Prime 2024
Closed Posted
- Opportunity number
- SB-OCAPR-24-001
- Applications due
- Award size
- $75,000 to $400,000
Opportunity facts
- Assistance listings
-
- 59.050 Prime Technical Assistance
- Funding instrument
- Grant
- Categories
-
- Community Development
- Education
- Other
- Eligible applicants
-
- Tribal Organizations (Not Federally Recognized)
- Higher Education Inst. (Private)
- Higher Education Inst. (Public)
- Non-501(c)(3) Nonprofits
- Special District Governments
- Tribal Governments (Federally Recognized)
- 501(c)(3) Nonprofits
- Full announcement
Opportunity details come from Grants.gov. Updated .
About this opportunity
The U.S. Small Business Administration (SBA) is seeking proposals through its Program for Investment in Microentrepreneurs (PRIME) 2024 grant opportunity. The purpose is to provide funding to private, non-profit microenterprise development organizations; microenterprise development programs run by state, local, or tribal governments; or Indian tribes. The funding will support two tracks - Track I for training and technical assistance to disadvantaged entrepreneurs, and Track II for training and capacity building services to microenterprise development organizations. Applicants must meet specific eligibility requirements and the proposals will be evaluated based on established criteria. The deadline for submitting proposals is April 30, 2024.
SBA expects to award up to $7 million through this opportunity, with a minimum of 75% allocated to Track I and 15% to Track II. Individual awards are anticipated to range from $75,000 to $300,000 for Track I and $75,000 to $400,000 for Track II. The grant period is for one year, likely starting September 30, 2024. Applicants are required to provide a 50% non-federal match, though waivers may be granted.
Synopsis
The purpose of this Funding Opportunity is to invite proposals for funding from private, non- profit microenterprise development organizations; microenterprise development programs run by State/ Local/Tribal Governments; or Indian tribes interested in providing assistance and guidance to disadvantaged microentrepreneurs and/or microenterprise development organizations for the purposes stated in this Announcement. • Track I (Technical Assistance) - seeks applications for funding to provide training and technical assistance programs to disadvantaged entrepreneurs as defined in section 1.2 above. • Track II (Capacity Building) - seeks applications for funding to provide training and capacity building services to MDOs, microenterprise development programs, and groups of such organizations to assist them in developing microenterprise training and services as defined in section 1.2 above.
Files
| File | Type | Posted |
|---|---|---|
| OCA_PRIME_2024_Final - 240326 updated 3-27-2024.docx | DOCX document |
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