Program for investment in microentrepreneurs
Closed Posted
- Opportunity number
- PRIME-2019-03
- Applications due
- Award size
- Not on record
Opportunity facts
- Assistance listings
-
- 59.050 Prime Technical Assistance
- Funding instrument
- Grant
- Category
-
- Business and Commerce
- Eligible applicants
-
- Tribal Governments (Federally Recognized)
- Non-501(c)(3) Nonprofits
- 501(c)(3) Nonprofits
Opportunity details come from Grants.gov. Updated .
Synopsis
2 versions
Update #2 · Latest ·
SBA intends to award a discretionary grant to the National Association of GovernmentGuaranteed Lenders (NAGGL) for the purpose of providing SBA 7(a) training to nonprofit lenders participating in the SBA Community Advantage Pilot Loan Program(CA). NAGGL has extensive experience with providing training to lenders on SBA's 7(a)loan product in the areas of loan origination, loan servicing and loan liquidation. Thisdiscretionary grant will serve as a proof of concept to explore the success of regionaltraining to mission lenders participating in CA. These training needs have beenidentified by SBA's Office of Credit Risk Management to increase the performancelevel of lenders participating in the CA program. SBA will work closely with NAGGL inshaping the project as it is implemented and will draw lessons learned from itsimplementation and use that insight and experience in deciding whether or not tocontinue the initiative in a permanent form, which we would then do via the standardcompetitive process for awarding grants.
Update #1 ·
Eligible organizations (as defined in Section 3.2) may apply to SBA for awards of financial assistance under this Announcement to conduct activities under one, but not more than one, of the following Funding Tracks: 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 |
|---|---|---|
| FY19 - PRIME Grant Instructions - Opportunity 3.docx | DOCX document | |
| FY 19 PRIME Synopsis 3.docx | DOCX document | |
| FY19 PRIME Announcement 3.docx | DOCX document | |
| FY19 PRIME Announcement 3.docx | DOCX document | |
| PKG00256798-instructions.docx | DOCX document |
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