Project Grant SBAHQ25Y0146
- The Small Business Administration (SBA) awarded a $178,069 Project Grant to the Washington Area Community Investment Fund, Inc. (WACIF) under the Microloan Program (CFDA 59.046). The grant will support WACIF's provision of technical assistance services to women, low-income, minority and other entrepreneurs in Washington, DC from July 1, 2022 to June 30, 2023. The Microloan Program aims to assist small businesses and entrepreneurs in underserved areas that lack access to credit by providing...
- The Washington Area Community Investment Fund, Inc. (WACIF) was awarded a $159,480 Project Grant by the U.S. Small Business Administration (SBA) under the Microloan Program (CFDA 59.046). The grant, with an award date of July 1, 2024 and a completion date of June 30, 2025, will enable WACIF, a certified Community Development Financial Institution (CDFI) and SBA lender, to provide microloans up to $50,000 and accompanying technical assistance to support small businesses, particularly those...
- This federal Formula Grant award of $162,063 was provided by the Small Business Administration (SBA) Office of Capital Access under the Microloan Program (CFDA 59.046). The funding was awarded to the Washington Area Community Investment Fund, Inc. (WACIF), a non-profit community development corporation, to deliver training, counseling, lending, and investment services to support underinvested entrepreneurs and small businesses, particularly women and minorities, in the Washington, D.C. area....
- The U.S. Small Business Administration (SBA) awarded a $244,760 Microloan Program (CFDA 59.046) project grant to Life Asset, Inc., a non-profit organization located in Washington, DC. The grant, awarded on July 1, 2025 with an ultimate completion date of June 30, 2026, will enable Life Asset, Inc. to provide microloans up to $50,000, along with comprehensive business training, counseling, and technical assistance, to support women, minority, and low-income entrepreneurs and small businesses in...
- The U.S. Small Business Administration (SBA) awarded a $250,000 FY 2023 Project Grant under the Program for Investment in Microentrepreneurs (PRIME) to the Washington Area Community Investment Fund, Inc. (WACIF), a non-profit community development corporation. The grant supports WACIF's delivery of technical assistance services to disadvantaged microentrepreneurs in the Washington, D.C. area to increase the number of microenterprises and enhance the management capabilities of these small...
- The U.S. Small Business Administration (SBA) awarded a $212,918 Project Grant to Communityworks, a Community Development Financial Institution (CDFI), under the Microloan Program (CFDA 59.046) with a performance period from July 1, 2025 to June 30, 2026. The Microloan Program provides funding to nonprofit intermediary lenders like Communityworks to offer microloans up to $50,000, primarily for working capital, inventory, supplies, furniture, fixtures, machinery, and equipment, as well as...
- The U.S. Small Business Administration (SBA) awarded a $740,794 Project Grant under the Microloan Program (CFDA 59.046) to the Seattle Economic Development Fund, also known as Business Impact NW, a non-profit Community Development Financial Institution (CDFI). The grant will enable the organization to provide microloans up to $50,000 and accompanying technical assistance to support small businesses, particularly those owned by women, minorities, veterans, and low-income individuals in...
- The U.S. Small Business Administration (SBA) awarded a $108,545 Project Grant under the Microloan Program (CFDA 59.046) to the Latino Economic Development Corporation of Washington, D.C. (LEDC) on July 1, 2024. The award will fund LEDC's provision of microloans up to $50,000 and accompanying technical assistance to small businesses, particularly those owned by women, minorities, and low-income individuals in underserved communities. As a certified Community Development Financial Institution...
- The Latino Economic Development Corporation of Washington, D.C. (LEDC) received a $138,623 Project Grant award from the U.S. Small Business Administration (SBA) Microloan Program (CFDA 59.046) to provide microloans up to $50,000, primarily for working capital, inventory, supplies, furniture, fixtures, machinery, and equipment. In addition to the financial assistance, the grant funds technical assistance, business training, and entrepreneurial development services to help small businesses,...
- This federal Project Grant award from the Small Business Administration (SBA) under the Microloan Program (CFDA 59.046) provides $254,931.00 to Communityworks, a certified Community Development Financial Institution (CDFI), to assist women, minority, and low-income entrepreneurs and small businesses. The funding will enable Communityworks to offer microloans up to $50,000 for working capital, inventory, supplies, equipment, and other business needs, as well as provide marketing, management,...
The Small Business Administration (SBA) awarded a $117,964 Project Grant under the Microloan Program (CFDA 59.046) to the Washington Area Community Investment Fund, Inc. (WACIF) on July 1, 2025. The grant will fund WACIF, a certified Community Development Financial Institution (CDFI), to provide microloans up to $50,000 for working capital, inventory, supplies, furniture, fixtures, machinery, and equipment to small businesses, particularly those owned by women, minorities, and low-income individuals in underserved communities in the Washington, DC metropolitan area. In addition to the financial support, the grant will enable WACIF to deliver technical assistance, business training, and entrepreneurial development services to help these small businesses 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 | $118.0k | 9/19/25 |