Neighborhood self employment initiative INC - in…
Ended Project Grant Awarded
- Award ID
- SBAHQ24Y0039
- Recipient
-
Neighborhood Self-Employment Initiative, Inc. UEI L989G7DG8C25
- Awarding agency
-
Office of the Chief Operating Officer
Small Business Administration
- Obligated
- $185,488
Award facts
- Assistance listing
- 59.046 Microloan Program
- Completion date
- Funding agency
- Office of Capital Access Small Business Administration
- Place of performance
- Indianapolis, IN, USA
Award details come from USAspending.gov.
About this award
The U.S. Small Business Administration (SBA) awarded a $185,488 Project Grant under the Microloan Program (CFDA 59.046) to Neighborhood Self-Employment Initiative, Inc. (NSEI), a non-profit organization located in Indianapolis, Indiana. This grant will enable NSEI, operating as an SBA microloan intermediary lender, to provide microloans up to $50,000 and accompanying technical assistance to small businesses, particularly those owned by women, minorities, and low-income individuals in underserved communities. The funding will support NSEI's efforts to remove discriminatory business barriers, offer specialized training and counseling, and foster entrepreneurship and economic development through direct financial and educational interventions. The grant project period runs from July 1, 2024, to June 30, 2025.
Quick answers
Who received award SBAHQ24Y0039?
SBAHQ24Y0039 was awarded to Neighborhood Self-Employment Initiative, Inc. by Office of the Chief Operating Officer (Small Business Administration) on July 1, 2024.
How much is award SBAHQ24Y0039 worth?
$185,488 has been obligated on SBAHQ24Y0039.
Which agency awarded SBAHQ24Y0039?
Office of the Chief Operating Officer (Small Business Administration) awarded SBAHQ24Y0039, with funding from Office of Capital Access (Small Business Administration).
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