Melbourne, Florida. — As the resurrected COVID outbreak shook the economy again, the Florida Institute of Technology’s weVENTURE Women’s Business Center received two federal funds to help small businesses when needed.
The Small Business Administration announced in late August: weVENTURE WBC Women’s Business Centers Under the SBA Resilience and Recovery Demonstration was one of 14 women’s business centers nationwide receiving grants as part of a grant Female Business Office (OWBO)..
WeVENTURE WBC was awarded a $ 171,000 grant.
“During the pandemic, our women’s business center has played an integral role in meeting the needs of women entrepreneurs, especially during difficult times. As resource providers, they too are influenced by the changing business environment. We had to pivot to meet the needs of the community, “said Natalie Madeiraco Field, assistant administrator at SBA’s Women’s Management Office. “This funding will support the WBC, which has established innovative programming to reach out to motivated and active female entrepreneurs across the country.”
In collaboration with the City of Palm Bay, weVENTURE WBC was awarded a Federal Community Development Block Grant of $ 170,000 by the Department of Housing and Urban Development. This funding is usually limited to affordable housing and related matters, but Congress has expanded its use to include special economic development to support census entrepreneurs.
With both fundings, weVENTURE WBC can expand its ability to provide free counseling and other services to entrepreneurs and small business owners.
Valerie Cameron Nunes and Gregory Queens have been hired to focus on supporting the city of Palm Bay’s business. Meanwhile, Kathy Register and Jeannette Kraar lead the business across the Space Coast and Treasure Coast.
“We are honored to be a valuable community resource when the community needs it,” he said. Kathryn Ludrov, WeVENTURE WBC Executive Director. “These grants will help us respond to the pandemic and further support the SME community recovering from the pandemic.”
New federal fund allows weVENTURE to expand outreach and offerings
Source link New federal fund allows weVENTURE to expand outreach and offerings