Project Grant SBAHQ25Y0059
- The Small Business Administration (SBA) awarded a $5,717,132 Project Grant to Northeast Entrepreneur Fund, Inc. DBA Entrepreneur Fund under the Microloan Program (CFDA #59.046) for the period of July 1, 2022 to June 30, 2023. The Microloan Program aims to assist women, low-income, and minority entrepreneurs as well as small businesses in underserved areas lacking access to credit. Through this award, Entrepreneur Fund will provide technical assistance and capital access services to support...
- The Small Business Administration (SBA) awarded $1.76 million to Northeast Entrepreneur Fund, Inc. through the Microloan Program (CFDA #59.046) for the period of July 1, 2021 to June 30, 2022. The Microloan Program provides direct loans and grants to eligible non-profit microlenders to offer micro-level loans of under $100k, as well as business training and technical assistance, to support start-ups, newly established and growing small businesses. Northeast Entrepreneur Fund, Inc. will utilize...
- The Northeast Entrepreneur Fund, Inc. (doing business as Entrepreneur Fund) received a $1,591,065 Formula Grant award from the U.S. Small Business Administration's (SBA) Microloan Program (CFDA 59.046) to provide microloans up to $50,000 and accompanying technical assistance to support small businesses, particularly those owned by women, minorities, and low-income individuals in underserved communities in northern Minnesota and northwest Wisconsin. As a certified Community Development...
- The Northeast Entrepreneur Fund, Inc. (doing business as Entrepreneur Fund), a nonprofit financial services organization, was awarded a $2,219,438 Formula Grant by the Small Business Administration Office of Capital Access to support its Microloan Program (CFDA 59.046). This grant will fund Entrepreneur Fund's delivery of small business financing, training, and technical assistance to entrepreneurs across 17 counties in northern Minnesota and northwest Wisconsin from July 1, 2023 to June 30,...
- Federal Grant Award Summary The Small Business Administration (SBA) Office of Capital Access awarded Neighborhood Development Center Inc. a Project Grant in the amount of $152,852 on July 1, 2025, under the Microloan Program (CFDA 59.046). This award supports the organization's operations as an intermediary lender providing microloans up to $50,000 to startup, newly established, and growing small business concerns in underserved communities. The funding enables the delivery of short-term,...
- Federal Grant Award Summary Northeast Entrepreneur Fund, Inc. received a $150,000 Project Grant from the Small Business Administration's (SBA) Office of Entrepreneurial Development under the Women's Business Ownership Assistance program (CFDA 59.043), awarded on September 30, 2025, with a completion date of September 29, 2026. As a certified Community Development Financial Institution (CDFI) and tax-exempt nonprofit organization headquartered in Duluth, Minnesota, the organization will utilize...
- Federal Grant Award Summary Northern Great Lakes Initiatives received a $382,856 Project Grant from the U.S. Small Business Administration (SBA) Office of Capital Access under the Microloan Program (CFDA 59.046), awarded July 1, 2025, with a completion date of June 30, 2026. As a certified Community Development Financial Institution (CDFI) headquartered in Marquette, Michigan, the organization will utilize these funds to provide microloans up to $50,000 to startup and growing small businesses,...
- Federal Project Grant Award Summary The Northwest Minnesota Foundation received a $144,340 Project Grant from the Small Business Administration's (SBA) Office of Capital Access under the Microloan Program (CFDA 59.046), awarded July 1, 2025, with a completion date of June 30, 2026. As an intermediary lender, the foundation will utilize these funds to provide short-term, fixed interest rate microloans up to $50,000 to startup, newly established, and growing small business concerns in the Bemidji,...
- Federal Grant Award Summary The Small Business Administration's (SBA) Office of Capital Access awarded $174,557 to Nebraska Enterprise Fund under the Microloan Program (CFDA 59.046) on July 1, 2025, with a completion date of June 30, 2026. Nebraska Enterprise Fund, a Community Development Financial Institution (CDFI) headquartered in Oakland, Nebraska, will utilize these funds to provide microloans up to $50,000 and associated technical assistance to underserved entrepreneurs and small...
- The Northeast Entrepreneur Fund, Inc. (doing business as Entrepreneur Fund) received a $300,000 Project Grant award from the U.S. Small Business Administration (SBA) under the Program for Investment in Microentrepreneurs (PRIME) (CFDA 59.050). The grant funding will be used to provide training, technical assistance, and capacity building services to support microentrepreneurs and enhance the management capabilities of small business owners, particularly those from disadvantaged communities...
Northeast Entrepreneur Fund, Inc. received a $1,294,921 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. This award supports the organization's role as an intermediary lender providing microloans up to $50,000 to startup, newly established, and growing small business concerns across 17 counties in northern Minnesota and northwest Wisconsin. Microloans are designated exclusively for working capital, inventory, supplies, furniture, fixtures, machinery, and equipment needs of eligible entrepreneurs. In addition to microlending services, the grant funds Northeast Entrepreneur Fund's delivery of comprehensive technical assistance and training to prospective and current microborrowers. Services include marketing, management, and business development support designed to enhance borrower success and program sustainability. As a certified Community Development Financial Institution (CDFI), the organization prioritizes service to underserved populations, including women, minorities, low-income individuals, and rural entrepreneurs who lack access to traditional credit sources.Federal Project Grant Award Summary
Mod # | Description | ReasonForModification | Federal Obligation | Date |
|---|---|---|---|---|
| Not listed | $1.3m | 9/19/25 |