The Small Business Administration (SBA) awarded $328,353.88 through its Microloan Program to Southeast Kentucky Economic Development for the period of July 1, 2021 to June 30, 2022. The Microloan Program provides direct loans and grants to eligible non-profit microlenders to offer micro-level loans and business training/technical assistance to start-ups, new businesses and growing small concerns. Specifically, Southeast Kentucky Economic Development will utilize the funding to provide...
The Small Business Administration (SBA) Office of Capital Access awarded a $655,382 Project Grant to Southeast Kentucky Economic Development to provide training and technical assistance to SBA Microloan borrowers and prospective borrowers. The grant period runs from July 1, 2022 to June 30, 2023. The award is being administered under the SBA's Microloan Program (CFDA #59.046), which aims to assist entrepreneurs, business owners, and individuals in underserved areas by expanding access to...
The Small Business Administration (SBA) awarded a $339,470 Formula Grant to Southeast Kentucky Economic Development, a 36-year-old non-profit organization, to provide microloans, financial counseling, and technical assistance to start-up, newly established, and growing small businesses under the SBA Microloan Program (CFDA 59.046). This funding will enable Southeast Kentucky Economic Development to deliver a range of services, including lending, recruitment and expansion support, and training,...
The U.S. Small Business Administration (SBA) awarded a $292,134 Microloan Program (CFDA 59.046) project grant to Southeast Community Capital Corporation, a non-profit community development corporation and certified Community Development Financial Institution (CDFI) based in Tennessee. The grant funding will enable Southeast Community Capital to provide microloans up to $50,000 and accompanying technical assistance to support small businesses, particularly those owned by women, minorities, and...
The South Central Kansas Economic Development District Inc., doing business as Sckedd, received a $181,561 Project Grant from the Small Business Administration Office of Capital Access under the Microloan Program (CFDA 59.046) to provide training and technical assistance to Small Business Administration microloan program borrowers and prospective borrowers from July 1, 2022 to June 30, 2023. The Microloan Program aims to assist women, low-income, and minority entrepreneurs as well as small...
The Small Business Administration awarded $191,164.33 under the Microloan Program (CFDA #59.046) to Southeast Community Capital Corporation for the period of July 1, 2021 through June 7, 2022. The Microloan Program provides direct loans and grants to eligible non-profit microlenders to offer micro-level loans and business training/technical assistance to start-ups, new, and growing small businesses. As the sub-awardee, Southeast Community Capital will utilize the funding to provide microloans...
The Small Business Administration (SBA) awarded a $721,832 Microloan Program (CFDA 59.046) grant to Community Ventures Corporation, Inc., a Kentucky-based non-profit organization and certified Community Development Financial Institution (CDFI). This grant will enable Community Ventures to provide microloans up to $50,000 and technical assistance to women, minority, and low-income entrepreneurs, as well as small businesses in economically disadvantaged areas suffering from a lack of credit...
The U.S. Small Business Administration (SBA) awarded a $375,704 Project Grant under the Microloan Program (CFDA 59.046) to the South Eastern Economic Development Corporation (SEED Corp), a non-profit community development corporation in Taunton, Massachusetts. The funding will enable SEED Corp, a Community Development Financial Institution (CDFI), to provide microloans up to $50,000 and accompanying technical assistance to small businesses, particularly those owned by women, minorities, and...
The Small Business Administration (SBA) awarded $123,326.73 under the Microloan Program (CFDA #59.046) to South Central Kansas Economic Development District Inc. (SCKEDD) for the period of July 1, 2021 to June 30, 2022. The Microloan Program provides direct loans and grants to eligible non-profit microlenders for the purpose of offering micro-level loans and business-based training and technical assistance services to start-up, newly established, and growing small business concerns. SCKEDD...
The federal Project Grant award SBAHQ24Y0087, provided by the U.S. Small Business Administration's (SBA) Microloan Program (CFDA 59.046), will be used to assist women, low-income, and minority entrepreneurs, business owners, and other individuals with the capability to operate successful business concerns. The $709,225 grant, awarded on July 1, 2024, will be provided to the non-profit organization Ecdc Enterprise Development Group to deliver microloans up to $50,000 and technical assistance to...