SBA Launches New Faith-Based Initiative Center

The U.S. Small Business Administration had created a Center for Faith-Based and Community Initiatives to help religous and community based nonprofits learn about and access SBA-backed programs and loans. As part of the program, the all current grants recipients have extended theor programs to faith-based organizations that focus a significant part of their program on aiding small businesses. They are already developing workshops, training seminars and open houses in an effort to increase outreach to these groups. The question remains whether this really helps faith-based groups. Were the grants open to faith-based groups previously? What are the regulations that would prohibit a faith-based organization from applying for one of the grants? And, the biggest question of all, is there enough money to go around? While the administration touts the faith-based initiative as a way to ensure faith-based organizations access to funding, in many cases, the new budget proposing cutting the very funds that the organizations would apply for.
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