Office of Women's Business Ownership Program Announcement

The summary for the Office of Women's Business Ownership Program Announcement Federal Grant is detailed below. It contains information such as the Catalog of Federal Domestic Assistance (CFDA) number, who is eligible for the grant, how much grant money will be awarded, important deadlines, 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 in the Grant Announcement Contact section. If these sections are incomplete, please visit the website of the government agency that is offering this grant.


	Federal Grant Title:	Office of Women's Business Ownership Program Announcement
	CFDA Number:	59.043
	CFDA Description:	Women's Business Ownership Assistance
	Federal Agency Name:	Small Business Administration
	Category of Funding Activity:	Business and Commerce
	Category Explanation:	Information not provided
	Opportunity Category:	Discretionary
	Funding Opportunity Number:	OWBO-2008-028
	Document Type:	Modification to Previous Grants Notice
	Funding Instrument Type:	Cooperative Agreement
	Posted Date:	Dec 20, 2007
	Creation Date:	Dec 28, 2007
	Original Closing Date for Applications:	Jan 29, 2008 Closing date has been modified to 1/29/08
	Current Closing Date for Applications:	Jan 24, 2008 Closing date has been extended to 1/24/08
	Archive Date:	Jan 25, 2008
	Expected Number of Awards:	20
	Estimated Total Program Funding:	Information not provided
	Federal Grant Award Ceiling:	$100,000
	Federal Grant Award Floor:	$0
	Cost Sharing or Matching Requirement:	Yes

Applicants Eligible for this Grant: Others (see text field entitled "Additional Information on Eligibility" for clarification)
Additional Information on Eligibility: Private 501(c) organizations that have successfully completed both a five year initial grant and a five year sustainability WBC grant and that continue to meet the program criteria as provided in the Eligibility section of the announcement.
Grant Description: The U.S. Small Business Administration (SBA) has issued Program Announcement No.OWBO-2008-028 to invite existing women's business centers that have successfully completed both a five year initial grant and a five year sustainability WBC grant and that continue to meet the program criteria as provided in the Eligibility section of the announcement to apply for a three year renewable grant. Successful applicants will receive awards under cooperative agreements for the remainder of 2008 year plus 2 option years, subject to available funding, to provide business training, counseling, mentoring and other technical assistance to women who want to start or expand businesses. The authorizing legislation is Section 29 (m) of the Small Business Act, (15 U.S.C. Section 656 (1) (as amended by Public Law 109-108). A women's business center is a community-based project that is funded by the U.S. Small Business Administration through a grant that requires matching funds. WBCs provide long-term business skills training, counseling and mentoring to benefit nascent and existing small businesses that are owned and controlled by women, especially those who are socially or economically disadvantaged. The project must operate as a distinct unit of the recipient's organization, having its own budget for staff, facilities, equipment and resources to carry out project activities. Service areas must include financial, management, marketing, Internet/electronic commerce and government procurement/certification assistance. The applicant may focus on specialized business categories, e.g., women who are veterans, have disabilities, are in agribusinesses, home-based businesses, manufacturing, living in, rural areas, inner cities, etc. Award recipients must provide non-federal matching funds as follows: one non-federal dollar for each federal dollar. Up to 50 percent of the non-federal match funds may be in the form of in-kind contributions and at least 50 percent of match must be in cash. Questions about this program announcement should be directed to the Office of Women's Business Ownership at OWBO@sba.gov. PROPOSED FUNDING STRATEGYWOMEN'S BUSINESS CENTER PROGRAM
Link to Full Grant Announcement: http://www.sba.gov/aboutsba/sbaprograms/onlinewbc/index.html
Grant Announcement Contact: Office of Women's Business Ownership

OWBO@sba.gov [OWBO@sba.gov]
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