Federal grants to Mountain Bizcapital Inc
Mountain Bizcapital Inc in Asheville, North Carolina received $17.4 million in federal grants from fiscal 2021 to 2025, across 16 awards. Its largest program was Community Development Financial Institutions Fund Equitable Recovery Program (CDFI ERP), with $4.0 million. In fiscal 2025 it was awarded $4.1 million.
From USAspending.gov award records, updated November 7, 2026.
- Grants, FY 2021 to 2025$17.4 million
- Awards16
- Awarded in FY 2025$4.1 million
- Largest award$4.0 million
By year
| Fiscal year | Awards | Amount |
|---|---|---|
| FY 2021 | 4 | $3.1 million |
| FY 2022 | 2 | $880,873 |
| FY 2023 | 5 | $7.4 million |
| FY 2024 | 3 | $1.9 million |
| FY 2025 | 2 | $4.1 million |
Programs that fund Mountain Bizcapital Inc
| Program | Awards | Amount |
|---|---|---|
| Community Development Financial Institutions Fund Equitable Recovery Program (CDFI ERP) | 1 | $4.0 million |
| Microloan Program | 5 | $3.9 million |
| Appalachian Research, Technical Assistance, and Demonstration Projects | 1 | $3.5 million |
| MBDA Specialty Center Program | 1 | $2.4 million |
| Community Development Financial Institutions Rapid Response Program (CDFI RRP) | 1 | $1.8 million |
| Community Development Financial Institutions Program | 1 | $1.3 million |
| Rural Microentrepreneur Assistance Program | 4 | $315,663 |
| Prime Technical Assistance | 2 | $210,000 |
Awarding agencies
| Agency | Awards | Amount |
|---|---|---|
| Department of the Treasury | 3 | $7.1 million |
| Small Business Administration | 7 | $4.1 million |
| Appalachian Regional Commission | 1 | $3.5 million |
| Department of Commerce | 1 | $2.4 million |
| Department of Agriculture | 4 | $315,663 |
Largest awards
| Award | Program | First action | Amount |
|---|---|---|---|
| Purpose: to provide grants to community development financial institutions (CDFIS) for the following purposes 1) to expand lending, grant making and investment activities in low or moderate income communities and to borrowers that have historically experienced significant unmet capital and financial | Community Development Financial Institutions Fund Equitable Recovery Program (CDFI ERP) | April 10, 2023 | $4.0 million |
| Access to capital | Appalachian Research, Technical Assistance, and Demonstration Projects | November 19, 2024 | $3.5 million |
| Substantial agency involvement: mbda will be substantially involved in the activities of this program, including but not limited to: providing training relating to the purpose of this program, eligible activities, and program performance goals. Requiring recipients to participate in a pre-implementa | MBDA Specialty Center Program | September 5, 2023 | $2.4 million |
| Cdfi rapid response program award | Community Development Financial Institutions Rapid Response Program (CDFI RRP) | June 15, 2021 | $1.8 million |
| Purpose: to promote economic revitalization and community development through investment in and financial assistance to community development financial institutions (CDFIS). Planned activities: financial assistance must be used for financial products, financial services (regulated institutions only) | Community Development Financial Institutions Program | September 26, 2024 | $1.3 million |
| Mountain bizcapital, inc. Nc the small business administration (SBA) microloan program provides direct loans and grants to eligible non-profit microlenders so that they may provide micro-level loans, and business based training and technical assistance to start- up, newly established and growing sma | Microloan Program | September 13, 2021 | $1.0 million |
| Training and technical assistance to sba microloan borrowers and prospective borrowers | Microloan Program | June 27, 2022 | $848,209 |
| The small business administration (SBA) microloan program provides direct loans and grants to eligible non-profit microlenders so that they may provide micro-level loans, and business based training and technical assistance to start- up, newly established and growing small business concerns. | Microloan Program | June 26, 2023 | $792,914 |
| Mountain bizcapital inc. - nc | Microloan Program | July 1, 2024 | $614,102 |
| Mountain bizcapital, inc. - nc | Microloan Program | September 19, 2025 | $585,622 |
Questions people ask
How much federal grant money does Mountain Bizcapital Inc get?
$17.4 million in 16 grant awards from fiscal 2021 to 2025, as obligations reported to USAspending.gov.
Which agency gives Mountain Bizcapital Inc the most?
The Department of the Treasury, with $7.1 million in 3 awards. The Small Business Administration and the Appalachian Regional Commission follow.
What is Mountain Bizcapital Inc's largest federal grant?
$4.0 million under Community Development Financial Institutions Fund Equitable Recovery Program (CDFI ERP), with its first action in the period on April 10, 2023. That counts only the money obligated in fiscal 2021 to 2025.
Which federal programs fund Mountain Bizcapital Inc?
Its largest are Community Development Financial Institutions Fund Equitable Recovery Program (CDFI ERP), Microloan Program and Appalachian Research, Technical Assistance, and Demonstration Projects.
Other grant recipients in Asheville
- Asheville, City of
- Community Action Opportunities
- Western North Carolina Community Health Services, Inc
- The University of North Carolina at Asheville
- Asheville-Buncombe Technical Community College
- Mountain Area Health Education Center, Inc.
- Land-0F-Sky Regional Council
- Homeward Bound of Western North Carolina, Inc
Largest federal grant recipients in North Carolina · Federal grants in North Carolina