Cybersecurity for Small Business Pilot Program

The summary for the Cybersecurity for Small Business Pilot Program grant is detailed below. This summary states who is eligible for the grant, how much grant money will be awarded, current and past deadlines, Catalog of Federal Domestic Assistance (CFDA) numbers, and a sampling of similar government grants. Verify the accuracy of the data FederalGrants.com provides by visiting the webpage noted in the Link to Full Announcement section or by contacting the appropriate person listed as the Grant Announcement Contact. If any section is incomplete, please visit the website for the Small Business Administration, which is the U.S. government agency offering this grant.

Cybersecurity for Small Business Pilot Program: Cyber-attacks are a growing threat for small businesses and the U.S. economy. According to the FBI's Internet Crime Report, the cost of cybercrimes reached $2.7 billion in 2020 alone. Small businesses are attractive targets because they have information that cybercriminals want, and they typically lack the security infrastructure of larger businesses. According to a recent SBA survey, 88% of small business owners felt their business was vulnerable to a cyber-attack. Yet many businesses can't afford professional IT solutions, have limited time to devote to cybersecurity, or they don't know where to begin. The Consolidated Appropriations Act, 2021, authorized the US 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.