Ascendus, Inc.
New York, NY Doing business as Opportunity Fund
- UEI
- MC9ERZDUPJT8
- CAGE
- 493S7
- Primary NAICS
- Not on record
- SAM.gov registration
- Active through
Company facts
- Self-certified in SAM.gov
- Entity structure
- Corporate Entity (Tax Exempt)
- SAM.gov registration date
- Physical address
- 25 Broadway #10, New York, NY 10004, USA
- Website
- ascendus.org
- Founded
- 1991
- Employees
- 51-250
- Estimated annual revenue
- $10M-$50M
- Industry
-
- Financials
- Diversified Financial Services
- Financial Services
- SIC code
- 61 Nondepository Institutions
Registration and certifications come from SAM.gov and the SBA; company details from public web sources. Updated .
Grant awards
Latest 5 listed here. See the rest on GovTribe.
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About the company
Ascendus, Inc., doing business as Opportunity Fund, is a minority-owned and Hispanic American-owned non-profit organization registered in SAM.gov since 2006. As a certified Community Development Financial Institution (CDFI), the organization focuses on providing critical financial and support services to small businesses, particularly those owned by women, minorities, and low-income individuals in underserved communities. The organization specializes in microloans, business training, technical assistance, and entrepreneurial development services, with a mission to expand access to capital and foster economic development in areas lacking traditional credit access.
Through its federal grant awards, primarily from the U.S. Small Business Administration (SBA) Office of Capital Access, Ascendus has consistently delivered microloan and technical assistance programs. The organization has received multiple annual Microloan Program grants ranging from $511,248 to $1.92 million, which enable it to provide direct loans up to $50,000 and comprehensive business support services. Additionally, Ascendus has participated in specialized programs like the SBA Community Navigator Pilot Program, where it served as a spoke partner in Miami-Dade County, providing one-on-one consulting and financial training to pre-venture entrepreneurs and existing small businesses. The organization has also received a $1,826,265 Project Grant from the Department of the Treasury's Community Development Financial Institutions Fund to support economic recovery during the coronavirus pandemic. These federal grants have consistently supported Ascendus' core mission of delivering financial products, training, and technical assistance to microenterprises and small businesses in economically distressed areas.
Quick answers
Is Ascendus, Inc. registered in SAM.gov?
Yes. Ascendus, Inc.'s SAM.gov registration is active through June 18, 2027.
What is Ascendus, Inc.'s most recent federal award?
Ascendus, Inc.'s most recent federal grant award is Ascendus, INC. - NY FY25 (SBAHQ25Y0011), from Office of the Chief Operating Officer, on July 1, 2025.
On GovTribe
See Ascendus, Inc.'s full federal record
- Federal grant awards
- Funding analysis by agency, NAICS and set-aside
- Similar vendors