QA_SFOP0010258_6_040924.pdf
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- Opportunity number
- SFOP0010258
- Issued by
-
Department of State
About this file
This document is a set of Questions and Responses related to the Notice of Funding Opportunity (NOFO) SFOP0010258 "Strengthening Inclusive Small Business Growth in Central America".
The key details are:
The NOFO is seeking applications from organizations to support Small Business Development Centers (SBDCs) in Central America to become accredited, sustainable, and better able to build the capacity of local small businesses, including to enter larger markets. This is intended to enhance the economic resilience of local communities, foster small business development, and promote regional economic stability.
Regarding the accreditation of SBDCs referenced in Objective 1, the response indicates that each country will determine their own accreditation standards, and the program could assist local governments in developing context-specific accreditation standards and providing guiding principles, while also reporting best practices. The U.S. SBDC accreditation standards can be used as a reference.
The federal grant program under which this opportunity is assigned is the Bureau of Western Hemisphere Affairs (WHA) Grant Programs, with CFDA Number 19.750.
Q&A SFOP0010258 6
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NOFO SFOP0010258
Strengthening Inclusive Small Business Growth in Central America
Questions and Responses April 9, 2024
Question: Regarding Objective 1 on providing training and support for SBDCs accreditation, could you specify whether this refers to an existing specific accreditation, or is it expected that the program's implementers define and award the accreditation?
If it's the latter, are there any specific criteria or requirements that this accreditation must meet?
Response: Each country determines their accreditation standards. Proposals could follow a model of helping local governments develop context specific accreditation standards, help provide guiding principles for local governments, and reporting best practices that could be used to help local governments apply accreditation standards that make sense for their distinct country’s contexts. US SBDC accreditation standards as determined by the America’s Small Business Development Centers (ASBDC) can be used as a reference for potential standards at americassbdc.org.
File details come from the government source that posted it. Updated .