Project Grant SBAHQ25Y0030
- The Community Ventures Corporation, Inc. was awarded a $1,383,326 Project Grant from the Small Business Administration Office of Capital Access under the Microloan Program. The grant will fund pre-loan and post-loan training and technical assistance to micro-entrepreneurs from July 1, 2022 to June 30, 2023. The Microloan Program aims to assist entrepreneurs, business owners, and individuals in starting or expanding small businesses in underserved areas that lack access to credit. Through this...
- The Small Business Administration (SBA) awarded $723,698 under the Microloan Program (CFDA #59.046) to Community Ventures Corporation, Inc. to provide microloans and business training/technical assistance services from July 1, 2021 through June 30, 2022. The Microloan Program aims to assist entrepreneurs, business owners, and individuals in underserved areas by providing small, short-term loans and entrepreneurial development assistance. As a microlender, Community Ventures Corporation will...
- The Small Business Administration (SBA) awarded a $721,832 Microloan Program (CFDA 59.046) grant to Community Ventures Corporation, Inc., a Kentucky-based non-profit organization and certified Community Development Financial Institution (CDFI). This grant will enable Community Ventures to provide microloans up to $50,000 and technical assistance to women, minority, and low-income entrepreneurs, as well as small businesses in economically disadvantaged areas suffering from a lack of credit...
- The Small Business Administration (SBA) awarded a $1,131,277 Microloan Program (CFDA 59.046) formula grant to Community Ventures Corporation, Inc., a non-profit organization, for the period of July 1, 2023 to June 30, 2024. The grant provides direct loans and technical assistance to help start-up, newly established, and growing small businesses, particularly those owned by women, low-income, and minority entrepreneurs. As a community development financial institution, Community Ventures will...
- Federal Project Grant Award Summary The Small Business Administration (SBA) Office of Capital Access awarded a Project Grant of $143,640 to Mountain Association for Community Economic Development on July 1, 2025, under the Microloan Program (CFDA 59.046). This award supports Mountain Association's operations as an intermediary lender serving the Appalachian region of Kentucky through June 30, 2026. The funding enables the organization to provide short-term, fixed interest rate microloans up to...
- Summary of Federal Project Grant Award Kentucky Highlands Investment Corporation received a $461,020 Project Grant award from the Small Business Administration's (SBA) Office of Capital Access under the Microloan Program (CFDA 59.046), effective July 1, 2025, through June 30, 2026. As a certified Community Development Financial Institution (CDFI), Kentucky Highlands Investment Corporation will utilize this funding to serve as an intermediary lender providing microloans up to $50,000 to...
- Federal Project Grant Award Summary Southeast Kentucky Economic Development Corporation received $243,372 in federal funding from the Small Business Administration's (SBA) Office of Capital Access under the Microloan Program (CFDA 59.046) for the period July 1, 2025, through June 30, 2026. As an intermediary lender and Community Development Financial Institution (CDFI), the organization will utilize these funds to provide microloans up to $50,000 to startup, newly established, and growing...
- Federal Project Grant Award Summary Community Concepts Finance Corporation received a $167,024 Project Grant from the Small Business Administration's (SBA) Office of Capital Access under the Microloan Program (CFDA 59.046), effective July 1, 2025 through June 30, 2026. The award supports the organization's delivery of microfinance solutions and business development services to small business concerns in rural Maine, particularly startup, newly established, and growing enterprises owned by...
- Federal Project Grant Award Summary Community Capital of Vermont, Inc. received a $100,346 Project Grant from the Small Business Administration's (SBA) Office of Capital Access under the Microloan Program (CFDA 59.046) for the period July 1, 2025 through June 30, 2026. As an intermediary lender and Community Development Financial Institution (CDFI), Community Capital will utilize this funding to support underserved entrepreneurs and small business owners throughout Vermont by facilitating access...
- Federal Project Grant Award Summary Common Capital, Inc. received a $230,126 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. As a Community Development Financial Institution (CDFI) based in Springfield, Massachusetts, Common Capital, Inc. utilizes this funding to provide microloans up to $50,000 to startup, newly established, and growing small businesses that lack...
Community Ventures Corporation, Inc. received a $697,156 Project Grant award from the Small Business Administration (SBA) Office of Capital Access under the Microloan Program (CFDA 59.046), effective July 1, 2025 through June 30, 2026. As an established Community Development Financial Institution (CDFI) headquartered in Lexington, Kentucky, Community Ventures Corporation will utilize this funding to serve as an intermediary lender, providing microloans up to $50,000 to startup, newly established, and growing small business concerns that lack access to traditional credit sources. The microloans are designated exclusively for working capital, inventory, supplies, furniture, fixtures, machinery, and equipment. In addition to direct microlending, Community Ventures Corporation will deliver comprehensive marketing, management, and technical assistance services to prospective and current microborrowers across Kentucky and surrounding states. The organization's focus remains on expanding access to capital and business development resources for low-income, minority, women, and disadvantaged microentrepreneurs in both rural and urban communities. These integrated services align with the SBA Microloan Program's dual objective of providing both financial products and capacity-building support to underserved entrepreneurial populations in economically distressed regions.Federal Project Grant Award Summary
Mod # | Description | ReasonForModification | Federal Obligation | Date |
|---|---|---|---|---|
| Not listed | $697.2k | 9/19/25 |