MBDA Rural Business Center Program
Closed Posted
- Opportunity number
- MBDA-OBC-2025-1002158
- Agency
-
Department of Commerce
- Applications due
- Award size
- Not on record
Opportunity facts
- Assistance listings
-
- 11.805 MBDA Business Center Program
- Funding instrument
- Cooperative Agreement
- Category
-
- Science and Technology and other Research and Development
- Eligible applicants
-
- Other
- Points of contact
-
- Nakita Chambers nchambers2@mbda.gov
- Nakita Chambers nchambers4@mbda.gov
Opportunity details come from Grants.gov. Updated .
About this opportunity
Paragraph 1:
The Minority Business Development Agency (MBDA), a bureau of the U.S. Department of Commerce, is seeking applicants for the Rural MBDA Business Center Program. The program will provide cooperative agreements to support technical assistance, capacity building, and entrepreneurial development services for rural Minority Business Enterprises (RMBEs) at all stages of growth. Eligible applicants are limited to minority-serving institutions or consortiums led by minority-serving institutions. The key evaluation criteria include the applicant's ability to deliver the required services, such as technical assistance, broadband internet support, and trade/export assistance. Applications are due by February 3, 2025, with a voluntary email of intent due on February 12, 2025.
Paragraph 2:
The MBDA will award approximately $4 million through 10 cooperative agreements of approximately $400,000 each for a five-year performance period from August 1, 2025, to July 31, 2030. A 20% cost share/match is required from the awardees. The program requires tracking and reporting of performance metrics, including the number of clients served, capital infusion achieved, new business starts, jobs supported, and percentage of businesses realizing revenue growth.
Synopsis
The Minority Business Development Agency (MBDA), a bureau of the U.S. Department of Commerce, through the Rural MBDA Business Center Program, will provide awards to support technical assistance, capacity building, and entrepreneurial development services to rural Minority Business Enterprises (RMBEs) at all stages, from ideation to maturity.
Files
| File | Type | Posted |
|---|---|---|
| MBDA Rural Business Center Program.pdf |
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