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-2008-030
	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 extended to 01/29/08
	Current Closing Date for Applications:	Jan 24, 2008 Closing date has been extended to 01/24/08
	Archive Date:	Jan 25, 2008
	Expected Number of Awards:	Information not provided
	Estimated Total Program Funding:	Information not provided
	Federal Grant Award Ceiling:	$150,000
	Federal Grant Award Floor:	$100,000
	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 been providing technical assistance to small business concerns owned and controlled by women for a period of at least one year before the closing date of this program announcement and that meet the program criteria as provided in the Eligibility section of the program announcement.
Grant Description: The U.S. Small Business Administration (SBA) has issued Program Announcement No.OWBO-2008-030 to invite private nonprofit organizations to apply for funding to start new, community-based women's business centers. Successful applicants will receive awards under cooperative agreements for one year plus 4 optional years, subject to continued authorization and 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 (1) of the Small Business Act, (15 U.S.C. Section 656 (1) (as amended by Public Law 109-108). This program announcement is similar to SBA Program Announcement OWBO-2008-029, which invites eligible applicants (existing women's business centers) to apply for a Renewable 3-year grant. 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 two federal dollars in the first two years and one dollar for every federal dollar in the subsequent three years. 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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