Cybersecurity for Small Business Pilot Program
Closed Posted
- Opportunity number
- SB-OEDCS-24-001
- Applications due
- Award size
- $1,000,000 to $1,045,000
Opportunity facts
- Assistance listings
- Funding instrument
- Grant
- Categories
-
- Business and Commerce
- Community Development
- Consumer Protection
- Eligible applicants
-
- State Governments
- Full announcement
Opportunity details come from Grants.gov. Updated .
About this opportunity
The U.S. Small Business Administration (SBA) is seeking proposals from state government entities to carry out projects that help new small business concerns with tools to combat cybersecurity threats. The Cybersecurity for Small Business Pilot Program provides grants to states to develop and deliver cybersecurity training, counseling, remediation, and other services tailored to the needs of small businesses during their formative and most vulnerable years. The SBA will evaluate proposals based on the applicant's cybersecurity experience, performance measures, direct benefit to small businesses, and collaboration with partners. The application deadline is August 2, 2024, and states have until July 15, 2024 to submit questions.
The SBA plans to award up to $3,136,265 in grants, with individual grants ranging from $1,000,000 to $1,045,421 for a 24-month period of performance. Eligible applicants are state government agencies designated by the state governor. The funding is authorized under 15 USC 648 and Public Law 118-47, and excludes certain states that received prior year grants.
Synopsis
In 2023, FBI's Internet Crime Complaint Center (IC3) received a record number of complaints from the American public: 880,418 complaints were registered, with potential losses exceeding $12.5 billion. This is a nearly 10% increase in complaints received, and it represents a 22% increase in losses suffered, compared to 2022. Small businesses are attractive targets because they have information that cybercriminals want, and they typically lack the security infrastructure of larger businesses. Surveys have shown that many small business owners feel their businesses are vulnerable to a cyberattack. Yet many businesses cannot afford professional IT solutions, have limited time to devote to cybersecurity, or do not know where to begin. The Consolidated Appropriations Acts, 2022, 2023 and 2024, authorized the U.S. Small Business Administration to make grants to States, and the equivalent thereof, to carry out projects that help new small business concerns with tools to combat cybersecurity threats during their formative and most vulnerable years.
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