Project Grant SBAHQ25Y0100
- 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...
- This $200,000 Formula Grant award from the Small Business Administration (SBA) Office of Capital Access to the Michigan Women's Foundation will support the delivery of the SBA Microloan Program. The funding will enable the Foundation, a woman-owned non-profit organization, to provide microloans, training, and technical assistance to women entrepreneurs and small business owners in Detroit, Michigan. As a certified Community Development Financial Institution (CDFI), the Foundation will also...
- 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...
- Federal Grant Award Summary The U.S. Small Business Administration's (SBA) Office of Capital Access awarded Great Lakes Women's Business Council (GLWBC) a Project Grant of $253,062 under the Microloan Program (CFDA 59.046) for the period July 1, 2025 through June 30, 2026. As an SBA-approved intermediary lender and Community Development Financial Institution based in Livonia, Michigan, GLWBC will utilize grant funding to provide marketing, management, technical assistance, and training...
- 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 $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...
- Federal Project Grant Award Summary Metro Community Development Inc., a Michigan-based nonprofit Community Development Corporation, received a $187,888 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. The award supports Metro Community Development Inc.'s role as an intermediary lender providing marketing, management, and technical assistance services to...
- The Great Lakes Women's Business Council (GLWBC) received a $981,836 project grant award from the Small Business Administration (SBA) Office of Capital Access under the Microloan Program (CFDA 59.046). The grant will support GLWBC's delivery of microloans and technical assistance to women, low-income, and minority entrepreneurs and small business owners in Livonia, Michigan from July 1, 2022 to June 30, 2023. As the SBA's Microloan Program aims to expand access to credit for small businesses...
- Federal Grant Award Summary The Small Business Administration's (SBA) Office of Entrepreneurial Development awarded Great Lakes Women's Business Council a $150,000 Project Grant under the Women's Business Ownership Assistance program (CFDA 59.043) effective September 30, 2025, with a completion date of September 29, 2026. This award supports the operation of a Women's Business Center (WBC) that provides comprehensive entrepreneurial development services to women entrepreneurs in the Great...
The Michigan Women's Foundation received a $130,000 project grant from the Small Business Administration (SBA) Office of Capital Access under the Microloan Program (CFDA 59.046) for the period July 1, 2025, through June 30, 2026. As a certified Community Development Financial Institution (CDFI) and intermediary lender, the Foundation will use these funds to provide short-term, fixed-interest rate microloans up to $50,000 to startup, newly established, and growing small business concerns in Detroit, Michigan. Eligible loan proceeds are restricted to working capital, inventory, supplies, furniture, fixtures, machinery, and equipment. In addition to direct microlending activities, the SBA grant funds marketing, management, and technical assistance services to prospective borrowers and current microborrowers. The Foundation's services target underserved entrepreneurs, with particular focus on women, minority, and low-income business owners in economically distressed areas. This award represents the Foundation's most recent grant allocation under the Microloan Program and reflects the SBA's ongoing investment in expanding access to capital and technical support for microenterprises across multiple geographic regions.Grant Award Summary
Mod # | Description | ReasonForModification | Federal Obligation | Date |
|---|---|---|---|---|
| Not listed | $130.0k | 9/19/25 |