The mbda capital readiness PROGRAM (PROGRAM) is designed to help close the entrepreneurship GAP between socially and economically disadvantaged individuals (SEDI) and non-SEDI
Ended Cooperative Agreement Awarded Last action
- Award ID
- MB23OBD0340290
- Recipient
-
Cook Inlet Tribal Council, Inc. UEI SD65DABQARQ1
- Awarding agency
-
National Oceanic and Atmospheric Administration
Department of Commerce
- Obligated
- $7,068,426
Award facts
- Assistance listing
- 11.034 MBDA Capital Readiness Program
- Completion date
- Funding
-
- $5,654,598.00 Federal
- $1,413,828.00 Non-federal
- Funding agency
- Minority Business Development Agency Department of Commerce
- Place of performance
- Anchorage, AK 99508, USA
Award details come from USAspending.gov.
Description
The recipients are were selected to: (1) help SEDI entrepreneurs build capacity; (2) attract and provide access to capital opportunities; and (3) attract and provide access to networks. The proposed activities may resemble the service models of incubators (focusing on early-stage technical assistance for new entrepreneurs) or accelerators (providing emerging-stage technical assistance to businesses ready to expand or scale), or provide a combination of both service models.
Transactions
| Action | Federal | Non-federal | Date |
|---|---|---|---|
| Amendment | $0 | $0 | |
| Amendment | $0 | $0 | |
| Amendment | $0 | $0 | |
| Amendment | $0 | $0 | |
| Amendment | $2,827,299 | $706,914 | |
| Original award | $2,827,299 | $706,914 |
Subawards
| Subrecipient | Amount | Awarded |
|---|---|---|
| Cook Inlet Lending Center Inc. | $380,000 | |
| The Anchorage Community Land Trust | $1,045,000 |
Quick answers
Who received award MB23OBD0340290?
MB23OBD0340290 was awarded to Cook Inlet Tribal Council, Inc. by National Oceanic and Atmospheric Administration (Department of Commerce) on September 1, 2023.
How much is award MB23OBD0340290 worth?
$7,068,426 has been obligated on MB23OBD0340290: $5,654,598 in federal funding and $1,413,828 in non-federal funding.
Which agency awarded MB23OBD0340290?
National Oceanic and Atmospheric Administration (Department of Commerce) awarded MB23OBD0340290, with funding from Minority Business Development Agency (Department of Commerce).
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