SBA Awards $5 Million in Grants to Help Micro-Entrepreneurs

By |2017-09-18T17:00:53-07:00September 8th, 2017|

Community-based organizations across the country are set to receive a combined $5 million in grants from the U.S. Small Business Administration (SBA) as part of its Program for Investment in Micro-Entrepreneurs (PRIME). The 34 organizations selected aim to help low-income entrepreneurs gain access to capital, so they can establish or grow their small businesses.

This year, the SBA focused heavily on projects that will offer “training and technical assistance to strengthen cooperative forms of business,” especially those that help economically-disadvantaged entrepreneurs.

Get more information on the SBA’s PRIME grants, including a list of this year’s grantees. Learn more about grants for small businesses.

Photo credit: criene, Twenty20