Project Grant SBAHQ25Y0104
- The Neighborhood Development Center Inc. was awarded a $713,002 Project Grant from the Small Business Administration Office of Capital Access under the Microloan Program (CFDA 59.046) to provide pre-loan and post-loan technical assistance to support small businesses from July 1, 2022 to June 30, 2023. The Microloan Program aims to assist entrepreneurs and small business owners in underserved areas by providing credit and support services. Under this award, Neighborhood Development Center will...
- The Small Business Administration (SBA) awarded a $264,645 Microloan Program Formula Grant to Neighborhood Development Center Inc. to provide microloans and business training/technical assistance services from July 1, 2021 through June 30, 2022. The Microloan Program (CFDA #59.046) aims to assist entrepreneurs, business owners, and individuals in underserved areas by providing small, direct loans and supporting services to start-up, newly established, and growing small businesses. As a...
- The U.S. Small Business Administration (SBA) awarded a $1,600,000 Congressional Grants Program (CFDA 59.059) Project Grant to Neighborhood Development Center Inc., a non-profit community development corporation in St. Paul, Minnesota. The grant will fund a 5-year initiative to support small business development and entrepreneurship, including providing direct microloans under $50,000, pre-loan business planning assistance, post-loan technical support, training services, and operational...
- The Small Business Administration (SBA) Microloan Program awarded a $128,641 Formula Grant to the African Development Center, a nonprofit organization that serves underserved entrepreneurs and small businesses in Minnesota, particularly African immigrant and refugee communities. This funding supports the African Development Center's provision of microloans, business training, and technical assistance to start-up, newly established, and growing small business concerns. Specifically, the grant...
- The Small Business Administration awarded a $1,000,000 project grant to the Neighborhood Development Center Inc. from FY22 through FY27 under the Congressional Grants program (CFDA 59.059). The funding will support the organization's small business development and entrepreneurship initiatives in St. Paul, MN. As indicated in the program description, the grant monies may be used to deliver technical assistance services to new and existing small businesses through programmatic activities or...
- The Neighborhood Development Center Inc. was awarded a $1,000,000 project grant from the Small Business Administration Office of the Chief Operating Officer under the Congressional Grants program (CFDA 59.059). The grant will support the organization's provision of small business development and entrepreneurship initiatives in St. Paul, Minnesota from August 1, 2022 through July 31, 2027. As described by the program, funding will enable Neighborhood Development Center Inc. to carry out...
- The Small Business Administration (SBA) awarded a $206,883 Project Grant under the Microloan Program (CFDA 59.046) to the Southwest Initiative Foundation, a non-profit organization based in Hutchinson, Minnesota. This grant, with a performance period from July 1, 2024 to June 30, 2025, will enable the Southwest Initiative Foundation to provide microloans up to $50,000 and technical assistance to small businesses, particularly those owned by women, minorities, and low-income individuals in...
- 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...
- This $144,340.00 Project Grant award from the Small Business Administration (SBA) Microloan Program (CFDA 59.046) supports the Northwest Minnesota Foundation's efforts to provide microloans, business training, and technical assistance to start-up and emerging small businesses, with a focus on women, minority, and low-income entrepreneurs in underserved communities. The funding will enable the Northwest Minnesota Foundation, a nonprofit community development organization, to offer short-term,...
- The Small Business Administration (SBA) awarded $209,786 under the Microloan Program (CFDA #59.046) to the Northwest Minnesota Foundation 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 and business training/technical assistance to start-ups, new, and growing small businesses. As the SBA sub-awardee, the Foundation will utilize the funding to provide microloans and business...
The Small Business Administration (SBA) awarded a $152,852 Project Grant to the Neighborhood Development Center Inc., a non-profit community development organization based in St. Paul, Minnesota, under the SBA's Microloan Program (CFDA 59.046). The funding will enable the Neighborhood Development Center Inc. to provide microloans up to $50,000 to start-up, newly established, and growing small business concerns in underserved communities, primarily for working capital, inventory, supplies, furniture, fixtures, machinery, and equipment. In addition to the financial assistance, the grant will support the Neighborhood Development Center Inc. in providing marketing, management, and technical assistance to prospective borrowers and existing microloan recipients to help them overcome barriers to traditional credit access and foster economic growth. The award has a performance period from July 1, 2025, to June 30, 2026.
Mod # | Description | ReasonForModification | Federal Obligation | Date |
|---|---|---|---|---|
| Not listed | $152.9k | 9/19/25 |