Colorado enterprise fund - CO
Ended Project Grant Awarded
- Award ID
- SBAHQ24Y0079
- Recipient
-
Co Enterprise Fund, LLC UEI NNVKE3A6XNX5
- Awarding agency
-
Office of the Chief Operating Officer
Small Business Administration
- Obligated
- $947,937
Award facts
- Assistance listing
- 59.046 Microloan Program
- Completion date
- Funding agency
- Office of Capital Access Small Business Administration
- Place of performance
- Denver, CO, USA
Award details come from USAspending.gov.
About this award
The Small Business Administration (SBA) awarded a $947,937 Microloan Program (CFDA 59.046) project grant to Co Enterprise Fund, LLC (doing business as Colorado Enterprise Fund), a nonprofit community development financial institution. The grant funds will be used by the organization 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 across Colorado. The one-year project period runs from July 1, 2024 to June 30, 2025. The organization has also received subawards from the City of Boulder to support its microfinance and technical assistance programming for disadvantaged entrepreneurs within the municipality.
Quick answers
Who received award SBAHQ24Y0079?
SBAHQ24Y0079 was awarded to Co Enterprise Fund, LLC by Office of the Chief Operating Officer (Small Business Administration) on July 1, 2024.
How much is award SBAHQ24Y0079 worth?
$947,937 has been obligated on SBAHQ24Y0079.
Which agency awarded SBAHQ24Y0079?
Office of the Chief Operating Officer (Small Business Administration) awarded SBAHQ24Y0079, with funding from Office of Capital Access (Small Business Administration).
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