Program Synopsis.pdf

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FY 2024 SBDC Program
Opportunity number
SB-OEDSB-24-001
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This notice of funding opportunity from the Small Business Administration provides details for the FY 2024 SBDC Program. Eligible applicants are existing Small Business Development Center organizations currently funded under the SBDC Program. The SBA will award up to 63 cooperative agreements with floors of $199,999 and ceilings of $8,393,834, requiring a 1:1 non-federal match. Applications are due by August 29, 2023 under Federal Grant Program number 59.037 for Small Business Development Centers. The SBDC Program will provide $140 million in matching funds for technical assistance grants delivering business assistance to small businesses and entrepreneurs, promoting areas such as growth, expansion, innovation and management improvement.

Program Synopsis

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Program Synopsis –

U.S. Small Business Administration Office of Small Business Development Centers

2024 Notice of Funding Opportunity No. SB-OEDSB-24-0001

General Information

Document Type:

Grant Notice

Funding Opportunity Number: SB-OEDSB-24-0001

Posted Date: June 30, 2023

Original Due Date for Applications: August 29, 2023

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: Up to 63

Estimated Total Program Funding: $140,000,000

Award Floor: $199,999

Award Ceiling: $8,393,834

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 Center (SBDC) Program. An application submitted by an entity that is not a currently funded SBDC Lead Center SBDC will not be considered.

Description:

2024 Notice of Funding Opportunity No. OSBDC-2024-001

U.S. Small Business Administration / Office of Small Business Development

Centers (OSBDC)

OPENING DATE: June 30, 2023

CLOSING DATE: August 29, 2023

The U.S. Small Business Administration (SBA) issues Notice of Funding Opportunity

No. OSBDC-2024-001 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 §648).

The SBDC Program is the SBA’s largest matching technical assistance grant program, 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 Non Federal Entity to effectuate the delivery of assistance to the small business community.

Questions about this Notice of Funding Opportunity should be directed to the Office of

Small Business Development Centers at SBDCGrantsq@sba.gov.

mailto:SBDCGrantsq@sba.gov

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