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document that have been posted as of
08/16/2010
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Document Type:
Grants Notice
Funding Opportunity Number:
OWBO-2010-01-1A
Opportunity Category:
Discretionary
Posted Date:
Aug 16, 2010
Creation Date:
Aug 16, 2010
Original Closing Date for Applications:
Aug 27, 2010
Current Closing Date for Applications:
Aug 27, 2010
Archive Date:
Aug 28, 2010
Funding Instrument Type:
Cooperative Agreement
Category of Funding Activity:
Business and Commerce
Category Explanation:
Expected Number of Awards:
3
Estimated Total Program Funding:
Award Ceiling:
$150,000
Award Floor:
$0
CFDA Number(s):
59.043
--
Women's Business Ownership Assistance
Cost Sharing or Matching Requirement:
Yes
Eligible Applicants
Others (see text field entitled "Additional Information on Eligibility" for clarification)
Additional Information on Eligibility:
Only private nonprofit organizations certified under §501(c) of the Internal Revenue Code of 1986 that have been providing technical services to women entrepreneurs and that meet the program criteria as provided in the Eligibility section of this Program Announcement may apply for this award.
Agency Name
Small Business Administration
Description
The U.S. Small Business Administration (SBA) has reopened Program Announcement No. OWBO-2010-01-1A to invite non-profit organizations located within the following states and territories: Arkansas, Idaho, Kentucky, Texas, Guam & Virgin Island to start a new, community-based Women’s Business Center to provide technical assistance (within one of the states or territories listed above) to women entrepreneurs, both nascent and established. A representative number of clients served by each WBC must be socially and economically disadvantaged. WBC grant recipients must provide assistance to women entrepreneurs in the areas of finance, management, marketing, and other areas as defined in this Program Announcement.
Successful applicants will receive award in the form of a cooperative agreement for the base year. Four additional option years may be exercised, subject to the availability of funding and the WBC’s performance during the previous year. An SBA women’s business center is a project funding, in part, by a grant from the SBA to provide technical assistance, such as training and counseling to women entrepreneurs, both nascent and established. The WBC may exist within the framework of a larger economic development organization and may make use of the resources provided by that organization, and must be a clearly identifiable separate program or project of that entity. The recipient organization is required to match awarded funds on a 1:2 ratio for the first two years of the grant and a 1:1 ratio for the next three years. Program authority is detailed in the Small Business Act §§ 2(h) and 29 (15 U.S.C. §§ 631(h) and 656), as amended.
