Project Grant SBAHQ25Y0044
- The Kentucky Highlands Investment Corporation received a $432,464 Formula Grant award from the U.S. Small Business Administration's Microloan Program (CFDA 59.046) with a performance period from July 1, 2024 to June 30, 2025. The grant supports the organization's efforts to provide microloans up to $50,000 and technical assistance to small businesses, entrepreneurs, and underserved communities in rural Southeastern Kentucky. As a certified Community Development Financial Institution (CDFI),...
- The Small Business Administration (SBA) awarded $490,128 under the Microloan Program (CFDA #59.046) to Kentucky Highlands Investment Corporation. This Formula Grant will support Kentucky Highlands in providing microloans and business assistance to entrepreneurs and small business owners from July 2021 to June 2022. As an intermediary lender under the SBA Microloan Program, Kentucky Highlands will utilize the funding to issue micro-level loans of $50,000 or less to eligible startup, newly...
- 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 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...
- The Small Business Administration Office of Capital Access awarded a $1,073,892 Project Grant to the Kentucky Highlands Investment Corp to provide training and technical assistance to Small Business Administration Microloan Program borrowers and prospective borrowers from July 1, 2022 to June 30, 2023. The grant funding will support Kentucky Highlands Investment Corp in delivering training and technical assistance services to clients under the SBA's Microloan Program (CFDA #59.046). The...
- Federal Project Grant Award Summary Kentucky Highlands Investment Corporation received a $280,491 Project Grant from the U.S. Department of Agriculture's Rural Business Cooperative Services under the Rural Microentrepreneur Assistance Program (CFDA 10.870), awarded September 24, 2025, with a completion date of September 24, 2027. This grant supports the establishment and operation of a microloan revolving fund and related technical assistance services to rural microenterprises in Kentucky,...
- The U.S. Small Business Administration (SBA) awarded a $606,177 Formula Grant to Kentucky Highlands Investment Corporation, a non-profit community development corporation, under the SBA Microloan Program (CFDA 59.046). The grant provides direct loans and technical assistance funding to enable Kentucky Highlands Investment Corporation to offer micro-level loans, business training, and technical support to start-up, newly established, and growing small businesses, with a focus on assisting...
- Federal Project Grant Award Summary 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...
- The U.S. Department of Agriculture's Rural Business Cooperative Services awarded a $340,812 Project Grant to Kentucky Highlands Investment Corporation under the Rural Microentrepreneur Assistance Program (CFDA 10.870). This funding will enable Kentucky Highlands Investment Corporation, a certified Community Development Financial Institution (CDFI) and non-profit community development organization, to provide rural microentrepreneurs in Southeastern Kentucky with necessary business skills...
- The federal Project Grant award of $326,250 was provided by the U.S. Small Business Administration (SBA) under the Microloan Program (CFDA 59.046) to the Southeast Kentucky Economic Development Corporation (SKED). The award, with a period of performance from July 1, 2024 to June 30, 2025, will enable SKED to offer microloans up to $50,000 and provide technical assistance to small businesses, particularly those owned by women, minorities, and low-income individuals, in underserved communities...
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 underserved entrepreneurs and small business concerns in Southeastern Kentucky, including startup, newly established, and growing businesses operated by women, minority, and low-income entrepreneurs. The microloans will be designated exclusively for working capital, inventory, supplies, furniture, fixtures, machinery, and equipment. In addition to direct lending services, Kentucky Highlands Investment Corporation will deliver comprehensive marketing, management, and technical assistance to prospective and current microborrowers through its subsidiary, Kentucky Highlands Community Development Corporation. These services include business training, technical assistance, and employee coaching to support borrower success and sustainable business growth in economically distressed rural areas where access to traditional credit sources is limited.Summary of Federal Project Grant Award
Mod # | Description | ReasonForModification | Federal Obligation | Date |
|---|---|---|---|---|
| Not listed | $461.0k | 9/19/25 |