America's #1 Best Selling Government Grant and Loan Search Software. Find a grant! Apply Today!
America's #1 Best Selling Government Grant and Loan Search Software. Find a grant! Apply Today!

Free online information about all US federal
government funding programs - grants, loans,
free services, etc. - available at AIDPAGE.com!
Click HERE!

America's #1 Best Selling Government Grant and Loan Search Software. Find a grant! Apply Today!
Click Here
GOVERNMENT GRANTS AND LOANS: Microloan Demonstration Program



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"When it comes to looking for government grant money, you don't need an expensive consultant, you need a database software program called the Federal Money Retriever. It's unusual to find a product that the experts agree is the best of the best."
The Wall Street Journal Online Center for Entrepreneurs
FMR Home Page
Pre-Application Wizard
Guide to Federal Funding
FMR Home Page > About FMR Database
Microloan Demonstration Program
  





 

 


     PROGRAM OBJECTIVES:
    To assist women, low-income, and minority entrepreneurs, business owners, and other individuals possessing the capability to operate successful business concerns and to assist small business concerns in those areas suffering from a lack of credit due to economic downturns. Under the Program, the Small Business Administration (SBA) will make loans or provide guaranties to private, non-profit, and quasi-governmental organizations (intermediary lenders) who will use the loan funds to make short-term, fixed interest rate microloans in amounts up to $25,000 to start-up, newly established, and growing small business concerns. These microloans are to be used exclusively for working capital, inventory, supplies, furniture, fixtures, machinery, and/or equipment. In addition, the SBA will make grants to participating intermediary lenders to provide marketing, management, and technical assistance to borrowers receiving microloans. In addition, the SBA will make grants to non-profit organizations, which are not intermediary lenders, to provide marketing, management, and technical assistance to low-income individuals seeking private sector financing for their businesses. Under the Program, SBA will also provide training for intermediary lenders and non-lenders participating in the Program.

     ELIGIBLE FUNCTIONAL CATEGORIES:
    1. BUSINESS AND COMMERCE;
    - Small Business;
    - Minority Business Enterprise;

     WHO CAN BENEFIT FROM THIS PROGRAM:
    - Public nonprofit institution/organization;
    - Minority group;
    - Small business;
    - Private non-profit institution/organization;
    - Quasi-public non-profit organization;
    - Small Business Person;
    - Women;

     WHO CAN APPLY:
    - Public non-profit institution/organization (includes institutions of higher education and hospitals);
    - Private non-profit institution/organization (includes institutions of higher education and hospitals);
    - Quasi-public non-profit institution/organization;

FMR Home Page > About FMR Database

Note : This is an online partial preview only - for all features and details,
check out the Federal Money Retriever® software.

Free online information about all US federal
government funding programs - grants, loans,
free services, etc. - available at AIDPAGE.com!
Click HERE!


 

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