Synopsis for FOA No. OWBO-2018-01-2.pdf

Synopsis

Document Type: Grants Notice

Funding Opportunity Number: OWBO-2018-01-2

Opportunity Category: Discretionary

Posted Date: Apr 26, 2018

Creation Date: Apr 26, 2018

Original Closing Date for Applications: Jun 26, 2018

Current Closing Date for Applications: Jun 26, 2018

Archive Date: Jun 27, 2018

Funding Instrument Type: Cooperative Agreement

Category of Funding Activity: Business and Commerce

Category Explanation:

Expected Number of Awards: 1

Estimated Total Program Funding: $150,000

Award Ceiling: $150,000

Award Floor: $0

CFDA Number(s): 59.043 -- Women’s Business Ownership Assistance

Cost Sharing or Matching Requirement: Yes

Eligible Applicants - (Organizations only)

Others (see text field entitled "Additional Information on Eligibility" for clarification)

Additional Information on Eligibility:

Only private, 501(c)- certified non-profit organizations that will provide services to the population of South

Carolina as outlined in Funding Opportunity Announcement No. OWBO-2018-01-2, Section III – Eligibility Information will be considered.

Agency Name

Small Business Administration

Description

The U.S. Small Business Administration (SBA) has issued Funding Opportunity Announcement No. OWBO-

2018-01-2 to invite private, 501(c)- certified non-profit organizations that will provide services to the population of

South Carolina as outlined in the announcement to apply for a five year Women's Business Center (WBC) grant.

The SBA Women's Business Center is a program or project funded, in part, by a grant from the SBA to provide technical assistance to women entrepreneurs, both nascent and established in the areas of finance, management, and marketing, and other areas as defined in the announcement. A representative number of clients served by a WBC must be socially and economically disadvantaged. The WBC may exist within the framework of a larger economic development organization and may make use of the resources provided by that organization but must be a clearly identifiable separate program or project of that entity. Successful applicants will receive an award in the form of a cooperative agreement for the base period (first 12-month period). Four additional option years of 12-months each may be exercised, subject to the availability of funding and the WBC's performance during the previous year. Program authority is detailed in the Small Business Act, Sections 2(h) and 29 (15 U.S.C. Sections 631(h) and 656), as amended. Non-Federal entities must provide non-Federal matching funds as follows: one non-Federal dollar for each two Federal dollars for the base period and the first Option Year, and one non-Federal dollar for each Federal dollar for years three through five. At least 50% of the non-Federal matching funds must be in the form of cash to include program income (e.g., fees generated from services). The remaining 50% may be made up of in-kind contributions. Note: An organization that previously operated an SBA-funded women’s business center within the past five years of the application, and previously operated an SBA-funded women’s business center within 50 miles of the proposed territory of the application may be eligible to apply, but if awarded, would be awarded as a Renewal Phase Project.

If you have difficulty accessing the full announcement electronically, please contact:

U.S. Small Business Administration Office of Women's Business Ownership Phone: 202-205-6673