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
- MB23OBD0340313
- Recipient
-
CIC Innovation Services, LLC UEI K1TVN7KCPE59
- Awarding agency
-
National Oceanic and Atmospheric Administration
Department of Commerce
- Obligated
- $8,857,980
Award facts
- Assistance listing
- 11.034 MBDA Capital Readiness Program
- Completion date 78% complete
- Funding
-
- $6,609,630.00 Federal
- $2,248,350.00 Non-federal
- Funding agency
- Minority Business Development Agency Department of Commerce
- Place of performance
- Cambridge, MA 02142, 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 | $0 | $0 | |
| Amendment | $0 | $0 | |
| Amendment | $2,203,210 | $749,450 | |
| Amendment | $2,203,210 | $749,450 | |
| Original award | $2,203,210 | $749,450 |
Quick answers
Who received award MB23OBD0340313?
MB23OBD0340313 was awarded to CIC Innovation Services, LLC by National Oceanic and Atmospheric Administration (Department of Commerce) on September 1, 2023.
How much is award MB23OBD0340313 worth?
$8,857,980 has been obligated on MB23OBD0340313: $6,609,630 in federal funding and $2,248,350 in non-federal funding.
Which agency awarded MB23OBD0340313?
National Oceanic and Atmospheric Administration (Department of Commerce) awarded MB23OBD0340313, with funding from Minority Business Development Agency (Department of Commerce).
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