Project Grant SBAHQ25Y0147
- The U.S. Small Business Administration (SBA) awarded a $1,537,963 Microloan Program (CFDA 59.046) grant to the Economic And Community Development Institute, Inc. (ECDI), a non-profit Community Development Financial Institution (CDFI) located in Columbus, Ohio. The grant, effective July 1, 2024 through June 30, 2025, enables ECDI to provide microloans up to $50,000 and technical assistance to small businesses, with a focus on those owned by women, minorities, and low-income individuals in...
- Federal Grant Award Summary Economic and Community Development Institute, Inc. (ECDI) received a $150,000 Project Grant award from the U.S. Small Business Administration's Office of Entrepreneurial Development 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 establishment and operation of a Women's Business Center (WBC) in Ohio, providing comprehensive entrepreneurial...
- The Small Business Administration's Microloan Program provided $1,975,171 in Formula Grant funding to the Economic & Community Development Institute Inc. from July 1, 2021 to June 30, 2022. The Microloan Program (CFDA #59.046) aims to assist entrepreneurs, business owners, and other individuals through direct loans and grants to eligible non-profit microlenders. These microlenders then provide micro-level loans of under $50,000 and business training/technical assistance services to support...
- 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...
- The Small Business Administration (SBA) awarded $3.2 million to the Economic & Community Development Institute Inc. (Ecdi) through the Microloan Program (CFDA #59.046) for the period of July 1, 2022 to June 30, 2023. Under this Formula Grant, Ecdi will provide microloans and business training/technical assistance to start-ups, new, and growing small businesses. The Microloan Program aims to assist entrepreneurs, business owners, and individuals from underserved communities gain access to...
- The Small Business Administration (SBA) awarded a $2,538,653 Microloan Program (CFDA 59.046) Formula Grant to the Economic And Community Development Institute, Inc. (ECDI), a non-profit organization. The grant provides direct loans and grants to ECDI as an eligible microlender, enabling them to offer micro-level loans, business training, and technical assistance to start-up, newly established, and growing small business concerns, with a focus on women, low-income, and minority entrepreneurs...
- The U.S. Small Business Administration (SBA) awarded a $300,000 Project Grant under the Congressional Grants program (CFDA 59.059) to the Economic And Community Development Institute, Inc. (ECDI), a non-profit community development corporation located in Columbus, Ohio. The grant, awarded on October 1, 2024, will support ECDI's efforts to provide comprehensive entrepreneurial and economic development services to underserved populations, with a focus on women-owned, minority-owned, and low-income...
- The Economic and Community Development Institute, Inc. (ECDI) was awarded a $400,000 federal Project Grant from the U.S. Small Business Administration (SBA) under the Program for Investment in Microentrepreneurs (PRIME) (CFDA 59.050) on September 30, 2024. The award will support ECDI's efforts to increase the number of microenterprises and enhance the management capabilities of microentrepreneurs in Columbus, Ohio through training, technical assistance, and capacity building services. As a...
- The Economic and Community Development Institute Inc. was awarded a $250,000 Project Grant from the Small Business Administration Office of Capital Access under the Prime Technical Assistance federal grant program (CFDA #59.050). The grant will support the provision of training and capacity building services to microentrepreneurs through September 2022. Specifically, Ecdi will enhance the management capabilities of microbusiness owners in starting, expanding, or growing their operations. The...
- This Cooperative Agreement award from the U.S. Small Business Administration (SBA), authorized under the CFDA 59.043 Women's Business Ownership Assistance program, provides $150,000 in funding to the Economic And Community Development Institute, Inc. (ECDI), a non-profit community development corporation located in Columbus, Ohio. The funding enables ECDI to deliver comprehensive entrepreneurial development services tailored to support women-owned, minority-owned, and low-income small...
The Economic and Community Development Institute, Inc. (ECDI) received a $1,319,438 Project Grant award from the Small Business Administration's (SBA) Office of Capital Access under the Microloan Program (CFDA 59.046) for the period of July 1, 2025, through June 30, 2026. As an approved intermediary lender and certified Community Development Financial Institution (CDFI), ECDI will utilize these funds to provide short-term, fixed interest rate microloans up to $50,000 to startup, newly established, and growing small business concerns, with loan proceeds designated exclusively for working capital, inventory, supplies, furniture, fixtures, machinery, and equipment. The award supports ECDI's primary service delivery to underserved populations including women entrepreneurs, minority-owned businesses, low-income individuals, veterans, refugees, and justice-involved individuals. In addition to microloan capital, the SBA grant funds support ECDI's delivery of comprehensive technical assistance, business training, marketing support, and management counseling to prospective and current microborrowers. ECDI's service delivery model includes wraparound support services such as financial literacy education, childcare assistance, and career coaching designed to enhance borrower success and economic self-sufficiency. This award reflects ECDI's demonstrated capacity and performance history in administering SBA Microloan Program resources and serving as a trusted intermediary lender in Columbus, Ohio, and surrounding regions.Federal Grant Award Summary
Mod # | Description | ReasonForModification | Federal Obligation | Date |
|---|---|---|---|---|
| Not listed | $1.3m | 9/19/25 |