Project Grant SBAHQ25Y0019
- This Project Grant award of $361,513.00 from the Small Business Administration (SBA) Microloan Program (CFDA 59.046) was provided to Coastal Enterprises, Inc. (CEI), a non-profit community development financial institution (CDFI) in Brunswick, Maine. The award will fund CEI's delivery of 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. Through this award, CEI...
- Coastal Enterprises, Inc. was awarded a $671,996 Project Grant from the Small Business Administration (SBA) under the Microloan Program (CFDA 59.046) to provide technical assistance services supporting microloans in Brunswick, Maine from July 1, 2022 through June 30, 2023. The Microloan Program aims to assist women, low-income, and minority entrepreneurs and small business owners in underserved areas through access to small, short-term loans along with training and technical assistance services....
- The Small Business Administration (SBA) awarded a $375,822 Microloan Program (CFDA 59.046) Formula Grant to Coastal Enterprises, a nonprofit community development financial institution (CDFI), to provide microloans, training, and technical assistance to start-up, newly established, and growing small business concerns. This one-year grant, effective July 1, 2023 through June 30, 2024, supports Coastal Enterprises' efforts to assist women, low-income, and minority entrepreneurs and small...
- The Small Business Administration (SBA) awarded Coastal Enterprises, Inc. a $419,195 Formula Grant under 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 small, short-term loans and training to start-up and growing small businesses. As the sub-awardee, Coastal Enterprises will use the grant funding to...
- Federal Grant Award Summary Coastal Enterprises, Inc. (CEI) received a $150,000 Project Grant awarded on September 30, 2025, by the Small Business Administration's Office of Entrepreneurial Development under the Women's Business Ownership Assistance program (CFDA 59.043). The award, with a completion date of September 29, 2026, supports CEI's operation as a Women's Business Center (WBC) serving women entrepreneurs in Maine. As a Community Development Financial Institution (CDFI), CEI delivers...
- Coastal Enterprises, Inc. was awarded a $300,000 project grant from the Small Business Administration Office of Entrepreneurial Development under the Women's Business Ownership Assistance federal grant program (CFDA 59.043). The grant period is from September 30, 2022 to September 29, 2023. Funds will support Coastal Enterprises, Inc., located in Brunswick, Maine, to provide training and counseling services to assist small businesses owned and controlled by women. The grant aims to remove...
- Coastal Enterprises, Inc. received a $150,000 continuation project grant award from the Small Business Administration Office of Entrepreneurial Development under the Women's Business Ownership Assistance federal grant program (CFDA 59.043). The two-year award, issued on September 30, 2022, will support Coastal Enterprises in providing training and counseling services to small businesses owned and controlled by women through September 29, 2025. Specifically, grant funds will be used to assist...
- The U.S. Small Business Administration (SBA) awarded a $252,499 Project Grant to Community Concepts Finance Corporation, a non-profit community development organization based in South Paris, Maine. The grant was provided through the SBA's Microloan Program (CFDA 59.046), which supports small businesses, particularly those owned by women, minorities, and low-income individuals in underserved communities. This federal grant enables Community Concepts Finance Corporation to offer microloans up to...
- 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...
- Federal Grant Award Summary Ceds Finance, a non-profit Community Development Financial Institution (CDFI) located in Aurora, Colorado, received a $368,753 Project Grant from the U.S. Small Business Administration (SBA) Office of Capital Access under the Microloan Program (CFDA 59.046), effective July 1, 2025, through June 30, 2026. Under this award, Ceds Finance will provide microloans of up to $50,000 to startup, newly established, and growing small business concerns, with eligible loan...
Coastal Enterprises, Inc. received a $266,180 Project Grant award from the Small Business Administration's Office of Capital Access, effective July 1, 2025, through June 30, 2026, under the Microloan Program (CFDA 59.046). As an established Community Development Financial Institution (CDFI) intermediary lender based in Brunswick, Maine, Coastal Enterprises will utilize this grant funding to support microenterprise development activities, including marketing, management, and technical assistance services for prospective and current microborrowers, as well as training and capacity-building support for intermediary lender staff. The Microloan Program operates through a dual-funding mechanism in which the SBA provides grants to participating intermediary lenders like Coastal Enterprises to enhance their ability to serve underserved entrepreneurs and small business concerns in economically distressed and rural communities. Under this award, Coastal Enterprises will continue its established mission of empowering women, minorities, low-income individuals, and rural entrepreneurs through targeted financial and business development programs, complementing the microloans (up to $50,000) that the intermediary originates for working capital, inventory, supplies, equipment, and other eligible business purposes.Federal Project Grant Award Summary
Mod # | Description | ReasonForModification | Federal Obligation | Date |
|---|---|---|---|---|
| Not listed | $266.2k | 9/10/25 |