Project Grant SBAHQ24Y0086
- The Small Business Administration (SBA) awarded a $1.4 million Formula Grant to Renaissance Economic Development Corporation through the Microloan Program (CFDA #59.046) to provide microloans and business assistance to small businesses in New York from July 1, 2021 to June 30, 2022. As an intermediary lender under the Microloan Program, Renaissance Economic Development Corporation will use the funding to issue micro-level loans of $50,000 or less to eligible small businesses, along with...
- The Renaissance Economic Development Corporation was awarded a $2.24 million Project Grant from the Small Business Administration under the Microloan Program (CFDA 59.046) for the period of July 1, 2022 to June 30, 2023. As a sub-awardee of Asian Americans for Equality, Inc., Renaissance EDC will deliver technical assistance to microloan borrowers in New York, NY in support of the Microloan Program's goal of expanding access to credit for small businesses in underserved communities....
- The Renaissance Community Loan Fund Inc., a nonprofit community development organization in Mississippi, received a $486,034 Project Grant from the U.S. Small Business Administration's (SBA) Microloan Program (CFDA 59.046) on July 1, 2024. This federal grant award will enable Renaissance Community Loan Fund 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 Mississippi...
- The Small Business Administration (SBA) awarded a $1,037,740 Microloan Program (CFDA 59.046) formula grant to Renaissance Economic Development Corp, doing business as Asian Americans For Equality, to provide microloans, business training, and technical assistance to start-up, newly established, and growing small businesses in underserved communities. As an SBA-approved microlender and Community Development Financial Institution (CDFI), Renaissance Economic Development Corp will utilize the grant...
- The Small Business Administration (SBA) Microloan Program awarded a $134,691 formula grant to Renaissance Community Loan Fund Inc., a non-profit organization, to provide microloans, business training, and technical assistance to start-up, newly established, and growing small businesses. This grant, which runs from July 1, 2023 to June 30, 2024, is funded under the SBA's Microloan Program (CFDA 59.046). The program aims to assist women, low-income, and minority entrepreneurs, business owners, and...
- The Small Business Administration (SBA) awarded a $152,140 Microloan Program Formula Grant to Renaissance Community Loan Fund Inc. to provide microloans and business training/technical assistance services from July 1, 2021 to June 30, 2022. The Microloan Program (CFDA #59.046) aims to help women, low-income, and minority entrepreneurs and small business owners in underserved areas through direct loans and grants to intermediary microlenders. Renaissance Community Loan Fund will use the funding...
- 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 U.S. Small Business Administration (SBA) awarded a $2,169,434 Microloan Program (CFDA 59.046) formula grant to Nybdc Local Development Corp, a nonprofit community development corporation and certified community development financial institution (CDFI). The grant, with a performance period from July 1, 2023 to June 30, 2024, enables Nybdc Local Development Corp to provide direct microloans under $100,000 and business training/technical assistance services to women, minority, and low-income...
- The Small Business Administration (SBA) awarded a $184,880 Project Grant to Renaissance Community Loan Fund Inc. to provide technical assistance to current and prospective microloan borrowers from July 1, 2022 to June 30, 2023. The grant funding supports the SBA's Microloan Program (CFDA #59.046), which aims to assist entrepreneurs, business owners, and individuals in underserved areas by expanding access to small dollar loans and management assistance. Under this award, Renaissance Community...
- The Small Business Administration (SBA) awarded a $1,255,090 Formula Grant under the Microloan Program (CFDA 59.046) to Nybdc Local Development Corp, a certified Community Development Financial Institution (CDFI) and nonprofit organization, for the period of July 1, 2024 to June 30, 2025. The grant funding will enable Nybdc Local Development Corp to provide microloans up to $50,000 or $100,000, as well as business training, technical assistance, and support services to small businesses,...
This federal Project Grant award of $721,001.00 from the Small Business Administration's (SBA) Microloan Program (CFDA 59.046) was provided to Renaissance Economic Development Corp, a minority-owned, nonprofit organization, to deliver microloans, business training, and financial counseling to entrepreneurs, small businesses, and low-income individuals in underserved communities in New York. As a Community Development Financial Institution (CDFI) and intermediary microlender, Renaissance Economic Development Corp utilizes federal funding to issue microloans up to $50,000 and provide accompanying technical assistance, with the goal of fostering entrepreneurship and economic development in areas lacking traditional access to credit. The award period runs from July 1, 2024, to June 30, 2025.
Mod # | Description | ReasonForModification | Federal Obligation | Date |
|---|---|---|---|---|
| Not listed | $721.0k | 7/1/24 |