Federal grant · project grant (b)

Exponential Impact

This Eda Investment Supports Exponential Impact With Launching Survive and Thrive (S&T) to Advance El Paso County's Economic Recovery and Future Stability Following the COVID-19 Pandemic in Colorado. the Mission of the S&T Initiative Is to Achieve Equitable Outcomes for Recovering Small Businesses by Providing Holistic Support With an Emphasis on Underrepresented Founders Who Were Disproportionately Affected by the Pandemic. in Addition, the S&T Initiative Combines Community, Capacity Building, and Access to Capital to Offer Immediate Relief to Organizations and Enhance Future Resilience. the Program Will Help Business Owners in El Paso County Grow Their Businesses and Create New Jobs in the Community, Which Will Help Strengthen and Diversify the Regional Economy.

Committed

$400,000

Paid out
$301.9K
75%
Committed, not yet paid
$98.1K
25%

How to read these numbers

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Committed vs. ceiling: Committed is what the government has legally promised on this award so far. Contracts can also carry a ceiling — the maximum if every option is exercised. Unspent ceiling is headroom, not money owed.
Paid out: The cash actually disbursed against this award. The gap from committed is the disbursement pipeline: promised, not yet cashed.
The ledger: Each transaction is a signing event — an action that created or changed the award, dated the day it was signed — not a payment. Negative amounts are real: money de-committed at closeout or renegotiation.
The money bar: One bar, the award’s whole arithmetic: paid out, then committed, not yet paid, then .

Source

This award on USAspending.gov ↗