Small Disadvantaged Businesses
Inactive
- Assistance listing
- 59.049
- Grant awards
- 28 $3,674,597 in federal obligations
Program facts
- Also known as
- SDB
- Assistance types
-
- Cooperative Agreement
- Formula Grant
- Eligible applicants
-
- Small business (less than 500 employees)
- Beneficiaries
-
- Small business
Program details come from SAM.gov Assistance Listings. Updated . Grant award figures come from USAspending.gov.
About this program
The Small Business Administration funds compliance-related activities under the Small Disadvantaged Businesses program (CFDA 59.049), with the most recent grant award made on September 30, 2016—ten years ago, placing this program in inactive status for business development purposes.
The portfolio reflects minimal recent activity. Twenty-eight cooperative agreements and one formula grant have been awarded since 2011, with funding concentrated in 2012 (16 awards) followed by smaller tranches in 2014 (5 awards) and 2016 (5 awards). No grant opportunities have been posted in the past decade. The program has obligated $3.7 million in federal dollars across all recipients, with non-federal cost-share totaling $1.4 million.
Recent awards funded microenterprise lending programs, women's business ownership assistance, and nonprofit support. Representative 2012 awards include $242,455 to Bridgeway Capital Inc. for microloan operations, $210,315 to a nonprofit recipient, and $852,142 to support women's business ownership assistance renewal. 2014 awards included $537,966 for microloan programming. 2016 awards were smaller, ranging from $23,677 to $202,655, directed toward nonprofit support and microloan program operations.
The Small Business Administration is the sole funding source for all 28 awards. Individual cooperative agreement awards typically range from $50,000 to $242,000, with occasional larger awards exceeding $500,000. The program's assistance type mix is predominantly cooperative agreements (96% of awards) with a single formula grant.
With no grant awards disbursed since September 2016 and no open solicitations visible in the historical record, this program appears dormant. Organizations should confirm current funding status with SBA before investing development resources.
Objective and description
- Objective
To ensure compliance with the constitutional standards established by the Supreme Court in Adarand Contractors, Inc vs. Pena, relative to Federal action programs that use racial or ethnic criteria as a basis for decision making.
Grant awards
| Award | Recipient | Federal obligations | Awarded |
|---|---|---|---|
| Microloan program | Tulsa Economic Development Corp | $23,677 | |
| Microloan program | Grameen America Inc. | $50,000 | |
| Non profit | Neighborhood Self-Employment Initiative, Inc. | $150,000 | |
| Non profit | Brooklyn Cooperative Federal Credit Union | $78,726 | |
| Microloan | Southeast Kentucky Economic Development | -$17,386 | |
| 7 J | Performance-Based Solutions, Inc. | $76,913 | |
| Fast | University Of Alaska Anchorage | $90,909 | |
| Microloan | CDC Small Business Finance Corp. | $320,004 | |
| Microloan | Forge Financing Ozark Rural Growth And Economy | $200,288 | |
| Microloan | Community Capital Of Vermont, Inc. | $58,605 |
Latest 10 of 28 listed here. See the rest on GovTribe.
Top recipients by federal obligations
| Rank | Recipient | Federal obligations | Share |
|---|---|---|---|
| 1 | Liftfund Inc. | $384,736 | 10% |
| 2 | Greater Wealth Works, Inc. | $368,671 | 10% |
| 3 | CDC Small Business Finance Corp. | $320,004 | 9% |
| 4 | Northern Economic Initiatives Corporation | $282,407 | 8% |
| 5 | Grameen America Inc. | $255,500 | 7% |
| 6 | Forge Financing Ozark Rural Growth And Economy | $200,288 | 5% |
| 7 | Bridgeway Capital Inc. | $193,964 | 5% |
| 8 | Common Capital, Inc. | $168,252 | 5% |
| 9 | Community First Fund | $166,879 | 5% |
| 10 | Mountain Bizcapital Inc. | $155,840 | 4% |
10 of 26 recipients listed here. See the rest on GovTribe.
Federal obligations by fiscal year
| Fiscal year | Federal obligations |
|---|---|
| FY2021 | -$59,296 |
| FY2019 | -$17,386 |
| FY2016 | $186,383 |
| FY2015 | -$3,018 |
| FY2014 | $988,621 |
| FY2013 | $257,332 |
| FY2012 | $2,057,165 |
| FY2011 | $205,500 |
Quick answers
What is Assistance Listing 59.049?
Assistance Listing 59.049 is Small Disadvantaged Businesses, a federal grant program run by Small Business Administration. It is inactive.
What is the CFDA number for Small Disadvantaged Businesses?
Its CFDA number is 59.049: Assistance Listing numbers were called CFDA numbers before 2018.
How much funding has Assistance Listing 59.049 awarded?
28 grant awards under 59.049 have obligated $3,674,597 in federal funds to 26 recipients.
Who receives the most funding from 59.049?
The recipients obligated the most under Small Disadvantaged Businesses are Liftfund Inc. ($384,736), Greater Wealth Works, Inc. ($368,671) and CDC Small Business Finance Corp. ($320,004).
On GovTribe
See this program's full record
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