Wisconsin womens business initiative corp - WI

Ended Project Grant Awarded

Award ID
SBAHQ24Y0126
Recipient
Awarding agency
Obligated
$281,455

Award facts

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

Award details come from USAspending.gov.

About this award

The U.S. Small Business Administration (SBA) awarded a $281,455 Project Grant to the Wisconsin Women's Business Initiative Corporation (WWBIC) under the SBA Microloan Program (CFDA 59.046). The grant, which runs from July 1, 2024 to June 30, 2025, will enable WWBIC to provide microloans up to $50,000 and technical assistance to support small businesses, particularly those owned by women, minorities, and low-income individuals in underserved communities across Wisconsin. As a certified Community Development Financial Institution (CDFI), WWBIC is leveraging this federal funding to deliver a comprehensive suite of services, including entrepreneurship training, business counseling, financial literacy programming, and access to capital. This aligns with the Microloan Program's objective of fostering entrepreneurship and economic development in areas lacking traditional credit access.

Quick answers

Who received award SBAHQ24Y0126?

SBAHQ24Y0126 was awarded to Wisconsin Women's Business Initiative Corporation by Office of the Chief Operating Officer (Small Business Administration) on July 1, 2024.

How much is award SBAHQ24Y0126 worth?

$281,455 has been obligated on SBAHQ24Y0126.

Which agency awarded SBAHQ24Y0126?

Office of the Chief Operating Officer (Small Business Administration) awarded SBAHQ24Y0126, with funding from Office of Capital Access (Small Business Administration).

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