Oregon association of minority entrepreneurs credit corp - or…

Ended Project Grant Awarded

Award ID
SBAHQ24Y0046
Recipient
Awarding agency
Obligated
$111,187

Award facts

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

Award details come from USAspending.gov.

About this award

Written by GovTribe AI ·

The federal Project Grant award of $111,187.00 from the U.S. Small Business Administration's Microloan Program (CFDA 59.046) to the Oregon Association of Minority Entrepreneurs Credit Corp Inc. supports the organization's delivery of microloans, business training, and technical assistance to start-up, new, and growing small businesses owned by women, minorities, and low-income entrepreneurs in Portland, Oregon.

This funding allows the Oregon Association of Minority Entrepreneurs to provide over $1 million in total microlending and associated support services to its target constituency of small business owners in underserved communities. The goal is to stimulate entrepreneurship and economic development by improving access to capital and offering training for these entrepreneurs. The award period runs from July 1, 2024 to June 30, 2025.

Quick answers

Who received award SBAHQ24Y0046?

SBAHQ24Y0046 was awarded to Oregon Association Of Minority Entrepreneurs by Office of the Chief Operating Officer (Small Business Administration) on July 1, 2024.

How much is award SBAHQ24Y0046 worth?

$111,187 has been obligated on SBAHQ24Y0046.

Which agency awarded SBAHQ24Y0046?

Office of the Chief Operating Officer (Small Business Administration) awarded SBAHQ24Y0046, with funding from Office of Capital Access (Small Business Administration).

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