Grand rapids opportunities for women (grow) - MI

Ended Project Grant Awarded

Award ID
SBAHQ24Y0027
Recipient
Awarding agency
Obligated
$111,494

Award facts

Assistance listing
59.046 Microloan Program
Completion date
Funding agency
Office of Capital Access Small Business Administration
Place of performance
Grand Rapids, MI, USA

Award details come from USAspending.gov.

About this award

The U.S. Small Business Administration (SBA) awarded a $111,494 Microloan Program (CFDA 59.046) project grant to Grand Rapids Opportunities for Women (Grow), a nonprofit community development organization located in Grand Rapids, Michigan. The grant, with a performance period from July 1, 2024, to June 30, 2025, will enable Grow to provide microloans up to $50,000 and associated technical assistance to support women, minority, and low-income entrepreneurs and small business owners in the West Michigan region. As a certified Community Development Financial Institution (CDFI), Grow focuses on removing discriminatory barriers and promoting economic development by delivering a range of business development services, including financial literacy education, business consulting, and access to capital resources.

Quick answers

Who received award SBAHQ24Y0027?

SBAHQ24Y0027 was awarded to Grand Rapids Opportunities For Women by Office of the Chief Operating Officer (Small Business Administration) on July 1, 2024.

How much is award SBAHQ24Y0027 worth?

$111,494 has been obligated on SBAHQ24Y0027.

Which agency awarded SBAHQ24Y0027?

Office of the Chief Operating Officer (Small Business Administration) awarded SBAHQ24Y0027, with funding from Office of Capital Access (Small Business Administration).

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