PRIME 2026-01.pdf

This document is a Request for Application (RFA) for the Program for Investment in Microentrepreneurs (PRIME) FY 2026, issued by the Small Business Administration's Office of Capital Access. The funding opportunity seeks proposals from private nonprofit microenterprise development organizations, state/local/tribal government programs, and Indian tribes to provide technical assistance and training to disadvantaged microentrepreneurs. The program operates on two tracks: Track I provides direct technical assistance to disadvantaged entrepreneurs for starting, expanding, and growing microenterprises, while Track II funds capacity-building services to microenterprise development organizations themselves. Eligible applicants include 501(c)(3) nonprofits, higher education institutions, tribal governments, community development financial institutions, and programs operated by state and local governments. The period of performance is one year with four optional twelve-month renewals at the government's discretion, with an anticipated start date of September 30, 2026.

Award values for FY 2026 are expected to range from $75,000 to $400,000, with approximately $7 million anticipated in total funding availability. A 50% non-federal cost match is required, though waivers may be granted. Grant recipients must collect and maintain data on technical assistance recipients for inclusion in annual performance reports and must provide audited financial statements annually. Selection criteria include past performance, approach, personnel, and cost. Applicants will be notified of funding decisions within 60 to 90 days of the application deadline. The SBA reserves the right to conduct pre- and post-award audits of all grant recipients.