Project Grant SBAHQ25Y0099
- The Small Business Administration (SBA) awarded a $204,317 Microloan Program Formula Grant to Maryland Capital Enterprises, Inc. for the period of July 1, 2022 to June 30, 2023. Under the SBA's Microloan Program (CFDA #59.046), the awardee will provide microloans and business training/technical assistance services to start-ups, new, and growing small businesses to assist underserved entrepreneurs and address credit needs in their service area. As a microlender, Maryland Capital Enterprises...
- This $150,000 Project Grant award to Maryland Capital Enterprises, Inc. was provided by the Small Business Administration (SBA) under the Women's Business Ownership Assistance program (CFDA #59.043). The funding will support Maryland Capital Enterprises, a non-profit community development corporation, in delivering microloans, entrepreneurial training, business consulting, and technical assistance aimed at empowering women-owned small businesses and entrepreneurs, particularly in underserved...
- The U.S. Small Business Administration (SBA) awarded a $300,000 Project Grant under the Program for Investment in Microenterprises (PRIME) (CFDA 59.050) to Maryland Capital Enterprises, Inc., a nonprofit community development corporation, for the period of September 30, 2024 to September 29, 2025. The grant funding will enable Maryland Capital Enterprises to provide training, technical assistance, and capacity-building services to support the development and growth of microenterprises,...
- The Small Business Administration's Microloan Program awarded $270,711 to Maryland Capital Enterprises, Inc. through Formula Grant CFDA #59.046 to provide microloans and business assistance to small businesses in Salisbury, Maryland from July 1, 2021 to June 30, 2022. As an intermediary lender, Maryland Capital Enterprises will use the funding to issue microloans of $50,000 or less to eligible startup, newly established, and growing small business concerns. It will also offer entrepreneurial...
- Federal Grant Award Summary ECDC Enterprise Development Group has received a $649,923 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. As a Community Development Financial Institution (CDFI) intermediary lender, ECDC Enterprise Development Group will utilize this funding to provide microloans up to $50,000 to startup, newly established, and growing small businesses in the...
- Maryland Capital Enterprises, Inc. was awarded a $300,000 Project Grant from the Small Business Administration Office of Entrepreneurial Development. The grant is part of the Women's Business Ownership Assistance federal program (CFDA 59.043) and will provide funding from September 30, 2022 to September 29, 2025. Under this award, Maryland Capital Enterprises will assist small businesses owned and controlled by women through training and counseling services. The organization will work to...
- 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 The Enterprise Center Capital Corporation received a $193,622 Project Grant from the U.S. Small Business Administration's 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 Philadelphia, Pennsylvania, the organization will utilize these funds to expand its microlending operations and technical assistance services for underserved...
- Maryland Capital Enterprises, Inc. received a $150,000 Project Grant award effective September 30, 2025, through September 29, 2026, from the Small Business Administration's Office of Entrepreneurial Development under the Women's Business Ownership Assistance program (CFDA 59.043). This award supports the operation of a Women's Business Center (WBC) in Maryland, a component of the national network of entrepreneurship centers designed to assist women in starting and growing small businesses....
- Federal Grant Award Summary Coastal Enterprises, Inc. (CEI) received a $266,180 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. As an intermediary lender and Community Development Financial Institution (CDFI), CEI will utilize these funds to provide microloans up to $50,000 to startup, newly established, and growing small businesses in underserved communities, with...
Maryland Capital Enterprises, Inc. received a $101,280 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 an intermediary lender, Maryland Capital Enterprises will utilize these funds to provide comprehensive microfinance and technical assistance services to underserved entrepreneurs and small business owners throughout Maryland. The organization will make short-term, fixed interest rate microloans up to $50,000 to startup, newly established, and growing small business concerns, with loan proceeds restricted to working capital, inventory, supplies, furniture, fixtures, machinery, and equipment. In addition to direct microloan provision, the SBA grant supports marketing, management, and technical assistance services to prospective and current microborrowers. These complementary support services strengthen borrower capacity and increase the likelihood of business success. As a tax-exempt nonprofit community development corporation, Maryland Capital Enterprises leverages this federal funding alongside its established relationships with the SBA, U.S. Department of Agriculture, and Department of the Treasury to advance economic development and expand capital access for disadvantaged entrepreneurs, women-owned businesses, and low-income business owners in underserved Maryland communities.Federal Project Grant Award Summary
Mod # | Description | ReasonForModification | Federal Obligation | Date |
|---|---|---|---|---|
| Not listed | $101.3k | 9/19/25 |