2020 Final Synopsis v.1.docx

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Small Business Development Centers
Opportunity number
OSBDC-2020-01
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Program Synopsis – Small Business Development Centers Funding Opportunity Announcement No. OSBDC-2020-01 (FY) General Information

Document Type:
Grant Notice
Funding Opportunity Number:
OSBDC-2020-01 (FY)
Posted Date:
August 1, 2019
Original Due Date for Applications:
August 31, 2019

Archive Date:

Funding Instrument Type:
Cooperative Agreement
Category of Funding Activity
Business and Commerce
Explanation of “Other” Category of Funding Activity:
Small Business Act
Expected Number of Awards:
19
Estimated Total Program Funding:
$101,000,000
Award Floor:
$199,999
Award Ceiling:
$5,846,957
CDFA Number
59.037 – Small Business Development Centers
Cost Sharing or Matching Requirement:
Yes – 1:1

Eligible Applicants:

An eligible candidate is an existing SBDC recipient organization currently funded under the Small Business Development (SBDC) Program which is in good standing regarding accreditation. An application submitted by an entity that is not a current Lead SBDC will not be considered.

Description:

Funding Opportunity Announcement No. OSBDC-2020-01 (FY) U.S. Small Business Administration / Office of Small Business Development Centers (OSBDC)

OPENING DATE:August 1, 2019
CLOSING DATE:August 31, 2019

The U.S. Small Business Administration (SBA) issues Funding Opportunity Announcement No. OSBDC-2020-01 (FY) to invite applications from existing SBDC recipient organization currently funded under the Small Business Development Center (SBDC) program as authorized by Section 21(a) of the Small Business Act, (15 USC Section 648).

The SBDC program is the SBA’s largest matching grant, funding a service delivery network to provide high quality business and economic development assistance to small businesses and nascent entrepreneurs in order to promote growth, expansion, innovation, increased productivity and management improvement. The SBDCs, in partnership with SBA’s Office of Small Business Development Centers (OSBDC) and SBA District Offices, develop programs and provide business management and other services that enhance the economic development goals and objectives of SBA and their other respective state and local funding partners. The SBDC program is a broad-based system of assistance for the small business community that links the resources of Federal, state, and local governments with those of the educational community and the private sector. Although SBA is responsible for the general management and oversight of the SBDC program, a partnership exists between SBA and the recipient organization to effectuate the delivery of assistance to the small business community.

Questions about this Funding Opportunity Announcement should be directed to the Office of Small Business Development Centers at SBDCGrantsq@sba.gov.

Link to Full Funding Opportunity Announcement https://www.sba.gov/offices/headquarters/osbdc/resources/13279

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