The Small Business Administration (SBA) awarded $163,739 under the Microloan Program (CFDA #59.046) to the Adirondack Economic Development Corporation (A E D C) located in Saranac Lake, New York. This Formula Grant will support A E D C's provision of microloans and business training/technical assistance services to small businesses and entrepreneurs from July 1, 2021 to June 30, 2022. The SBA Microloan Program aims to foster entrepreneurship and economic development in underserved communities...
The Adirondack Economic Development Corporation (AEDC) received a $233,409 Formula Grant from the U.S. Small Business Administration (SBA) Office of Capital Access under the Microloan Program (CFDA 59.046) to assist women, low-income, and minority entrepreneurs, business owners, and other individuals operating successful business concerns in areas lacking credit access. Through this funding, AEDC provides microloans under $50,000, business training, technical assistance, and financial services...
The Adirondack Economic Development Corporation (AEDC) received a $186,460 Project Grant award from the Small Business Administration (SBA) Office of Capital Access under the Microloan Program (CFDA #59.046) to provide training and technical assistance to SBA Microloan Program borrowers and prospective borrowers in Saranac Lake, New York from July 1, 2022 through June 30, 2023. The Microloan Program aims to assist entrepreneurs, business owners, and individuals in underserved areas by...
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 $1,330,546 to the Nybdc Local Development Corporation through the Microloan Program (CFDA #59.046) for the period of July 1, 2021 to June 30, 2022. This Formula Grant funding will enable the Nybdc Local Development Corporation to provide microloans and business training/technical assistance services to start-up, newly established, and growing small businesses in Albany, New York. The Microloan Program aims to assist women, low-income, and...
The U.S. Small Business Administration (SBA) awarded a $214,352 Project Grant under the Microloan Program (CFDA 59.046) to Community Capital New York, Inc. (doing business as Community Capital New YOR) on July 1, 2024. This funding will be used by the community development financial organization to provide microloans up to $50,000 and accompanying technical assistance to small businesses, particularly those owned by women, minorities, and low-income individuals in underserved communities. The...
The Small Business Administration (SBA) awarded Community Capital New York, Inc. $604,437 under the Microloan Program (CFDA #59.046) to provide microloans and business training/technical assistance to startup, newly established, and growing small businesses from July 2021 through September 2022. The Microloan Program aims to assist women, low-income, and minority entrepreneurs as well as small businesses in underserved areas through direct loans of $50,000 or less along with business-based...
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,...
The Small Business Administration (SBA) awarded a $1.92 million Formula Grant to Ascendus, Inc. doing business as Accion USA through the Microloan Program (CFDA #59.046) to provide microloans and business training/technical assistance to small businesses from July 2022 to June 2023. The Microloan Program aims to assist entrepreneurs and business owners in underserved areas through direct loans of up to $50,000 and grants to intermediary microlenders. As the sub-awardee, Accion USA will...
The Small Business Administration (SBA) has awarded a $876,266 Formula Grant to Ecdc Enterprise Development Group, a non-profit community development corporation, under the SBA Microloan Program (CFDA 59.046). This grant will enable Ecdc Enterprise Dev to provide microloans, business training, and technical assistance to start-up, newly established, and growing small business concerns, with a focus on supporting women, low-income, and minority entrepreneurs. The funding will be used to support...