MICRO-2026-1
This grant provides funding and support to intermediary lenders so they can offer microloans and business assistance to small businesses in economically distressed areas.
Funder: Small Business Administration
Due Dates: June 5, 2026: Full application submission deadline
Funding Amounts: Up to $3,000,000 per award; 138 awards expected; cost sharing/matching required
Summary: Provides funding to nonprofit intermediary lenders to support microloans and technical assistance for small businesses, especially in economically disadvantaged areas.
Description
This program supports nonprofit and quasi-governmental intermediary lenders to provide short-term, fixed-interest rate microloans (up to $50,000 each) to start-up, newly established, and growing small business concerns. The goal is to assist entrepreneurs and business owners, particularly in areas suffering from a lack of credit due to economic downturns. In addition to loan funds, the program offers grants for intermediary lenders to deliver marketing, management, and technical assistance to prospective and current microloan borrowers. The Small Business Administration (SBA) also provides training for these intermediary lenders.
