Central Vermont Community Action Council, Inc ($67,000) is among 100 nonprofit organizations from 44 states and the District of Columbia to receive grants under the Program for Investment in Microentrepreneurs Act (PRIME), the US Small Business Administration announced today.
Grants will be used to provide business-based training and technical assistance to low-income and very low-income entrepreneurs to help them start, operate, or grow a small business. Grants will also be used to better equip community-based nonprofit organizations to provide training.
‘In the midst of the economic downturn the country has been experiencing, SBA’s PRIME grants are an increasingly important tool in our toolbox to help small businesses,’ said SBA Administrator Karen G. Mills. ‘With these grants to nonprofit organizations, more entrepreneurs will have access to the training and technical assistance they need to have their businesses grow, succeed, create jobs and promote stronger local economies.’
PRIME grants are intended to help qualified community-based organizations provide training to small businesses with five or fewer employees that are economically disadvantaged, and businesses owned by low-income individuals, including those who live on Indian reservations and tribal lands.
The PRIME grants competition was open to all 50 states and territories, with about $7.9 million available for PRIME grants this year. Approximately $6.3 million was awarded to grantees that received funding in previous years to allow them to continue work in their communities begun in FY2009 and FY2010. Grants totaling approximately $1.67 million were awarded for new projects.
Grants ranged up to $227,500 this year and require a 50 percent match by each recipient organization. The PRIME grant is open to microentrepreneur training and technical assistance providers in all 50 states and U.S territories, and has a one-year performance period, with four 12-month options. For a complete list of new and option year PRIME grants, visit http://www.sba.gov/content/prime-grantees and click on ‘2011.’
State Organization, Award, Amount
New Awards
California Creating Economic Opportunities For
Women, Inc. $146,055
California LTSC Community Development
Corporation
$91,000
District of
Columbia
The Aspen Institute
$136,500
Georgia Appalachian Community Enterprises, Inc.
$98,844
Maine Washington Hancock Community Agency
$140,204
Missouri Justine Petersen Housing & Reinvestment
Corporation
$113,750
New York Seedco Financial Services, Inc.
$227,500
New York CAMBA, Inc.
$227,500
Ohio Economic And Community Development
Institute, Inc.
$227,500
Pennsylvania Northside Community Development Fund
$68,809
Virginia Virginia Community Capital, Inc.
$73,819
Washington Highline Community College
$125,274
Option Year Awards
Alabama Alabama A&M $50,250
Alaska University of Alaska, Anchorage $134,000
Arizona
PPEP Microbusiness & Housing
Development $86,408
Arizona
Winrock International Institute for Ag.
Development $67,000
Arizona Microbusiness Advancement Center $60,300
California ElPajaro $167,500
California Mission EDA $167,500
California Kitchen Ventures $160,000 California Womens Initiative for Self Employment $120,060
California Renaissance Entrepreneurship Center $100,500
California Women’s Economic Ventures $83,152
California Central Valley Business Incubator $67,000
California
National Community Development
Institute $67,000
California Valley EDC $67,000
California CAMEO $50,250
California OBDC Small Business Finance $50,250
California Opportunity Fund $50,250
California Pacific Asian Consortium in Employment $50,250
California Union of Pan Asian Communities $50,250
California Womens Initiative for Self Employment $50,250
California
Creating Economic Opportunities for
Women $31,530
Colorado
International Cntr for Appropriate and
Sustainable Tech (ICAST) $60,300
Delaware Delaware State University $50,250
District of
Columbia The Aspen Institute $67,000
District of
Columbia ISED Solutions $50,250
Florida Business Outreach Center Network $167,500
Florida Business Loan Fund of the Palm Beaches $50,250
Georgia Appalachian Community enterprises $50,250
Hawaii Pacific Gateway $50,250
Idaho Mountain States Group, Inc. $60,300
Illinois Jane Adams Hull House Association $67,000 Indiana Neighborhood Self-Employment Initiative $50,250
Iowa ISED Ventures $90,500
Iowa ISED Ventures $50,250
Kentucky Community Ventures Corporation $67,000
Kentucky Jewish Family & Career Service, Inc. $50,250
Louisiana Good Work Network $167,500
Louisiana Options for Independence $33,500
Maine University of Maine $83,750
Maine Penquis Community Action Program $67,000
Maryland Microenterprise Council of Maryland $50,250
Massachusetts International Institute of Boston $68,460
Massachusetts Center for Women & Enterprise $67,000
Massachusetts International Institute of Boston $67,000
Massachusetts Community Teamwork $33,500
Michigan Ann Arbor Center for Independent Living $134,000
Michigan
Center for Empowerment & Economic
Development $50,250
Michigan Conerstone Alliance $50,250
Mississippi Delta State University $60,300
Missouri SE Missouri State University PRIME 1 $99,771
Missouri SE Missouri State University $65,368
Navada
Nevada Micro-Enterprise Development
Corp $60,300 Nebraska
Central Plains Foundation, Inc (dba GROW
Nebraska) $50,250
Nebraska Nebraska Enterprise Fund $50,250
New Jersey Rising Tide Capital, Inc $67,000
New Mexico New Mexico Community Capital $60,300
New Mexico WESST Corp $33,500
New York East Harlem Business Capital Corporation $125,520
New York Queens EDC $88,859
New York Syracuse University $83,750
New York
New York Women’s Chamber of
Commerce $67,000
New York Capital District community Loan Fund, Inc. $50,250
New York South Bronx Overall Econ Development $50,250
New York Local Initiatives Support Corps $33,500
North
Carolina Rural Economic Development Center $50,250
Ohio
Economic Community Development
Institute $50,250
Oklahoma Little Dixie Community Action Agency $50,250
Oregon Adelante Mujeres $67,000
Oregon Umpqua Community Development Corp $67,000
Oregon
OR Native American Business &
Entrepreneurial Network $66,831
Oregon Mercy Corps International $50,501
Oregon Oregon Microenterprise Network $33,500 Pennsylvania American Cities Foundation $50,250
Pennsylvania Community Capital Works $83,750
Puerto Rico Alianza Municipal de Servicios Inegrodos $60,300
Texas Del Mar College District $120,600
Texas Southwest Community Investment Corp $67,000
Vermont
Central Vermont Community Action
Council, Inc $67,000
Virginia Credit Builders 10-Y-0059 $133,998
Virginia People Incorporated Financial Services $67,000
Virginia Credit Builders Alliance 9-Y-0150 $33,500
Washington SNAP Financial Access $106,052
Washington Metropolitan Development Council $50,250
Washington
Washington State Microenterprise
Association $50,250
West Virginia Work4WV $117,250
West Virginia Unlimited Futures $60,300
Wisconsin WI Women's Business Initiative Corp. $67,000
Wyoming Wyoming women's Business Center $105,087
US SBA 9.8.2011