The mbda capital readiness program (program) is designed to help close the entrepreneurship GAP between socially and economically disadvantaged individuals (sedi) and non-sedi
Active Cooperative Agreement Awarded Last action
- Award ID
- MB23OBD0340302
- Recipient
-
Ventures UEI HKFDGSVSE8R4
- Awarding agency
-
National Oceanic and Atmospheric Administration
Department of Commerce
- Obligated
- $7,647,277
Award facts
- Assistance listing
- 11.034 MBDA Capital Readiness Program
- Completion date 78% complete
- Funding
-
- $5,707,367.16 Federal
- $1,939,910.00 Non-federal
- Funding agency
- Minority Business Development Agency Department of Commerce
- Place of performance
- Seattle, WA 98144, 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 | $2,853,684 | $969,955 | |
| Original award | $2,853,684 | $969,955 |
Quick answers
Who received award MB23OBD0340302?
MB23OBD0340302 was awarded to Ventures by National Oceanic and Atmospheric Administration (Department of Commerce) on September 1, 2023.
How much is award MB23OBD0340302 worth?
$7,647,277 has been obligated on MB23OBD0340302: $5,707,367 in federal funding and $1,939,910 in non-federal funding.
Which agency awarded MB23OBD0340302?
National Oceanic and Atmospheric Administration (Department of Commerce) awarded MB23OBD0340302, with funding from Minority Business Development Agency (Department of Commerce).
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