The U.S. Small Business Administration (SBA) awarded a $111,105 Project Grant to the Women's Opportunities Resource Center (WORC) under the SBA Microloan Program (CFDA 59.046). The grant, effective July 1, 2024 through June 30, 2025, will enable WORC, a Community Development Financial Institution (CDFI), to provide microloans up to $50,000 and technical assistance to start-up, newly established, and growing small businesses, with a focus on women, low-income, and minority entrepreneurs in...
The Small Business Administration (SBA) Microloan Program has awarded a $167,996 Formula Grant to the Women's Opportunities Resource Center (WORC), a non-profit organization doing business as W.o.r.c. The grant funding, awarded on July 1, 2023, will enable WORC to provide microloans, business training, and technical assistance to start-up, newly established, and growing small business concerns, with a focus on women, low-income, and minority entrepreneurs in underserved communities. As a...
This federal Project Grant award from the Small Business Administration (SBA) under the Microloan Program (CFDA 59.046) provides $254,931.00 to Communityworks, a certified Community Development Financial Institution (CDFI), to assist women, minority, and low-income entrepreneurs and small businesses. The funding will enable Communityworks to offer microloans up to $50,000 for working capital, inventory, supplies, equipment, and other business needs, as well as provide marketing, management,...
The U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program awarded a $723,000 Project Grant to Women's Opportunities Resource Center (W.o.r.c.), a certified CDFI in Philadelphia, Pennsylvania. The grant, awarded on September 26, 2024, will be used to drive economic revitalization and community development in underserved communities through 2027. The funding will enable W.o.r.c. to provide microloans up to $50,000, comprehensive business training, and...
The U.S. Small Business Administration (SBA) awarded a $125,464 Project Grant to The Enterprise Center Capital Corporation, a non-profit organization, under the SBA's Microloan Program (CFDA 59.046). This grant will support the organization's efforts to provide microloans up to $50,000 and technical assistance to small businesses, particularly those owned by women, minorities, and low-income individuals in underserved communities. The funding period is from July 1, 2024, to June 30, 2025. The...
The Small Business Administration (SBA) Microloan Program awarded a $115,474 Formula Grant to Womenventure, a non-profit organization, for the period of July 1, 2023 to June 30, 2024. Womenventure, a certified Community Development Financial Institution, will use the grant funds to provide direct microloans, business training, and technical assistance to start-up, newly established, and growing small business concerns, with a focus on women, low-income, and minority entrepreneurs and business...
The Small Business Administration (SBA) awarded a $178,069 Project Grant to the Washington Area Community Investment Fund, Inc. (WACIF) under the Microloan Program (CFDA 59.046). The grant will support WACIF's provision of technical assistance services to women, low-income, minority and other entrepreneurs in Washington, DC from July 1, 2022 to June 30, 2023. The Microloan Program aims to assist small businesses and entrepreneurs in underserved areas that lack access to credit by providing...
The U.S. Small Business Administration (SBA) awarded a $111,660 Project Grant under the Microloan Program (CFDA 59.046) to Community Development Resources, a non-profit community development corporation, for the period of July 1, 2024 to June 30, 2025. This grant enables Community Development Resources to provide microloans up to $50,000 and accompanying technical assistance to women, low-income, and minority entrepreneurs as well as small businesses lacking access to credit in its local...
The Small Business Administration (SBA) Microloan Program awarded a $544,747 formula grant to the Center For Rural Affairs Community Capital, a non-profit organization and community development corporation. This grant, effective from July 1, 2023 to June 30, 2024, will enable the organization to provide microloans, business training, counseling, and technical assistance to start-up, newly established, and growing small businesses, with a focus on women, low-income, and minority entrepreneurs and...
This $390,097 Formula Grant award from the U.S. Small Business Administration (SBA) Office of Capital Access under the Microloan Program (CFDA 59.046) supports Communityworks, a non-profit Community Development Financial Institution (CDFI), in providing lending, training, and technical assistance to women, low-income, and minority entrepreneurs and small businesses in underserved communities. Key services include microloans, financial counseling, and COVID-19 recovery assistance, with a focus on...