Hedco INC - CT
Ended Project Grant Awarded
- Award ID
- SBAHQ24Y0029
- Recipient
-
Hedco Inc. UEI C686SADPJUE5
- Awarding agency
-
Office of the Chief Operating Officer
Small Business Administration
- Obligated
- $134,829
Award facts
- Assistance listing
- 59.046 Microloan Program
- Completion date
- Funding agency
- Office of Capital Access Small Business Administration
- Place of performance
- Hartford, CT, USA
Award details come from USAspending.gov.
About this award
This $134,829 Project Grant award from the U.S. Small Business Administration's (SBA) Microloan Program (CFDA 59.046) was provided to Hedco Inc., doing business as Hartford Economic Development, a non-profit community development organization in Hartford, Connecticut. The grant funding enables Hedco to offer microloans up to $50,000 and provide technical assistance to support small businesses, particularly those owned by women, minorities, and low-income individuals in underserved communities. Through this federal grant, Hedco will deliver a range of services to foster entrepreneurship and economic development in the Hartford area, including working capital financing, inventory and equipment financing, and business advisory services. The award has a project period from July 1, 2024 to June 30, 2025.
Quick answers
Who received award SBAHQ24Y0029?
SBAHQ24Y0029 was awarded to Hedco Inc. by Office of the Chief Operating Officer (Small Business Administration) on July 1, 2024.
How much is award SBAHQ24Y0029 worth?
$134,829 has been obligated on SBAHQ24Y0029.
Which agency awarded SBAHQ24Y0029?
Office of the Chief Operating Officer (Small Business Administration) awarded SBAHQ24Y0029, with funding from Office of Capital Access (Small Business Administration).
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