Microenterprise Business Assistance Grant

The Microenterprise business assistance activities increase economic opportunity by supporting small businesses within Vancouver city limits. Donor Name: City of Vancouver State: Washington City: Vancouver Type of Grant: Grant Deadline: 10/20/2024 Size of the Grant: $1.8 million Grant Duration: 1 Year Details: Activities may include technical assistance and resources (e.g. grants, loans) to current and prospective business owners. Funds are targeted to serve microenterprises (up to 5 employees) and other small businesses with a focus on historically underutilized businesses. Participants must have a household income of 80% AMI or less. Funding Information Microenterprise Business Assistance Total Available: $300,000 Funding Source: CDBG Maximum Request: $250,000 Minimum Request: $100,000. Funding Period CDBG funds are generally available on a 12-month basis between July 2025 through December 2026. Eligible Project Costs Use of CDBG funds for the Microenterprise Program is restricted to certain eligible costs. Eligible costs for the Microenterprise Program include the following: Technical assistance Business advising Grants, loans, loan guarantees Business development workshops or classes Online business training courses General support services to include: Childcare/dependent care services; Transportation to technical assistance or loan processing appointments; Peer support groups; Counseling; and Assistance accessing and paying for direct costs of training and education, such as tuition and fees. Job training for owner/employees. Eligibility Criteria  Nonprofit agencies may apply for funds. Private individuals are not eligible for funding awards. Agencies that have received two awards in this category and have not completed both projects, or have not started one, are ineligible to apply. However, agencies that have completed all previous contracts remain eligible. Income and Rent Limits Projects funded must be located within the city limits of Vancouver. HUD establishes income and rent limits annually. People served with CDBG funds must earn 80% or less of area median income (AMI). Microenterprises served must have 5 or fewer employees, including the owner. For more information, visit City of Vancouver. Related Posts:Contra Costa County Innovation Fund - CaliforniaJustice Reinvestment Grants for Maricopa County in ArizonaCalifornia: Pajaro Community Grants ProgramTexas: Evolve Houston eMobility Microgrant 2024-20252024 REGROW Grant Program - Illinois2024-2025 Neighborhood Assistance Program – Pennsylvania2025 Missouri Building Entrepreneurial Capacity…Illinois: Energy Transition Community Grant ProgramGrants for Change Program for BIPOC CommunitiesGrants for Small Businesses and Non-Profits in PennsylvaniaCity of Dubuque Small Business Support Grant in IowaCommunity Foundation Tampa Bay Competitive Grant…City of Raleigh Impact Partner Grant – North CarolinaGrants to address Challenges of Women and Children in OhioAlabama: Mazda Toyota Manufacturing Grant ProgramSubmit Applications for Early Care and Education…Oregon: Economic Development Grant ProgramGJMBC Wraparound Supports Grant Program in MassachusettsCity of Vernon CommUNITY Fund 2024 (California)2025 Youth Scholarship for Grades 7–12 and Grades…Frederick County Agricultural Innovation Grant - Maryland