Carolina Community Impact Inc. was awarded a $100,000 Project Grant from the U.S. Small Business Administration's Office of Capital Access under the Microloan Program (CFDA 59.046) to provide technical assistance to underserved entrepreneurs in Raleigh, North Carolina from July 1, 2022 through June 30, 2023. The Microloan Program aims to assist women, low-income, and minority entrepreneurs, business owners, and other individuals by providing credit and support services to small businesses in...
This $138,600 Formula Grant was awarded by the Small Business Administration (SBA) Office of Capital Access to Carolina Community Impact Inc., a non-profit organization in Raleigh, NC. The funding is provided through the SBA's Microloan Program (CFDA 59.046), which aims to assist women, low-income, and minority entrepreneurs and small businesses lacking access to credit. Under this grant, Carolina Community Impact Inc. will provide technical assistance, small business loans, coaching, and...
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 Small Business Administration (SBA) awarded a $614,102 Formula Grant under the Microloan Program (CFDA 59.046) to Mountain Bizcapital Inc., a non-profit community development corporation in Asheville, North Carolina. This grant funding enables Mountain Bizcapital to provide microloans up to $50,000 and technical assistance services to support small businesses, particularly those owned by women, minorities, and low-income individuals in underserved communities. The grant period runs from July...
The Small Business Administration (SBA) Microloan Program provided $531,128 in Formula Grant funding to Communityworks of Greenville, South Carolina from July 1, 2022 to June 30, 2023. The SBA Microloan Program, authorized under the Microloan Program (CFDA #59.046), aims to assist entrepreneurs and business owners in areas lacking access to credit by offering micro-level loans and business training. As a sub-awardee, Communityworks will utilize the funding to provide microloans of $50,000 or...
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) 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...
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 $729,305 Formula Grant under the Microloan Program (CFDA 59.046) to the Neighborhood Community Development Fund, a non-profit organization based in Pittsburgh, PA. Through this grant, the Neighborhood Community Development Fund will provide microloans up to $50,000 along with business training and technical assistance to start-up, newly established, and growing small businesses in the region. The Microloan Program aims to assist women,...
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...