engage:BDR Bags U.S. SBA EIDL Funding Approval, Stock Soars 10%

  • May 25, 2020 AEST
  • Team Kalkine

A premier advertising marketplace for desks, agencies and brands, engage:BDR Limited (ASX:EN1) has been granted the approval from the U.S. Small Business Administration for EIDL Funding. The funding is specifically from the CARES Act, EIDL program and its initial amount will be the program’s current maximum of $230K.

With the US Government introducing new programs, EN1’s Management expects the funding to continue and increase.

EN1 has been garnering investor traction post the update and was up by 10% quoting $0.011 a share at 11:54 AM AEST on 25 May 2020.


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