The Small Business Administration (SBA) awarded a $303,268 Formula Grant under the Microloan Program (CFDA 59.046) to Bridgeway Capital Inc., a non-profit community development financial institution, to provide microloans, business training, and technical assistance to start-up, newly established, and growing small businesses, with a focus on women, low-income, and minority entrepreneurs and businesses in western Pennsylvania, eastern Ohio, and northern West Virginia. The grant period is from...
Bridgeway Capital, Inc. received a $332,182 Formula Grant award from the Small Business Administration under the Microloan Program (CFDA 59.046) to provide microloans and business training/technical assistance from July 1, 2021 through June 30, 2022. As the SBA's Microloan Program aims to assist entrepreneurs in underserved areas through credit and support services, Bridgeway Capital will utilize this funding to deliver micro-level loans ($100k or less) and business development resources to...
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 U.S. Small Business Administration (SBA) has awarded a $702,681 Formula Grant to the Neighborhood Community Development Fund (NCDF) under the SBA Microloan Program (CFDA 59.046). This grant funding will enable NCDF, a nonprofit community development organization, to provide microloans up to $50,000 along with business training and technical assistance to start-up and growing small businesses, particularly those owned by women, minorities, and low-income individuals, in the Pittsburgh, PA...
The Small Business Administration (SBA) awarded a $504,553 Formula Grant to the Neighborhood Community Development Fund through the Microloan Program (CFDA #59.046) to provide microloans and business assistance services from July 1, 2021 to June 30, 2022. The Microloan Program aims to assist entrepreneurs, business owners, and individuals in underserved areas by providing direct loans and grants to eligible non-profit microlenders. As the sub-awardee, the Neighborhood Community Development...
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 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 $740,794 Project Grant under the Microloan Program (CFDA 59.046) to the Seattle Economic Development Fund, also known as Business Impact NW, a non-profit Community Development Financial Institution (CDFI). The grant will enable the organization to provide microloans up to $50,000 and accompanying technical assistance to support small businesses, particularly those owned by women, minorities, veterans, and low-income individuals in...
The Small Business Administration (SBA) Office of Capital Access awarded a $705,800 Project Grant to the Small Business Assistance Corporation to provide training and technical assistance to current and prospective borrowers of the SBA Microloan Program from July 1, 2022 to June 30, 2023. The SBA Microloan Program, listed under the Catalog of Federal Domestic Assistance as CFDA #59.046, aims to assist entrepreneurs, business owners, and individuals who own small businesses or are attempting to...
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...