Project Grant SBAHQ25Y0084
- The U.S. Small Business Administration (SBA) awarded a $111,494 Microloan Program (CFDA 59.046) project grant to Grand Rapids Opportunities for Women (Grow), a nonprofit community development organization located in Grand Rapids, Michigan. The grant, with a performance period from July 1, 2024, to June 30, 2025, will enable Grow to provide microloans up to $50,000 and associated technical assistance to support women, minority, and low-income entrepreneurs and small business owners in the West...
- The Small Business Administration (SBA) awarded $389,752 under the Microloan Program (CFDA #59.046) to Grand Rapids Opportunities For Women (GROW) from July 1, 2022 to June 30, 2023. This Formula Grant funding will enable GROW to provide microloans and business training/technical assistance services to start-ups, new, and growing small businesses in Grand Rapids, Michigan. The SBA Microloan Program aims to expand access to credit and build small business capacity in underserved communities...
- The Small Business Administration (SBA) awarded a $116,453 Formula Grant on July 1, 2023 to Grand Rapids Opportunities For Women (GROW), doing business as Grow, under the SBA Microloan Program (CFDA 59.046). The funding enables Grow, a non-profit women's business center and Community Development Financial Institution (CDFI), to provide microloans up to $50,000 and business training, counseling, and technical assistance to start-up, newly established, and growing small businesses, with a focus on...
- The Small Business Administration's Microloan Program provided $261,348 in formula grant funding to Grand Rapids Opportunities for Women (GROW) from July 1, 2021 to June 30, 2022. The Microloan Program (CFDA #59.046) aims to assist women, low-income, and minority entrepreneurs through direct loans and business training/technical assistance services. As the awardee, GROW will utilize the funding to provide micro-level loans of under $50,000 and business development support services to start-up,...
- The U.S. Small Business Administration (SBA) awarded a $150,000 Project Grant to Grand Rapids Opportunities for Women (GROW), a non-profit women's business center, under the SBA's Women's Business Ownership Assistance program (CFDA 59.043). The grant will fund GROW's delivery of entrepreneurship training, business consulting, financial literacy education, and access to capital through microloans specifically for women-owned and disadvantaged small businesses in the Grand Rapids, Michigan region....
- The Small Business Administration (SBA) awarded a $130,000 Project Grant under the Microloan Program (CFDA 59.046) to the Michigan Women's Foundation, a non-profit organization based in Detroit, Michigan. This federal grant funding will enable the Michigan Women's Foundation to provide short-term, fixed-interest rate microloans up to $50,000 to start-up, newly established, and growing small business concerns in areas suffering from a lack of credit due to economic downturns. In addition to the...
- The U.S. Small Business Administration (SBA) awarded a $200,000 Project Grant under the Microloan Program (CFDA 59.046) to the Michigan Women's Foundation, a woman-owned, non-profit organization, for the period of July 1, 2024 to June 30, 2025. The Microloan Program is designed to support small businesses, particularly those owned by women, minorities, and low-income individuals in underserved communities, by providing funding to nonprofit intermediary lenders to offer microloans up to $50,000...
- The Small Business Administration (SBA) awarded a $285,361 Formula Grant under the Microloan Program (CFDA 59.046) to the Great Lakes Women's Business Council (GLWBC), a non-profit organization and Community Development Corporation located in Livonia, Michigan. The grant period runs from July 1, 2024 to June 30, 2025. The Microloan Program is designed to support small businesses, particularly those owned by women, minorities, and low-income individuals in underserved communities, by providing...
- The Small Business Administration (SBA) awarded $471,301 under the Microloan Program (CFDA #59.046) to the Great Lakes Women's Business Council (GLWBC) for the period of July 1, 2021 through June 30, 2022. This Formula Grant funding will enable GLWBC to provide microloans of under $100,000 and business training/technical assistance to startup, newly established, and growing small businesses, with a focus on assisting women, low-income, and minority entrepreneurs in the Livonia, Michigan area who...
- The Small Business Administration (SBA) awarded a $363,640 Microloan Program (CFDA 59.046) Formula Grant to the Great Lakes Women's Business Council (GLWBC), a nonprofit organization, to provide micro-level loans, business training, and technical assistance to start-up, newly established, and growing small businesses, with a focus on women, low-income, and minority entrepreneurs. This funding will enable GLWBC to deliver these services to small business concerns in the Livonia, MI area from July...
The U.S. Small Business Administration (SBA) awarded a $119,836 Microloan Program (CFDA 59.046) project grant to Grand Rapids Opportunities for Women (GROW), a nonprofit organization and certified Community Development Financial Institution (CDFI) in Grand Rapids, Michigan. The grant funding will enable GROW to provide microloans up to $50,000 to start-up, newly established, and growing small business concerns, primarily for working capital, inventory, supplies, furniture, fixtures, machinery, and equipment. In addition to the financial support, the grant requires GROW to deliver marketing, management, and technical assistance to prospective borrowers and microloan recipients to help them overcome barriers to traditional credit access and foster economic growth, particularly for women, minority, and low-income entrepreneurs in the West Michigan region.
Mod # | Description | ReasonForModification | Federal Obligation | Date |
|---|---|---|---|---|
| Not listed | $119.8k | 9/19/25 |