), supports First Childrens Finance, a nonprofit organization and community development corporation based in Minneapolis, Minnesota. The funding will enable First Childrens Finance to deliver training, technical assistance, and capacity-building services to disadvantaged microentrepreneurs and child care businesses, particularly those in underserved communities. The organization specializes in providing microloans, business development resources, and other financial services to support the growth and sustainability of small child care providers. This PRIME grant award, with a performance period from September 30, 2024 to September 29, 2025, is part of the SBA's broader efforts to increase the number of microenterprises and enhance the management capabilities of microentrepreneurs across the United States.

Quick answers

Who received award SBAHQ24PR0022?

SBAHQ24PR0022 was awarded to First Childrens Finance by Office of the Chief Operating Officer (Small Business Administration) on September 30, 2024.

How much is award SBAHQ24PR0022 worth?

$100,000 has been obligated on SBAHQ24PR0022.

Which agency awarded SBAHQ24PR0022?

Office of the Chief Operating Officer (Small Business Administration) awarded SBAHQ24PR0022, with funding from Office of Capital Access (Small Business Administration).

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